San Diego, CA 92109,2045 Garnet Ave
San Diego, CA 92109,2045 Garnet Ave
San Diego, CA 92109,2045 Garnet Ave
25
$1,725,000
$1,675,000
3.0%
Est.Price: ?

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3,232 Sqft Lot

2045 Garnet Ave San Diego, CA 92109

Est. payment /mo
SOLD DATE : 10/02/2024

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Key Details

Sold Price $1,725,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 240014971SD

Year Built 1980

Lot Size 3,232 Sqft

Property Description

This unique 4 unit property encompasses a great mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from restaurants, coffee shops, Trader Joe's, and the bay. Quick freeway access, also enhances its appeal to potential renters. Gross income of $95,388 and a net operating income (NOI) of $72,672. Currently operating at a strong 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available - 2037 & 2041 Garnet.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Building/Complex Name Pacific Beach

Interior

Cooling None

Exterior

Fence None

View Y/N No

Roof Type Composition

Building

Story 1

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California Regional MLS (CRMLS)
Listed by Monroe Herington • eXp Realty of California, Inc.
Bought with Richard Hoyt • Real Broker

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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