3841-3845 Superior Street, Logan Heights, CA 92113

$1,270,000
Sold Price
$1,270,000
List Price
$1,395,000
Closing Date
Aug 26, 2022
MLS#
220014644
Status
SOLD
Type
Multifamily
Neighborhood
Mountain View

Property Description

We are pleased to present the Superior Street Cottages, 3 detached 2 bed/1 bath homes located in the Mountain View neighborhood of south San Diego. This opportunity offers buyers multiple options, an owner occupy buyer can live in one unit, possibly 3845 which includes a garage, basement and two gated parking spaces and rent out the other two units. Or the cashflow minded investor can purchase a turn-key, stabilized market rent asset and lock in 30 year fixed residential financing. Current rents are strong, ACTUAL GRM is 14.19 and the CAP rate is 4.69%. Recent upgrades include new roofs, new insulation, new appliances, cabinets, granite countertops, bathrooms, kitchens, crown molding, recessed lighting, and more. In addition, amenities include individual washer/dryer in each unit and individual fenced patios/yards for tenants to enjoy.

Additional Information

Pool
Yes
Year Built
1950

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Acre Investment Real Estate, Christopher J Sarver. Selling Office: Compass.