105 Seaward Ave, San Ysidro, CA 92173

$2,550,000
List Price
$2,550,000
MLS#
NDP2301077
Status
ACTIVE
Type
Multifamily
Neighborhood
San Ysidro

Property Description

Tremendous Value-Add Opportunity 9 units located in the desirable area of San Ysidro with 7 separate storage units. Single level property is fully rented with some tenants more than 20 years.. This is a landlord's dream, well maintained with on-site manager and close to shopping and convenient freeway access. Trolley stop is only one block away. Excellent cash-flow opportunity along with significant upside potential of increased rents. Some rents have not been adjusted for 5-7 years. Additionally, there is potential of adding additional 4-6 ADU units in place of existing storage. (Ask agent for additional details) Buyer to verify. Property is being sold As-Is. Family selling after 30 years of ownership. Most leases are month to month. Tenant mix consists of: 1.- 3 bedroom - 1 bath 2.- 2 bedroom - 1 bath 4 - 1 bedroom - 1 bath 2 - Studios - 1 bath 7 - Storage units

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Calculator source: Real Geeks

Courtesy of Coldwell Banker West, Jeff Kane.