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2045 Garnet Ave San Diego, CA 92109
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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
Sold Date 10/02/24
HOA Y/N No
Year Built 1980
Lot Size 3,232 Sqft
Acres 0.0742
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
Fireplace No
Exterior
Fence None
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4240510800
Financing VA
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Bought with Richard Hoyt • Real Broker
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