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$1,125,000
Est. payment /mo
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 260019871SD
HOA Y/N No
Year Built 2023
Property Description
BEST PRICED NEW CONSTRUCTION ON THE MARKET! Sub $1.2M for a 3 unit new build simply does not exist! Owner occupants, first time investors, portfolio buyers - there is something for everyone. At a 5.3 in place cap rate and 6.0 market cap, this 3 unit yields the best cash flow available to buyers for new builds or even in general. Ask listing agent about potential HUGE 6 figure tax depreciation strategy available. The property yields a well designed mix of all 1BR 1BA units. Off street parking includes a garage, and select units enjoy outdoor spaces on patios. Step inside and revere tasteful, custom upgrades not seen in most traditional new builds quickly saturating the market. With the beautiful product and a thoughtful design throughout, investors and owner occupants will reap all benefits possible.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Building/Complex Name San Diego
Interior
Cooling See Remarks
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5515631900
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/260019871
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Listed by Florian Sighe The Browar Group #02072593
Nearby Locations
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Lucio Real Estate Group
Broker Associate License ID: 01893011
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