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Description
Premier Cottage Style property in an irreplaceable San Diego location near Fern and 30th while also providing an incredible 3.57% in-place and 5.63% proforma cap rate. All units possess private yards with no more than one shared wall and under market rents. The property offers an investor the ability to achieve attractive residential financing with additional income from a Bonus unit to increase cashflow. The Bonus unit was established out of legal square footage of the rear house. Additional asset value can be achieved through streamlined ADU permitting guidelines. Please see attached OM for more details on this opportunity or contact the listing agent, Maxwell Brown, for more information
Location
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Based on information from CRISNet MLS all data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
