Property Detail
Description
We are pleased to present for sale this turnkey 6-unit multifamily asset that delivers immediate cash flow with a 6.53% current CAP rate, 10.48 GRM, and rare seller financing offered at 40% down, 6.25% interest-only, due in 4 years, generating a projected 7% cash-on-cash return. The property consists of (2) renovated 2BD/1BA units and (4) renovated spacious 1BD/1BA units, with the majority being single-story constructiona feature highly preferred by renters and ideal for long-term durability. Each unit has been extensively upgraded with luxury finishes and includes individual washer/dryer hookups, enhancing tenant satisfaction and rental demand. Additional income and value-add potential come from (5) onsite garagesperfect for extra storage income or potential ADU conversions (Buyer to verify with city)plus (3) open parking spaces. With strong in-place financials, modernized units, and flexible, attractive financing terms, this property is an exceptional opportunity for investors seeking stable cash flow, built-in upside, and a high-performing asset in a strong rental market.
Map Location
Listing provided courtesy of Kristopher German of RE/MAX 2000 REALTY. Last updated . Listing information © 2025 SANDICOR.
Angelica Wallace
Real Estate Professional
CA DRE# 01393526
10755 Scripps Poway Parkway, Suite 521
San Diego, CA 92131
(619) 772-2054
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CA DRE# 01393526
BROKER# 01177812
10755 Scripps Poway Parkway, Suite 521 San Diego, CA 92131
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