Description
Charming Victorian Multi-Unit Home – Rare Investment Opportunity Property Highlights: Historic Victorian Architecture: Timeless beauty with elegant design elements. Prime Investment: 4-unit property with room to expand, presenting lucrative rental opportunities. Mills Act Savings: Historic designation offers substantial property tax relief, maximizing ROI. Ideal Location: Positioned in a highly walkable, up-and-coming area with steady growth potential, close to local amenities and the vibrant downtown area. Strong Rental Upside: With gentrification underway, the neighborhood attracts quality tenants and offers strong upward rent potential. Near 32nd Naval Station: Proximity to the naval base adds rental demand and stability. This meticulously maintained and freshly painted Victorian home marries historical charm with modern-day income potential. Enjoy immediate cash flow with the current units while exploring the possibility of adding more. Perfect for investors looking for a long-term asset that offers both character and exceptional financial benefits. Don't miss this unique opportunity to own a piece of history with financial upside – schedule a viewing today!
Property Details
- Stories2
Measurements
- Acres0.122
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1993
Community and Neighborhood Details
- SubdivisionNational City
Location
- CountySan Diego
Financial Details
- Original List Price$15,000,000
Other
- MLS #240025364SD
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: John Rinaldi (#SAND-643393)
Listing Office: Apropos (#SAND-66487)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.