Property Detail

2045 Garnet Ave

San Diego CA 92109

$1,675,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Monroe Herington of eXp Realty of California, Inc.. Last updated 2024-09-07 08:11:37.000000. Listing information © 2024 CRMLS.

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