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Key Details
Sold Price $365,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 120062024
Sold Date 01/31/13
HOA Y/N No
Year Built 1945
Property Description
526-544 S. Evans St. is a 5 unit value add property with approximately 3,588 rentable sq. ft. The lot size is 7,000 sq. ft. offering plenty of upside and parking potential. The 5th 2Bed/1Bath unit has been converted to a storage unit and currently rents for $200. All rents are low and could easily be increased with a more aggressive management style. This investment opportunity is ideal for anyone hands-on looking for future cash flow in a high demand San Diego rental neighborhood. Submit all offers. Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1 Unit # for Unit 2: 1 Unit # for Unit 3: 1 Unit # for Unit 4: 1 Unit 1 Parking Spaces: 2 Unit 2 Parking Spaces: 1 Unit 3 Parking Spaces: 1 Unit 4 Parking Spaces: 1 Number of Furnished Units: 4
Location
State CA
County San Diego
Area 92113 - Logan Heights
Interior
Cooling SeeRemarks
Fireplace No
Appliance GasWaterHeater
Exterior
Community Features Gated
Roof Type Composition
Total Parking Spaces 2
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5383401500
Security Features GatedCommunity
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Matt Robinson • Acre Investment Real Estate
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