Sold

4979 Auburn Dr

East San Diego CA, 92105

$2,935,000


$275.51 per sqft

Sold

16 Beds

10,653 sqft

Residential

We are pleased to offer 8 Large Townhomes in the thriving City Heights neighborhood of San Diego. All units have off-street parking, laundry hookups, private rear patio areas, and have undergone recent remodeling of bathrooms. Flooring of all units common areas have low-maintenance ceramic tile. Additional upgrading of appliances could also open these units up to the next higher tier of market rents. The larger townhome format layouts, and resulting larger tenant family units, along with the individual metering of utilities, result in a lower operating cost percentage, as well as lessened required management oversight. Overall, 4979 Auburn Drive represents an exceptional piece of investment property in the globally desired San Diego California rental market, both through long-term cash flow and as a value-add opportunity. [Note: "Projected" rents and financials are based on ACTUAL rents currently paid on units in this property of the same size, and finish]

SDC0000117

MLS ID

April 18, 2021

Listed

February 15, 2024

Updated

Map

4979 Auburn Dr
East San Diego CA, 92105

Interior Features

Total Stories

2


Bedrooms

16 Beds


Appliances

Range, Refrigerator


Laundry Description

Owned


Floor Description

Carpet, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Radiant

Exterior/Building Features

Lot Size

0.38 Acres


Lot Features

Landscaped, All Auto Sprinklers


Roof

Composition

Other Property Details

Area Name

Metro Uptown


Days on Market

128


Garage

No


Parking

Spaces


Parking Total

10


View

No


County

San Diego


Pool

No


Zoning

R-4:MULTIP


Buyer Agency Compensation

2%

Listed by Marco Roman, Broker, Marco A Roman,
Listing Contact: 858-381-2302 

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