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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Data last updated 9:08 PM UTC, 2/15/2024