San Diego, CA 92123,8650 Hurlbut St
San Diego, CA 92123,8650 Hurlbut St
San Diego, CA 92123,8650 Hurlbut St
$2,275,000
Est. payment /mo
Est.Price: ?

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SOLD DATE : 03/21/2024

Key Details

Sold Price $2,275,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Serra Mesa

MLS Listing ID 240002201SD

Year Built 1959

Property Description

**Turn-Key 5.36% CAP Rate** 4-Unit fully occupied & recently remodeled 3-Bedroom/2-Bathroom (1,130 SF) apartment homes featuring brand new appliances, flooring, windows, kitchens, and bathrooms. Tenant Amenities include in-unit laundry, patios, balconies, and carport parking. New Roof, Upgraded Electrical and Plumbing, and Recently Fumigated. Centrally located in Serra Mesa (adjacent to Mission Valley and Civita). This property checks all the boxes: High-income-producing asset w/ extremely low maintenance in one of San Diego's strongest and rarely available submarkets. High CAP Rate (5.36%), Low GRM (13.50), Low $/SF ($530/SF).

Location

State CA

County San Diego

Area 92123 - San Diego

Interior

Cooling Wall/Window Unit(s)

Exterior

Fence None

View Y/N No

Roof Type Composition

Building

Story 2

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California Regional MLS (CRMLS)
Listed by Angelo La Bruna • Apartment Realty Group (ARG)
Bought with Sara Alavi • Coldwell Banker Realty

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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