4784-86 Auburn Drive
4784-86 Auburn Drive
$1,040,000
8
4
—
—
—
Sold 8/4/21
Description
Back on market! One of the lowest price per unit fourplexes in San Diego County. The property consists of Four spacious - 2bed/1baths averaging - $1,300 a month on a well maintained two story structure, 3 of the 4 tenants are Section 8. Built in 1980's, most of the units are in good condition with one needing light TLC. Recently inspected with no structural issues, roof, plumbing, electrical, foundation and recently cleared for Section 1 termite clearance. The 8,198 sq. ft lot includes four tandem...Back on market! One of the lowest price per unit fourplexes in San Diego County. The property consists of Four spacious - 2bed/1baths averaging - $1,300 a month on a well maintained two story structure, 3 of the 4 tenants are Section 8. Built in 1980's, most of the units are in good condition with one needing light TLC. Recently inspected with no structural issues, roof, plumbing, electrical, foundation and recently cleared for Section 1 termite clearance. The 8,198 sq. ft lot includes four tandem size off-street parking spaces and four extra-large storage spaces that can be rented for additional income along with a back patio barbecue and common area for tenants and guests to enjoy. All leases are month to month, with minor interior upgrades and future rent stabilization this is above a 5.5% CAP. The property is located just south of Talmadge and El Cajon Blvd in City Heights. Tenants enjoy close proximity to places of employment, entertainment, city transportation and recreation. The area has seen considerable improvement over the past decade and will continue to reap the benefits of development and gentrification. This is a great investment for any multi-family investor.
- Listed by Cameron Ebrahimi • DRE #01820290 • South Coast Commercial, Inc.
Property Details for 4784-86 Auburn Drive
Area
East San Diego (92105)
NeighborhoodCity Heights
CommunityCITY HEIGHTS
View DescriptionValley/Canyon, Other/Remarks
City Postal IDEAST SAN DIEGO (92105)
Cross Street(s)Auburn
Location
LISTING UPDATED: 08/06/2021 11:43 AM
Property Details for 4784-86 Auburn Drive
Status | Sold |
---|---|
MLS # | 210015183 |
Days on Market | 28 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1980 |
Lot Size | 0.18 AC / 7,840 SF |
County | San Diego County |
Location
Building Information for 4784-86 Auburn Drive
Stories2Residences-Year Built1980Building Size-Lot Size0.18 AC / 7,840 SF
Payment Calculator
$5,676 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4784-86 Auburn Drive
Property History for 4784-86 Auburn Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 4784-86 Auburn Drive
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Rosa Parks Elementary School PublicK to 5 | ||
Clark Middle School Public6 to 8 | ||
Hoover High School Public9 to 12 | ||
City Heights Preparatory Charter Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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