San Diego, CA 92123,8650 Hurlbut St
San Diego, CA 92123,8650 Hurlbut St
San Diego, CA 92123,8650 Hurlbut St
San Diego, CA 92123,8650 Hurlbut St
San Diego, CA 92123,8650 Hurlbut St
San Diego, CA 92123,8650 Hurlbut St
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$2,275,000

$2,395,000

5.0%
Est.Price: ?

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Est. payment /mo

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

Sold Date 03/21/24

HOA Y/N No

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)

Fireplace No

Exterior

Fence None

View Y/N No

Roof Type Composition

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4212051300

Financing Conventional

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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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