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4149 Wabash Ave

San Diego, CA 92104
  • $2,899,000
  • STATUS: ACTIVE
  • ON SITE: 39 Days
  • ID#: 240022640
Price Reduced
UPDATED: 70 min ago
$2,899,000
  • 3
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

4149 Wabash is a fully renovated 9-unit multifamily property with strong rental income. Set on a generous 6,995 square foot lot, this well-maintained property offers a diverse unit mix, featuring Four Studio Units, Four 1-Bedroom/1-Bathroom Units, and One 2-Bedroom/1-Bathroom Unit. Every unit has been thoughtfully updated with modern finishes and includes in-unit laundry, enhancing tenant convenience and appeal. With high-quality upgrades throughout, 4149 Wabash combines low-maintenance operations with strong tenant demand. Current rents provide strong cash flow, making this an excellent opportunity for investors seeking a stable, income-generating asset with minimal upkeep.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/155709876
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4149 Wabash Ave San Diego, CA 92104

  • Price: $2,899,000
  • Status: ACTIVE
  • On Site: 39 Days
  • Updated: 70 min ago
  • ID#: 240022640
3
Beds
3
Baths
0
½ Baths
0.16
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
4149 Wabash is a fully renovated 9-unit multifamily property with strong rental income. Set on a generous 6,995 square foot lot, this well-maintained property offers a diverse unit mix, featuring Four Studio Units, Four 1-Bedroom/1-Bathroom Units, and One 2-Bedroom/1-Bathroom Unit. Every unit has been thoughtfully updated with modern finishes and includes in-unit laundry, enhancing tenant convenience and appeal. With high-quality upgrades throughout, 4149 Wabash combines low-maintenance operations with strong tenant demand. Current rents provide strong cash flow, making this an excellent opportunity for investors seeking a stable, income-generating asset with minimal upkeep.
Interior Features

Sq Ft Of Improvement 4283

Property Features

Actual Cap Rate 4.5 Actual Gross Scheduled Income 205860.0 Actual Operating Expense 63323 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 14.6 Have 9 Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want $$ Projected Cap Rate 5.4 Unit Number1 4 Unit Number2 4 Unit Number3 1 Unit Rent Total1 6700 Unit Rent Total2 7540 Unit Rent Total3 2600 Unit Rent1 $1675 Unit Rent2 $1885 Unit Rent3 $2600

San Diego MLS logo Listing provided courtesy of Adam Cairo of Starker West, Inc.: 619-300-0173. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128