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Sold for $1,725,000 on 10/02/24
  • $1,725,000

    2045 Garnet Ave, San Diego, CA 92109

    5beds
    4baths
    --sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $1,697,500 Zestimate®
    $--/sqft
    $6,474 Estimated rent

    What's special

    This unique 4 unit property encompasses a great mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from restaurants, coffee shops, Trader Joe's, and the bay. Quick freeway access, also enhances its appeal to potential renters. Gross income of $95,388 and a net operating income (NOI) of $72,672. Currently operating at a strong 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available - 2037 & 2041 Garnet.

    Zillow last checked: 7 hours ago

    Listing updated: October 04, 2024 at 12:17pm

    Listed by:

    Monroe Herington DRE #01930053 619-929-6546,

    eXp Realty of California Inc

    Bought with:

    Richard A Hoyt, DRE #02221334

    Real Broker

    Source: SDMLS,MLS#: 240014971MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Cooling
    • N/K
    Features
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,500

    Property

    Features
    • Levels: 1 Story
    • Fencing: N/K
    Lot
    • Size: 0.07 sqft
    Details
    • Parcel number: 4240510800
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Year built: 1980

    Community & neighborhood

    Security
    • Security features: N/K
    Location
    • Region: San Diego
    • Subdivision: PACIFIC BEACH

    Other

    Other facts
    • Listing terms: Other/Remarks
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,697,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,697,500