For sale
  • Listing Provided by: 

    Maxwell Brown DRE #02127395 mbrown@caacre.com,

    Commercial Asset Advisors

    Price cut: $5K (6/11)
    $1,390,000

    3867-71 Menlo Ave, San Diego, CA 92105

    5beds
    4baths
    3,000sqft
    : 
    Multi Family
    Built in 1960
    -- sqft lot
    $1,368,200 Zestimate®
    $463/sqft
    $-- HOA

    What's special

    Community laundry roomOff-street parking spaces
    3865-71.5 Menlo Ave possesses 4 units consisting of a detached 2 Bed / 1 Bath House, (3) 1 bed / 1 bath units, community laundry room, and 5 off-street parking spaces. The property produces a strong $107,772 Gross Scheduled Income with a Net Operating income of $79,315 yielding an above market true 5.69% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents. The contiguous 10 unit property 3877 Menlo Ave is also available for sale with the same ownership.
    82 days
    on Zillow
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    325
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    23
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