3938 42 La Salle Street, Old Town, CA 92110

$1,650,000

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List Price
$1,650,000
Status
ACTIVE
MLS#
260017545SD
Year Built
1965
Lot Size
4,367
Acres
0.10
Days on Market
12
Property Type
Multifamily
Stories
One Level
Neighborhood
Point Loma

Property Description

A rare opportunity in one of San Diego's hottest redevelopment corridors. This 3-unit property delivers strong cash flow today with an attractive value-add upside on rents.Versatile unit sizing offers a flexible canvas for repositioning or redevelopment. The property also features ample exterior parking for 8 cars, a rare and valuable amenity in this submarket.Situated on the edge of Point Loma, this location puts you minutes from Mission Beach, Ocean Beach, and Point Loma proper, with the vibrant Midway District just a short walk away. Whether you're looking to capture immediate cash flow, push rents to market, or plan for future redevelopment, this property checks every

Additional Information

Appliances
Gas Water Heater
Pool Description
None
Heat
Natural Gas
Cooling Description
None
Roof
Composition, Rolled/Hot Mop
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$78,240

Listing courtesy of Listing Agent: Salvatore Cefalu (salvatorecefalu@gmail.com) from Listing Office: Keller Williams San Diego Metro.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.