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Listing Details

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MLS #
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School Ratings & Info

Description

4561-4565 Altadena offers investors and owner occupants alike, the unique opportunity to acquire a stable well maintained property in the very desirable San Diego neighborhood of Talmadge. This Charming property is a 4-unit multi-family property comprised of three structures featuring a 2BD/1BA front house with laundry, two 1BD/1BA units and 1-1BD/1BA cottage with laundry hook ups. The property has 6 off street parking spaces. The property is 100 percent occupied, 1 tenant is on Section 8 ( house), there are three gas meters The tenants in the duplex shares the gas bill for their units. There are 4 electric meters, no house meter. The house and the duplex both are on a slab, the back cottage has a post and pier foundation. Plumbing- All Copper, Gas Lines were replace, Double Pane Windows, roofs are roughly 20 years old, Gated , and beautiful fenced interior courtyard, there are two storage sheds.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T14:29:29.19. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/118153956
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4561 4565 Altadena Avenue San Diego, CA 92115

  • Price: $1,195,000
  • Status: Active
  • Updated: 79 min ago
  • ID#: NDP2106729
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1940
Built
Neighborhood:
92115 - San Diego
County:
San Diego
Area:
92115 - San Diego
Property Description
4561-4565 Altadena offers investors and owner occupants alike, the unique opportunity to acquire a stable well maintained property in the very desirable San Diego neighborhood of Talmadge. This Charming property is a 4-unit multi-family property comprised of three structures featuring a 2BD/1BA front house with laundry, two 1BD/1BA units and 1-1BD/1BA cottage with laundry hook ups. The property has 6 off street parking spaces. The property is 100 percent occupied, 1 tenant is on Section 8 ( house), there are three gas meters The tenants in the duplex shares the gas bill for their units. There are 4 electric meters, no house meter. The house and the duplex both are on a slab, the back cottage has a post and pier foundation. Plumbing- All Copper, Gas Lines were replace, Double Pane Windows, roofs are roughly 20 years old, Gated , and beautiful fenced interior courtyard, there are two storage sheds.
Exterior Features

Lot Features 11-15 Units/AcreBack YardLawnLandscapedLevelPaved Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No View YN No

Interior Features

Common Walls No Common Walls Heating None Heating YN No

Property Features

Association Fee 0 Association YN No Cap Rate 4.6 Community Features BikingCurbsGutter(S)ParkStorm Drain(S)Street LightsSidewalksUrban Fuel Expense 0 Garage YN No Gross Income 64740 Gross Scheduled Income 69480 Insurance Expense 1614 Land Lease YN No Laundry Features Washer HookupSee Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFannie MaeFreddie MacGovernment Loan Net Operating Income 54913 New Taxes Expense 15460 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 14567 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 5790 Trash Expense 400 Water Sewer Expense 3800 Water Source Public Zoning R-4:Multiple Residential

Listing provided courtesy of Bill Shafer of Properties in Paradise


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T14:29:29.19. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505