4050 56 Euclid Ave Active

San Diego,CA 92105

$ 1225000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision City Heights

MLS Listing ID 250018250SD

Year Built 1925

Property Description

Presenting an exceptional investment opportunity on Euclid Ave in San Diego, CA, this 4-unit property offers great rental potential in a prime location. The property features a spacious two-bedroom front house, complemented by a newly built ADU and two additional units. Made up of 4 separate structures, it provides enhanced privacy and flexibility. With rents already almost at market levels, this property promises strong rental income potential. Current monthly income is $6,628 (including rent increases taking place 3/1). One studio is a new construction garage conversion, while the other is a newly constructed ground-level studio. The 2bd/1ba and 1bd/1ba units offer value-add potential for further growth. There is a long driveway for convenient parking, and the back units are securely enclosed by a gate for added privacy. Situated in a sought-after San Diego neighborhood, this property is close to schools, shopping, dining, and offers easy access to major highways, making it a highly desirable location. Don't miss out on this unique opportunity!

Location

State CA

County San Diego

Area 92105 - East San Diego

Building/Complex Name City Heights

Interior

Cooling None,See Remarks,Wall/Window Unit(s)

Exterior

Fence None,Partial

View Y/N No

Building

Story 1

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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