2790 E St, San Diego, CA 92102

Property Description

Offered for sale are 9 residential units in the Golden Hill community of San Diego. Golden Hill is a revitalized neighborhood benefiting from its proximity to downtown San Diego and Balboa Park. The property includes off-street parking, a community laundry room, a two-bedroom unit with a private rear yard and eight large studio units. the studios are similar size to many one-bedroom units and offer functional floorplans. A long living room making separating the living and sleeping area possible. The units enjoy full size kitchens with dining area and a full size bathroom. Near the bathroom room are two closets. The current rental rates vary on the studios from $825 to $1045. At the stabilized rental rate of $1045 the cash flow is outstanding. Finally, the property has several upgrades including improved kitchens, hard flooring surfaces, and new dual pane vinyl windows. The exterior and interior are easy to maintain thereby contributing to a strong cash flow performance. Please drive by only.