4135-4137 Chamoune Apartments
$1,295,000
4135-4137 Chamoune Avenue, San Diego, CA 92105
5.56
Cap Rate
71,977.98
NOI
Details:
Highlights:
- Two Bedroom Home in the Front
- New Gas Lines and Foundation Reinforcement in the Front Home
- Ample Parking
- On-site Laundry Room
- Rental Upside
Description:
ACRE Investment Real Estate Services is proud to present an exceptional investment opportunity in the heart of City Heights, San Diego. This impressive property features a 3,351 square foot building comprising a two-bedroom, one bath house in the front, and four 1-bedroom, 1 bath apartments in the back. These 5 well-maintained units are perfect for a prospective multifamily investor. Renovated in 2009, the property offers modern amenities and a well-maintained interior to attract discerning tenants. New gas lines and a reinforced foundation were recently installed in the front home. The property has an on-site laundry room and ample parking. This investment promises a stable income stream and future growth potential. Take advantage of this prime opportunity to own a sought-after property in the thriving City Heights neighborhood, where demand for quality housing remains consistently high.
City Heights is a vibrant neighborhood in San Diego known for its diverse and multicultural community. It offers a rich tapestry of cultural influences, reflected in its diverse dining options, local markets, and community events. The area is home to a mix of residential and commercial spaces, making it an attractive choice for those seeking a dynamic urban lifestyle. City Heights is located near popular attractions such as the San Diego Zoo and Balboa Park, as well as San Diego State University, adding to its appeal. With its lively atmosphere, diverse population, and convenient location, City Heights is a unique and exciting part of San Diego.
Location
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