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Excellent Six Unit Investment For Sale

$2,250,000

4463 Mentone St, San Diego, CA 92107

Active
Last Updated: 05/20/2021

3.66

Cap Rate

82,352

NOI

Details:
Cap Rate:    3.66%
NOI:    $82,352
Lot Area:    6,260 sqft
Units:    6
Floors:    2
Description:

4463 Mentone Street Is An Excellent Six Unit Investment Property Located In The Loma Portal Section Of Point Loma. It Is In Close Proximity To Beaches, Tennis Courts, Restaurants, Robb Field, Mission Bay Park, Shelter Island, And San Diego Bay. The Rents Are Substantially Below Market And Could Be Raised With New Ownership And Management, Subject To The New State Wide Rent Control Statute. The Building Has Been Very Well Maintained With Significant Improvements Made To Several Of The Kitchens And Bathrooms. The Roof Is Relatively New. Please Do Not Walk The Property Or Disturb The Tenants.

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