3860 45th St, East San Diego, CA 92105
- $1,030,000
- 6
- BD
- 6
- BA
- 2,800
- SqFt
Listing courtesy of Listing Agent: James V Carter (619-784-1031) from Listing Office: Apartment Realty Group (ARG).
Selling Office: The Mendes Company.- Sold Price
- $1,030,000
- List Price
- $1,045,000
- Status
- CLOSED
- Days on Market
- 55
- Closing Date
- Jun 25, 2026
- MLS#
- 260010557
- Subtype
- Residential Income
- Bedrooms
- 6
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 2,800
- MLS Area Major
- San Diego Central
Property Description
5 Units in City Heights. This is the best-priced deal on the market, low $/Unit at only $209K/Unit with a strong in-place 6.32% Cap Rate and 10.44 GRM w/ upside. With many recent upgrades, this offering boasts a strong in-place cap rate with future upside my updating a couple of the units. The unit mix consists of a 2Bedroom/2Bathroom unit, a spacious detached 1Bedroom/1Bathroom house, two 1Bedroom/1Bathroom units that are in a stacked two-story structure in the middle of the property and a smaller 1Bedroom/1Bathroom unit in the rear of the property. ProForma Cap Rate: 7.34% and ProForma GRM: 9.36
Additional Information
- Zoning
- CUPD-CT-5-
- Flooring
- Other
- Heating
- Other
- Air Conditioning
- Other
- Stories
- 2
- Levels
- Two
- Roof
- Composition
- Parking Features
- Parking Spaces
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