San Diego, CA 92109,2045 Garnet Ave
San Diego, CA 92109,2045 Garnet Ave
San Diego, CA 92109,2045 Garnet Ave
25
$1,725,000
$1,675,000
3.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3,232 Sqft Lot

2045 Garnet Ave San Diego, CA 92109

Est. payment /mo
SOLD DATE : 10/02/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,725,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 240014971SD

Sold Date 10/02/24

HOA Y/N No

Year Built 1980

Lot Size 3,232 Sqft

Property Description

This unique 4 unit property encompasses a great mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from restaurants, coffee shops, Trader Joe's, and the bay. Quick freeway access, also enhances its appeal to potential renters. Gross income of $95,388 and a net operating income (NOI) of $72,672. Currently operating at a strong 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available - 2037 & 2041 Garnet.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Building/Complex Name Pacific Beach

Interior

Cooling None

Fireplace No

Exterior

Fence None

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4240510800

Financing VA

Read Less


California Regional MLS (CRMLS)
Listed by Monroe Herington • eXp Realty of California, Inc.
Bought with Richard Hoyt • Real Broker

GET MORE INFORMATION

Ken Wallis

Broker Associate | License ID: 1700449

+1(805) 218-3402

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.