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6112 14 Pembroke San Diego, CA 92115
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Key Details
Sold Price $1,345,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,668 sqft
Price per Sqft $806
Subdivision San Diego
MLS Listing ID 220024618SD
Bedrooms 5
Full Baths 2
Year Built 1949
Property Sub-Type Single Family Residence
Property Description
Current 5.3% CAP rate with management in place! Pleased to present for sale a student rental just a stone's throw to San Diego State University. This fully remodeled 5bed/2bath home and 3bed/1ba ADU to two student groups for a combined $8,700/month through July 2023. Current management is very effective in negotiating high rental lease rates and is willing to stay on if desired. They expect to prelease for the 23-24 school year in coming months at $9,000+ per month (5.6% CAP rate!). Excellent Turn-Key return for an investor! Sewer: Sewer Connected Topography: LL
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Heating Natural Gas
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Converted Garage, Driveway
Fence Wood
Pool None
Roof Type Asphalt,Shingle
Building
Story 1
Others
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
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Bought with Mark Pattison eXp Realty
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