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Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 140017216
Sold Date 08/20/14
HOA Y/N No
Lot Size 0.380 Acres
Acres 0.38
Property Description
Motivated Seller wants to trade up. Low price per unit & low GRM point to superior investment potential. Immediate upside in income. In the last five years the owner has repaved the parking lot, upgraded three kitchens with new counter tops, and installed many new applicances and upgraded faucets. Seller has self managed. With professional management rents could probably be increased more than enough to offset the management costs. High homeownership in the zip code implies stability.
Location
State CA
County San Diego
Area 92028 - Fallbrook
Interior
Fireplace No
Others
Tax ID 1043412300
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
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Bought with Ina Hajek • Harcourts Pacific Shores
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