2041 GARNET AVE
SAN DIEGO, CA 92109
$1,895,000
N/A Beds
0 Baths
N/A Sq Ft
Status Active
MLS# 240010097
Seize a VERY RARE investment opportunity in the heart of Pacific Beach with this exceptional offering priced under $2M, breaking down to approximately $473K per door! This unique property encompasses a great unit 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 popular restaurants, cozy coffee shops, Trader Joe's, and the serene bay. The property also boasts quick freeway access, enhancing its appeal to potential renters. With impressive curb appeal, this investment generates a gross income of $133,524 and a net operating income (NOI) of $103,752, currently operating at a satisfying 5.50% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also up for grabs - 2037 & 2045 Garnet , presenting an even bigger opportunity in this coveted area. Don't miss out on this exceptional chance to own a piece of Pacific Beach.
Details for 2041 GARNET AVE
Built in 1980
N/K
12 Days on website
0.08 acres lot