2041 Garnet Ave San Diego, CA 92109
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.
- Property TypeMulti-Family
- NeighborhoodPacific Beach
- CountySan Diego
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site11 Days
- MLS StatusActive
- MLS ID Number240010097SD
- Home Size Source N/A
- Year Built1980
- Lot Size0.0745 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Number of Stories 11
- Acreage 0.0745
- Zoning COMMERCIAL
Interior Features
- Cooling None
Exterior Features
- Roof Composition
- Fencing None
- Spa No
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 92109 - Pacific Beach