2037 Garnet Ave San Diego, CA 92109
Seize a VERY RARE investment opportunity in the heart of Pacific Beach with this exceptional offering priced at only $1.895M, 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 $113,628 and a net operating income (NOI) of $83,774 currently operating at a satisfying 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also up for grabs - 2041 & 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 Site24 Days
- MLS StatusActive
- MLS ID Number240011482
- Home Size Source N/A
- Year Built1980
- Lot Size0.08 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 2037 Garnet Ave San Diego, CA 92109
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General Features
- Terms Other/Remarks
- Stories 1 Story
Interior Features
- Cooling N/K
Exterior Features
- Siding Stucco
- Roof Composition
Community Features
- Sales Restrictions N/K
- Age Restrictions N/K
- Security Features N/K
- Neighborhood Pacific Beach