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$ 1,595,000
Est. payment /mo
Active
6934 38 Mohawk St San Diego, CA 92115
7,792 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision East San Diego
MLS Listing ID 250023914SD
HOA Y/N No
Year Built 1940
Lot Size 7,792 Sqft
Property Description
Looking for refuge from the stock market volatility? This is an ideal 3 unit investment opportunity in college east, with plans ready to permit for 4th unit and zoning for more! Beautiful 1940 Spanish Home with 2 back units. Plans drawn for 4th 2bd/1ba unit to be built with 2 car garage at back! Updated in 2018 - beautiful kitchens, baths and vinyl flooring in all units. Large lot of nearly 8000sf. Front home was rented in 2023 for $3590/mo lease expires 9/2025. 1bd units have 6 mo leases expiring 10/2025. Total current rents of $7530/mo! Landlord pays water, and $100 for smaller unit's utilities. This is also an ideal owner occupied opportunity to live in front home and receive rents from back units. Each unit has private fenced patio area and own washer/dryer. Back units share 5+ alley parking spaces! Proposed 4th unit is 950sf plus 2 car garage over alley way with carports for 3 more - plans and surveys to convey to new owner. New zoning may permit up to 6 units. Newer roofs on all units in 2018 are reflective white coating. Huge opportunity !
Location
State CA
County San Diego
Area 92115 - San Diego
Building/Complex Name NA
Interior
Heating Electric, Natural Gas, Zoned
Cooling Heat Pump, Zoned
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
View Y/N Yes
View None
Private Pool No
Building
Lot Description Drip Irrigation/Bubblers, Sprinkler System
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4681612300
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA
Listing Terms Cash, Conventional, Cal Vet Loan, FHA
Listed by Mike Acker • Hunter & Maddox Intl. Inc.