4401 College Ave San Diego, CA 92115
Listing Courtesy of:San Diego, CA MLS / Windermere Homes & Estates / Micah Logan
$1,295,000
8
BED
4
BATH
  4401 College Ave San Diego, CA 92115
Active (10 Days)

Comments

Turn-key Mid-Century modern low maintenance property with quality tenants & upside in rental income. Complete $375k Renovation in 2015 including all new cabinets, granite counters, luxury vinyl flooring, stainless appliances & washer/dryer in each unit. New exterior paint, windows, doors, fence & drought-tolerant landscaping. Individual gas meters for each unit. Tankless water heaters. This property has true pride of ownership with little turn-over. See supplement. This property is an ideal long-term hold with it's excellent location, premium updates and very low maintenance costs. Each unit has been very easy to fill, never any vacancies longer than a week. All tenants pay rent electronically through Venmo the 1st of the month. This building was set up to be a self-managed investment without the need to pay exorbitant management costs. HDTV Broadcast Antenna hardwired to each unit provides basic channels, CAT5 hardwired to each unit from utility closet which houses Cox internet modem/router. Luxury vinyl plank flooring is very durable, easy to maintain with individual plank replacement if needed. Stainless refrigerators, ovens, range hoods, LED under cabinet lighting. LED in ceiling light fixtures. New kitchen cabinets, fixtures, closets, fans, ceiling lights, complete bathroom vanities and high-end storage mirrors. New exterior paint, windows, doors and new fence making property very secure. All new drought-tolerant landscaping on drip irrigation, automated nighttime LED lighting. One storage closet per unit on rear exterior of building.

MLS #:
210015177
Lot Size
6,072 SQFT
Type
Multifamily
Year Built
1954
County
San Diego County
Community
Rolando
Bathroom Details
  • Full Bathrooms:4
Subdivision
  • Rolando
Lot Information
  • Level
Property Features
  • Sidewalks
Heating and Cooling
  • Forced Air Unit
  • Wall/Window
Exterior Features
  • Stucco
  • Roof:Composition
Utility Information
  • Utilities:Meter on Property
  • Fuel:Natural Gas
Garage
  • Tandem
  • Assigned
Parking
  • Tandem
  • Assigned
Stories
  • 2 Story
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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