1629 Polk Ave


PRICE REDUCED!!! Rare investment opportunity to acquire a property with 7.28% Cap Rate in San Diego! It has a master lease in place ending in 9/2019. It's generating $6,600/month. New owner has to pay property taxes & insurance only. Great opportunity for investors looking for a property w/ no management responsibilities. Property is recently updated & consists of 3 units+optional 4th unit. All units have open floor plans w/ custom flooring, roll up doors, new kitchen, etc. Easy access to everything! Neighborhoods: University Heights Other Fees: 0 Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Unit # for Unit 4: Optional Number of Furnished Units: 0
1629 Polk Ave, San Diego, CA 92103 | Residential Income | Active | 0 SF Lot | Built 1925 | 1 Stories | MLS# 180013851

Offered at $899,000


Pool: No | View: None | Colling : Wall Window

Meet an expert

Troy Palmquist
Agent | DRE# 01772139


Based on information from California Regional Multiple Listing Service, Inc. as of September 19, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Curtis Gabhart, Keller Williams Carmel Valley, Source: Local MLS