SOLD
$1,010,000
Date 07/10/2023

1553 57 S 40th
San Diego, CA 92113

Other
Residence
2,964
Sqft
0.1639
Lot Size
Listing Agent: Michael Mignosa CalDRE: 02049221 - The Browar Group

Description for 1553 57 S 40th San Diego, CA 92113

One of the best priced 4 unit deals in the city of San Diego. 1553-57 S 40th Street is located East of the 5 in the Southcrest neighborhood of San Diego, CA. The property is located in a part of San Diego enjoying tremendous growth between downtown San Diego development and all that is happening in Barrio Logan and National City alike. The property was originally built in 1957, and contains (4) 2bed+1bath units. There are two size-able storage units on-site for tenant use. Held long-term by current ownership, the property represents an excellent value add opportunity for astute investors to fix up the units and increase cash flow. In addition to upside in the rents, it is possible to monetize storage units through ADU conversion or charging monthly.

Property Details

PTP2301837
Other, 2 Story
San Diego
1957
0.1639 Acres
Public
2
Public Sewer
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Listing Agent: Michael Mignosa CalDRE: 02049221 - The Browar Group
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