6112 14 Pembroke, Talmadge/San Diego Central, CA 92115

$1,345,000
5
BD
2
BA
1,668
SqFt
Sold Price
$1,345,000
List Price
$1,345,000
Closing Date
Nov 21, 2022
Status
CLOSED
MLS#
220024618SD
Year Built
1949
Bedrooms
5
Bathrooms
2
Living Sq. Ft
1,668
Days on Market
31
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
San Diego

Property Description

Current 5.3% CAP rate with management in place! Pleased to present for sale a student rental just a stone's throw to San Diego State University. This fully remodeled 5bed/2bath home and 3bed/1ba ADU to two student groups for a combined $8,700/month through July 2023. Current management is very effective in negotiating high rental lease rates and is willing to stay on if desired. They expect to prelease for the 23-24 school year in coming months at $9,000+ per month (5.6% CAP rate!). Excellent Turn-Key return for an investor! Sewer: Sewer Connected Topography: LL

Additional Information

Appliances
Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker
Pool Description
None
Heat
Natural Gas
Cooling
Yes
Exterior Construction
Stucco
Roof
Asphalt, Shingle
Attached Structure
Detached

Listing courtesy of Listing Agent: Alexio Barbara (alexiobarbarascc@gmail.com) from Listing Office: South Coast Commercial, Inc..

Listing sold by Mark Pattison from eXp Realty

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.