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Updated over 7 years ago,
$280k instant equity, 28% below market rent, triplex zoned for 7
Triplex priced under market in low inventory area. $280k of instant equity or more. Off market deal with great value add opportunity for the the savvy San Diego investor. Huge lot with rents 28% under market. No rent control in San Diego provides the opportunity to immediately effect monthly gross rents. Hard to find 100% occupied and 3000+ livable square footage make this property a steal. Massive lot affords the opportunity to build an additional 4 units for an insane ROI per zoning ordinance. Low maintenance with month to month leases for each tenant.
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