PRICE REDUCED LISTING 6 Vacant Add-Value Units with Immediate Upside in Mission Hills Excited to relaunch 4074 Ingalls Street at a reduced price of $1,500,000 ($250,000/unit). This six-unit apartment community in Mission Hills, San Diego, is now a blank slate for investors, as all units have executed cash 4 keys agreements providing a blank slate by 12/31/24. Property Highlights Unit Mix: Three studio units and three one-bedroom units Total Rentable Space: ~2,280 sq ft Additional Features: Four storage areas and a coin-operated laundry facility Investment Opportunity This property offers a rare add-value opportunity with no rent control restrictions, allowing investors to achieve market rents immediately upon completion of any desired upgrades. Location Benefits Nestled in the heart of Mission Hills, this property provides tenants with convenient access to: Pioneer Park Old Town San Diego Vibrant dining, shopping, and nightlife in Hillcrest Don’t miss out on this exceptional chance to reposition a property in one of San Diego’s most desirable neighborhoods!
Mls | 240018804SD |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Pending |
Days On Site | 127 |
Listing Provided By | Marcus & Millichap 818-212-2250 | Thomas McCartin |
Units | 6 |
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Buildings | 1 |
State | CA |
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County | San Diego |
City | San Diego |
Zip Code | 92103 |
Area | 92103 Mission Hills |
Listing VS Median (in 92103) | |
Price: $1,500,000 low | high Med: $982,000 On Site: 127 low | high Med: 47.500000 |