1629 Polk Ave, San Diego, California
1629 Polk Ave, San Diego, California 92103 - Rare investment opportunity to acquire a property with 6.35% Cap Rate in San Diego! The subject property has a master lease in place for 2 years and is generating $6,600/month. The new owner has to pay property taxes and insurance only. This is a great opportunity for investors looking for a property with no management responsibilities. Property is recently updated and consists of 3 units plus a space for an optional 4th unit. All units have open floor plans with custom flooring, roll up doors, new kitchen, baths, AC/FAU to name a few. It resides steps away from Park Blvd and has easy access to everything. Walking distance to restaurants, groceries, coffee houses, bars & clubs!
View Virtual Tour
Listing Courtesy of Keller Williams Carmel Valley
“I recently listed my home with Katharina Thinnes. I was so impressed! Her knowledge and expertise and attention to detail was spot on as she led me with a timeline of expectations during the process. Katharina delivered all my expectations and brought me an offer and buyer at our first open house. I was stunned! If you want results and are serious about selling your home, you must hire Katharina! She is one of the best Realtors I have ever worked with and I highly recommend her for both a listing and buyers agent. Moving out of state is difficult and Katharina made the entire process seamless. William J. and Elizabeth C. Ray”