Properties
San Diego, CA 92113 402 8 Olivewood
$995,001
Pending
21 more
Presented By: Grant Myerson with The Browar Group; grant@thebrowargroup.com
Baths • 2
SQFT • 2,844
Home Details
Exceptional opportunity to purchase one of the lowest priced 4-unit properties currently on the market in San Diego County. 402–408 Olivewood Terrace is a 4-unit multifamily property consisting of two 2-bedroom / 1-bath units and two 3-bedroom / 2-bath units totaling approximately 2,844 square feet on a 6,337 square foot lot. Three units are currently occupied with one 3-bedroom / 2-bath unit to be delivered vacant, providing immediate lease-up potential. Units have been upgraded over time and feature efficient floorplans that support an attainable rental profile. The property is centrally located with convenient access to the 5, 15, 805, and 94 freeways as well as Downtown San Diego.
Presented By: Grant Myerson with The Browar Group; grant@thebrowargroup.com
Interior Features for 402 8 Olivewood
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 402 8 Olivewood
Cap Rate4.1
CitySan Diego
Community FeaturesCurbs, Street Lights, Sidewalks, Urban
CountySan Diego
DirectionsCross Street: Oceanview Use Google Maps
Electric Expense360
Entry LocationFront
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income66639
HOANo
HOA Fee$
Insurance Expense4000
Land Lease Y/NNo
Listing TermsCash, Conventional, 1031 Exchange, FHA 203(k), Submit, VA Loan
Lot Size Square Feet6337
Lot Size UnitsSquare Feet
MLS Area92113 - Logan Heights
Net Operating Income40890
Number Of Units Total4
Operating Expense25750
Pool FeaturesNone
PostalCitySAN DIEGO
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot12
Taxes$12,438
Trash Expense0
Virtual TourClick here
Water Sewer Expense4080
Year Built1930
ZoningRM-1-1
Exterior for 402 8 Olivewood
Building Area Total2844
Lot Features0-1 Unit/Acre
Lot Size Acres0.1455
Lot Size Area6337
Lot Size SourcePublic Records
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking0
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
