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Natalie Miranda
marketing@thewhipplegroup.com$ 1,500,000
Est. payment | /mo
$ 1,500,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Encanto
MLS Listing ID 250038188SD
HOA Y/N No
Year Built 1979
Property Description
Rare 3-unit property in Encanto on a quiet street surrounded by primarily single-family homes. The main residence, built in 1979, offers 6 bedrooms and 2.5 baths (originally 4BR with a 2 Car Garage), in-unit laundry, and leased solar panels. Two additional units were newly constructed in 2022—a 2BR/1.5BA townhouse-style with loft and a 2BR/1BA with modern finishes. Both feature minisplit A/C, upgraded interiors, and are separately submetered for water. All three units also include individual water purification systems, and the owner has implemented a RUBS program for utilities. With a strong 5.5% cap rate, this property is an excellent investment opportunity or a great option for an owner-occupant to live in one unit while renting the others.
Location
State CA
County San Diego
Area 92114 - Encanto
Interior
Cooling Zoned
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5495931300
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Listed by Jordan Concepcion Apartment Realty Group (ARG)
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Natalie Miranda
Marketing Director | License ID: 02122928