Description
Interested in outstanding returns? Check out this real estate opportunity in vibrant Barrio Logan, San Diego, with highly attractive assumable financing. 315-19 S 28th Street & 2809-11 Clay Ave are two adjacent parcels consisting of 9 total units (one parcel 4u the other parcel 5u). The property has an existing Freddie Mac assumable loan available with a balance of $1,140,000 and an interest only rate of 3.57% thru 2031! With current rents this reflects a day one cash on cash return of 6.3%! With an attractive unit mix, strong rental upside, central San Diego County location and entry level price point you are not going to find a better multi family investment opportunity in the entire county! Dont miss out!
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Interested in outstanding returns? Check out this real estate opportunity in vibrant Barrio Logan, San Diego, with highly attractive assumable financing. 315-19 S 28th Street & 2809-11 Clay Ave are two adjacent parcels consisting of 9 total units (one parcel 4u the other parcel 5u). The property has an existing Freddie Mac assumable loan available with a balance of $1,140,000 and an interest only rate of 3.57% thru 2031! With current rents this reflects a day one cash on cash return of 6.3%! With an attractive unit mix, strong rental upside, central San Diego County location and entry level price point you are not going to find a better multi family investment opportunity in the entire county! Dont miss out!
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-14T20:41:15.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.