Property Detail

942 23rd St

San Diego CA 92102

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$1,900,000

Status: Active

Property Details

Description

23rd St is a prime investment opportunity offering a turnkey asset with immediate cash flow. This multifamily property,comprises five legal and one nonconforming unit with a mix of four 1-bedroom/1-bathroom units, one studio, and one 1-bedroom/2-bathroom unit. The property hosts a fully modernized living experience for residents. Six total units. The most compelling aspect of this offering is its comprehensive 2021 renovation and proven performance as a furnished rental with strong in-place income. The property features modernized kitchens, smart locks, mini-split HVAC systems, and fully paid solar panels, along with an expansive outdoor entertaining area complete with a BBQ, outdoor kitchen, gas firepit, and spa.

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