Listing provided courtesy of Terry Moore of Apartment Consultants, Inc.. Last updated 2017-10-14 09:20:36.000000. Listing information © 2017 Client MLS.
Asking Price: $1,795,000
1135 Hollister St., San Diego CA 92154
Community: South Bay
This Com-Res Income property was built in and is priced at $1,795,000. Please see the additional details below.
- 0 Sq Ft
- 1 bathrooms
- 1 bedrooms
- MLS#: 170052762
- Type: Com-Res Income
- Year Built:
The price per unit and the GRM is so low that this asset could easily sell above list. The seller has made about $50K of improvements in the previous three years. Prior to that the seller replaced all of the gas lines. $23K of driveway upgrades were done in 2015 including the removal of old material, adding and leveling new asphalt. Pitched roofs imply lower maintenance costs. Sellers will have made upgrades by close of escrow including including new exterior paint, two units will have $8K kitchen and bathroom upgrades and new flooring. The seller believes that eight units have tile floors. Residents enjoy banana, persimmon and mango trees as well as a vegetable garden growing in the back. Property is master metered for utilities. Expenses are estimated.This asset is west of I-5 and convenient to schools, dining, shopping and major freeways. One of the owners is a real estate broker. Click Virtual Tour to see video.
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