4034 Ingraham Street, Pacific Beach, CA 92109 (OFF MARKET)

By
Real Estate Agent with Solutions Real Estate CA DRE #01490977
Photo Gallery
Front yard
Rear view and parking
Front view from street
Beaches just 5 blocks away
Description
TERRIFIC VALUE IN THE PACIFIC BEACH INVESTMENT MARKET! A great location just 5 blocks from the Mission Bay beaches on a street with public transportation make this a terrific investment in Pacific Beach (San Diego). This four-plex (with 1 bedroom 1 bath units) is near the heart of Pacific Beach with shopping, restaurants and entertainment, and has a good cash flow (1 tenant has a lease and 3 are month-to-month; 1 long term tenant, others more than 1.5 years). Rents are below market and some additional improvements would enable the investor to further enhance their investment. There is parking for 3 of the units, with ample on-street parking in front. Tenants pay electricity and gas and maintenance is low. Currently managed by property management company; self-manage to further improve CAP Rate.

This multifamily building, on the edge of the Crown Point area of Pacific Beach and very near Mission Beach, is one of the best values of the multi-unit listings currently on the market in town, one of the most popular seaside communities in the area. Take a look and make an offer. Buyers must be pre-approved and tour exterior first in order to respect tenants' privacy - Please do not disturb. 24-hours notice minimum for interior showing of 2 upper units. Call listing agent for more information, details on expenses, etc. View www.PacificBeachInvestmentRealEstate.com for photos, videos and more details
Features
Bedrooms: 4
Bathrooms: 4
Parking Spaces: 3
Lot Size: 2500
Agent Name: JEFF DOWLER
Broker: RE/MAX Associates
MLS #: 090006708
Location
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Topic:
Home Buying
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California San Diego County Pacific Beach
Groups:
Listings By Address
Posts to Localism
CALIFORNIA REAL ESTATE
SAN DIEGO Real Estate Agents & Loan Officers
Tags:
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Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This seems to be a great investment. Hope you sell it quickly.

Feb 01, 2009 05:46 AM #1
Rainmaker
1,924,738
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Jeff

Talk about the best of both Worlds; close to the beach, and let the other unit help pay a mortgage, or give cash flow.

Not to mention the great weather.

Sincerely

Tom Braatz

Feb 01, 2009 07:42 AM #2
Rainmaker
1,006,310
D B
Quakertown, PA
e-PRO, Realtor - Bucks County PA - 610-952-3578

Nice pictures of this home.  Great on line presentation.  Good luck

Don

Feb 01, 2009 11:36 AM #3
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