Homes for sale - 4560-64 Winona Ave, San Diego, CA 92115

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Kelly Marugg

kellymarugg@gmail.com +1(619) 200-0859

$ 1,395,000

Est. payment | -/mo

4 Beds

3 Baths

450 SqFt

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$ 1,395,000

Est. payment | -/mo

Save Virtual Tour Video Tour

4 Beds

3 Baths

450 SqFt

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 450 sqft

Price per Sqft $3,100

MLS Listing ID 250024234

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1940

Lot Size 6,514 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Prime value-add + development opportunity in highly desirable Talmadge. This 6,600 SF RM-1-1 zoned lot currently features three units: a front duplex with two 1bd/1ba units, plus a detached 2bd/1ba house in the rear. Seller has fully approved permits in hand to demolish the rear house and construct 9 new units, while retaining and renovating the existing duplex—bringing the total to 11 rentable units. New ownership can begin renovations and lease-up immediately. Projected pro forma cap rate of 7.5%. Located in a low-density, high-demand rental market with limited multifamily supply. Excellent access to I-8 and I-15 puts you minutes from Downtown, Mission Valley, Kensington, and the College Area. Rare opportunity to develop in one of San Diego's most stable, appreciating infill neighborhoods.

Location

State CA

County San Diego

Area San Diego (92115)

Building/Complex Name Talmadge

Zoning RM-1-1

Interior

Cooling Other/Remarks

Fireplaces Number 3

Exterior

Exterior Feature Other/Remarks

Garage Spaces 3.0

Fence Other/Remarks

Roof Type Other/Remarks

Building

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Acceptable Financing Other/Remarks

Space Rent $1,170

Listing Terms Other/Remarks

Special Listing Condition Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/250024234

Listed by Miles S Slater • JLM Real Estate Inc

4560-64 Winona Ave San Diego, CA 92115