4480 86 Texas St, Normal Heights, CA 92116

$1,995,000

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List Price
$1,995,000
Price Change
▼ $105,000 1781218980
Status
ACTIVE
MLS#
260007432SD
Year Built
1925
Lot Size
6,996
Acres
0.16
Days on Market
180
Property Type
Multifamily
Stories
One Level
Neighborhood
University Heights

Property Description

Exceptional multi-family investment opportunity in the heart of University Heights. 4480–4486 Texas St features four upgraded units, including one 2BR/1BA and three 1BR/1BA residences, thoughtfully improved for long-term performance and tenant appeal. Each bungalow offers remodeled kitchens new appliances and dishwashers, remodeled baths, in-unit laundry, private fenced outdoor space, and modern conveniences throughout. Extensive improvements include new copper plumbing and PVC drains to the alley, updated HVAC systems, French drains with sump pumps, and a new roof and gutters on 4486. Exterior upgrades include fresh paint, new fencing, and private patios for all units. Additional highlights include split-system HVAC, tankless water heaters (3 units), 4486 has EV charging, and three off-street parking spaces. Ideally located near vibrant dining, shopping, and transit, this turnkey asset blends strong rental fundamentals with future upside in one of San Diego’s most desirable urban neighborhoods. Property consists of four detached bungalow-style units with strong income and significant capital improvements completed. All units are individually metered and feature in-unit laundry and private outdoor spaces. Recently updated kitchens and baths in all units. Desirable central location with walkable access to retail, dining, and transit.

Additional Information

Appliances
Tankless Water Heater
Pool Description
None
Cooling
Yes
Cooling Description
See Remarks
Roof
Composition
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$134,436

Listing courtesy of Listing Agent: Sally Schoeffel (sally.schoeffel@compass.com) from Listing Office: Compass.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.