1028 30 Lincoln Ave, Mission Hills, CA 92103

$1,895,000

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List Price
$1,895,000
Status
ACTIVE
MLS#
260026104SD
Year Built
1920
Lot Size
7,016
Acres
0.16
Days on Market
2
Property Type
Multifamily
Stories
Three Or More Levels
Neighborhood
University Heights

Property Description

Turnkey Multi-Unit Investment in High-Demand University Heights / Hillcrest Adjacent Community Rarely available and fully reimagined, this turnkey 1920s multi-unit property offers the ultimate hands-off addition to your investment portfolio. Situated in one of San Diego’s most desirable and high-demand rental markets, this triplex has been completely rebuilt from the ground up, blending historic charm with modern luxury. Boasting a brand-new foundation, a new roof, and premium modern upgrades throughout, this fully leased property delivers immediate, stabilized cash flow with zero deferred maintenance. Property Highlights • The Location: Nestled on the border of University Heights and Hillcrest. Walkable to vibrant dining, cafes, nightlife, and boutique shopping, while offering quick access to major highways and downtown. • The Infrastructure: Almost completely rebuilt. Features a brand-new foundation, new roof, individual tankless water heaters for every unit, and modern energy-efficient upgrades. • The Income: Fully leased to quality tenants. Your portfolio is ready for this seamless, revenue-generating asset from day one. Investor Advantages • Zero CapEx Needed: With a new foundation, roof, plumbing, and mechanical systems, enjoy years of low-maintenance ownership. • Premium Tenant Amenities: In-unit laundry and individual tankless water heaters maximize tenant retention and command top-market rents. • Stabilized Asset: Skip the lease-up phase. Collect rental income immediately upon close of escrow.

Additional Information

Appliances
Tankless Water Heater
Heat
Electric, See Remarks, Zoned
Cooling
Yes
Cooling Description
See Remarks, Zoned
Roof
Composition
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$10,000

Listing courtesy of Listing Agent: Amanda Allen (amanda@nellarealestate.com) from Listing Office: Keller Williams SanDiego Metro.

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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.