Offer Price:

$2,750,000

Cap Rate:

4.71%

Price/SF:

$743.24

Price/Unit:

$687,500

Gross Building Area:

3,700 SF

Lot Size:

11,701 SF

Status:

Active

Submarket:

Central

Property Type:

Apartments

Strategy:

Core

The Bove Group is delighted to present an exclusive opportunity to acquire four exceptional units situated in the highly sought-after Clairemont neighborhood. Nestled on a generous 0.27-acre lot, this property showcases two detached custom-built new construction homes and one duplex, offering an estimated monthly income of $15,000.

The new construction homes boast breathtaking panoramic canyon views and come equipped with owned solar panels. Each home features three bedrooms, two baths, and spans 1150 square feet. These thoughtfully designed residences offer private yards and balconies, along with a garage, vinyl plank flooring, washer/dryer hook-ups, designer cabinetry, quartz countertops, and central air & heat. With meticulous attention to detail, these homes are move-in ready, showcasing high-quality upgrades and features.

The duplex comprises two separate units, each encompassing two bedrooms and one bath, spanning 700 square feet. These units offer private spacious yards, recently remodeled kitchens and bathrooms, and eye-catching drought-tolerant landscaping. The duplex presents a wonderful opportunity for additional rental income while providing comfortable and stylish living spaces.

All four units are primed for immediate occupancy, ensuring a seamless transition for tenants. With their exceptional finishes and thoughtful enhancements, these properties epitomize quality and style. Don't miss out on this remarkable investment opportunity!

Listed By:

Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 945-7094

Jared Wallach
Senior Associate Investments
jared.wallach@marcusmillichap.com
(424) 205-3800