
Listed by Rancho Bernardo - HomeSmart Realty West
$999,000
City Heights
Details
APN 454-421-30-00
Property Type Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 4.57%
Year Built 1952
Buildings 1
Acreage 0.160
Zoning R-2:MINOR
Multifamily | 4.57% CAP | 2 Units
Marketing description
Exceptional investment opportunity in the heart of City Heights! This versatile 2-unit property sits on a spacious, flat, and fully usable lot just under 7,000 sq ft, offering endless potential for expansion. The front unit features 2 bedrooms and 2 bathrooms, while the rear unit boasts a larger 4-bedroom, 2 bath layout. Ideal for maximizing rental income. The property backs up to a canyon, providing added privacy and a unique natural backdrop rarely found in urban settings. With plenty of on-site parking and long-term, reliable tenants already in place, this is a true turnkey income property. Recent upgrades include a newer roof, updated windows and water heater helping reduce maintenance costs. The generous lot size and layout present a prime opportunity to add an ADU or explore additional development options, making this an excellent choice for investors looking to grow their portfolio. Don’t miss this chance to own a high-potential property in a centrally located, high-demand rental area! Buyers to verify all info.
Listing Contacts

Listed by Rancho Bernardo - HomeSmart Realty West
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