This a three (3) unit apartment complex in the high-demand submarket of North Encanto - located in Southeast San Diego. The subject property is situated on a large lot approximately 10,000sf. The unit consist of all 2 bdrm/1bath units approximately 900sf each. It can be sold with adjacent identical Triplex located at 1690 Klauber Ave.This is an opportunity for an investor to acquire two adjacent triplexes (6 units total) with the ability to secure long-term fixed residential financing. The current rents are approximately 20% below the market allowing a new owner to increase rents to market levels as improvements are made to the units.
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