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Sold for $1,725,000
  • $1,725,000

    2045 Garnet Ave, San Diego, CA 92109

    5beds
    --sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $1,722,300 Zestimate®
    $--/sqft
    $4,722 Estimated rent

    Home value

    $1,722,300

    $1.57M - $1.91M

    $4,722/mo

    Zestimate® history
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    $4,722/mo

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    $11,028/mo

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    What's special

    This unique 4 unit property encompasses a great mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from restaurants, coffee shops, Trader Joe's, and the bay. Quick freeway access, also enhances its appeal to potential renters. Gross income of $95,388 and a net operating income (NOI) of $72,672. Currently operating at a strong 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available - 2037 & 2041 Garnet.

    Zillow last checked:

    Listing updated:

    Listed by:

    Monroe Herington DRE #01930053 619-929-6546,

    eXp Realty of California Inc

    Bought with:

    Richard A Hoyt, DRE #02221334

    Real Broker

    Source: SDMLS,MLS#: 240014971MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • N/K
    Features
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,500

    Property

    Features
    • Levels: 1 Story
    • Fencing: N/K
    Details
    • Parcel number: 4240510800

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Year built: 1980

    Community & HOA

    Community
    • Security: N/K
    • Subdivision: PACIFIC BEACH
    Location
    • Region: San Diego

    Financial & listing details

    • Date on market: 6/28/2024
    • Listing terms: Other/Remarks
    • Tenant pays: Electricity, Gas/Propane

    Price history

    DateEventPrice
    10/2/2024Sold$1,725,000+3%
    Source: SDMLS #240014971 Report a problem
    9/6/2024Pending sale$1,675,000
    Source: SDMLS #240014971 Report a problem
    7/27/2024Listing removed--
    Source: SDMLS #240014971 Report a problem
    7/9/2024Price change$1,675,000+2.4%
    Source: SDMLS #240014971 Report a problem
    6/28/2024Listed for sale$1,635,000+118%
    Source: SDMLS #240014971 Report a problem
    7/9/2008Sold$750,000
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Pacific Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,722,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,722,300