5 Units in City Heights. This is the best-priced deal on the market, low $/Unit at only $209K/Unit with a strong in-place 6.32% Cap Rate and 10.44 GRM w/ upside. With many recent upgrades, this offering boasts a strong in-place cap rate with future upside my updating a couple of the units. The unit mix consists of a 2Bedroom/2Bathroom unit, a spacious detached 1Bedroom/1Bathroom house, two 1Bedroom/1Bathroom units that are in a stacked two-story structure in the middle of the property and a smaller 1Bedroom/1Bathroom unit in the rear of the property. ProForma Cap Rate: 7.34% and ProForma GRM: 9.36
Sold for $1,030,000
Zillow last checked:
Listing updated:
Bought with:
Anthony J Mendes, DRE #01845642
The Mendes Company
Source: SDMLS,MLS#: 260010557
Originating MLS: SDMLS
Originating MLS: SDMLSPrice history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Sold | $1,030,000-1.4%$368/sqft |
Source:  SDMLS #260010557 Report a problem | ||
| 5/21/2026 | Pending sale | $1,045,000$373/sqft |
Source: SDMLS #260010557 Report a problem | ||
| 5/1/2026 | Listed for sale | $1,045,000$373/sqft |
Source: SDMLS #260010557 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/23/2017 | Listing removed | $1,000 |
Source: Owner Report a problem | ||
| 11/15/2017 | Listed for rent | $1,000 |
Source: Owner Report a problem | ||
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Estimated market value
$1,027,300
