4157 Menlo Ave, San Diego, California
4157 Menlo Ave, San Diego, California 92105 - Great investment opportunity to acquire a package of a whole building of condos and sell each unit individually later. The subject property consists of 7 well-maintained condo units with white papers for renewal. It is composed of 1 2 bedroom+1 office/1.5 bath and 6 1 bedroom/1 bath & has 8 off-street parking spaces. Over $350,000 in renovations completed in 2008 which includes sub-panels, new windows, tubs, copper plumbing, fixtures & hardware. This property also features laminate flooring in most of the units, granite kitchen countertops, coin-operated laundry facilities and BBQ on site, secured and gated complex. One 1 bedroom downstairs unit is being run as a vacation rental and generates an average gross rent of $1,800 per month.
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Listing Courtesy of Keller Williams Carmel Valley