4681-4685 Oregon Street | San Diego, California 92116
Four Units / North Park / University Heights
$1,750,000 Sold!

offered by:
Quinn Myers
Broker
619-786-7361

Property Overview

  • All units are currently tenant occupied with long-term leases

  • There are 3 gas/electric meters & 1 water meter on property

  • Studio unit has mini-split AC/heat system, all others have gas wall heaters only

  • Property manager is Mark w/ 8West 858.336.3351

  • Seller has made many upgrades to property over past 5 years

  • Seller has never lived at property

  • All four units have their own in-unit laundry. These will all be conveyed to buyer except for 1 washer (3 washers, 4 dryers will be conveyed)

  • 3 car garage structure at alley has roof nearing end of life ($4,500 quote to replace)

  • 4 units:

    • Unit1: 2bed1bath

    • Unit2: 2bed1bath

    • Unit3: 1bed1bath

    • Unit4: studio

  • Garages

    • Studio has attached big 1-car garage

    • Alley-side has 3 x 1 car garages

  • $8,570/month current gross rents

    • $102,840/year

Unit1: 4683 Oregon / 2bed 1bath

  • 2bed / 1bath / 760sf

  • Tenant pays $2,675/month

  • Tenant has a dog

  • Appliances that convey: washer, dryer, refrigerator, range, dishwasher

  • Remodeled in 2018

  • Since 2018: new tankless water heater, new subfloor, new plumbing

  • Middle garage (of the 3) is for this tenant

  • No AC, gas wall heater

3D Tour

3D Tour

Floorplan

Unit2: 4685 Oregon / 2bed 1bath

  • 2bed / 1bath / 760sf

  • Tenant pays $2,350/month

  • Tenant has 2 cats

  • Appliances that convey: washer, dryer, refrigerator, dishwasher, range

  • Remodeled in 2020

  • Since 2020: new tank water heater

  • North garage (of the 3) is for this tenant

  • No AC, gas wall heater

3D Tour

3D Tour

Floorplan

Unit3: 4681 Oregon / 1bed 1bath

  • 1bed / 1bath / 663sf

  • Tenant pays $1,850/month

  • Appliances that convey: dryer, refrigerator, dishwasher, range, microwave

  • Remodeled in 2017

  • Unit was rented during exterior work period, seller believes $2,000/month is very possible

  • South garage (of the 3) is for this tenant

  • No AC, gas wall heater

3D Tour

3D Tour

Floorplan

Unit4: 4681A Oregon / studio

  • Studio / 335sf

  • Tenant pays $1,695/month

  • Appliances that convey: washer, dryer, refrigerator, microwave, range

  • Converted from workshop in 2021

  • Has mini-split AC/Heat

3D Tour

3D Tour

Floorplan

Property Walkthrough Tour

Map & Schools

 
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Additional Information:

*Please note that all unit measurements and square footage figures provided are approximate.