3957 Cottonwood St is a fully renovated 4-unit property located in the rapidly evolving Shelltown neighborhood of San Diego. Each unit is a spacious 2-bedroom, 1-bathroom layout featuring upgraded kitchens, modern bathrooms, new flooring, and updated plumbing and electrical systems. The exterior has also been improved, offering strong curb appeal… Read More and minimal ongoing maintenance. The property is stabilized with in-place income and a reliable tenant base, but still offers significant upside in rental potential. As leases roll over, new ownership has the opportunity to bring rents closer to market while holding a clean, low-maintenance asset in a neighborhood that continues to see strong growth. Recent sales in the area reflect strong demand for turnkey 2-bed/1-bath product, but Cottonwood stands out for its higher-end finishes and more complete renovation scope compared to nearby properties. Located just minutes from National City, Downtown, and major freeways, 3957 Cottonwood is a rare opportunity to own a fully improved, cash-flowing fourplex in one of San Diego’s most promising submarkets. Read Less
Courtesy of Nara Advisors, Inc., Jason J Lee, 858-336-9688.
Listing Snapshot
Days Online
37
Last Updated
Property Type
Res Income 2-4 Units
Beds
8
Full Baths
4
Year Built
1957
MLS Number
250034036
Additional Details
Building
Built in 1957, Building area total: 2880, 1 number of building, 2 stories total, Living area: 0, Living area units: Sqft, Building area units: Sqft, Building name: Shelltown, 4 total units, "Other/Remarks", "2 Story"
Cooling
"Other/Remarks"
Expenses
Operating expense: $30,015
Fence
"Other/Remarks"
Income
Gross scheduled income: $98,592
Lot
Size units: Acres
Property
Property subtype: Res Income 2-4 Units, Property type: Residential Income, Zoning: RM-1-1
Roof
"Other/Remarks"
Security Features
"Other/Remarks"
Tenant Pays
"Electricity"
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