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4618 Marlborough Dr -22 San Diego, CA 92116

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For Sale
$2,195,000

Four units in prime rental district near Kensington Village.

Property Features for 4618 Marlborough Dr -22

General Information

Property type
Commercial
Standard status
Active

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Listing Contact
Joe Carta
Source: Elliman

Listing Agency: Century 21 Horizon Listing Agent: Joe Carta

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Vintage Income Property Near Village

This vintage income property presents a rare investment opportunity in a prime area, situated steps from 'The Village' in Kensington, recognized as one of the metro area's best rental districts. The property comprises four units: one home featuring two bedrooms and one bathroom with a rent of $3,080, one cottage with one bedroom and one bathroom renting for $2,495 a month, and a duplex with two units, each offering one bedroom and one bathroom, both renting for $1,645. The property includes two parking spaces located off the alley. A common area laundry room is available, providing an additional income stream. The five-block downtown Kensington district features trendy shops and over a dozen restaurants, along with a public library and children's park. Other businesses in the vicinity include a Chase Bank, Starbucks, several salons, a gym, a deli, an organic grocer, an ice cream parlor, and a yoga studio.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
San Diego
County
San Diego
State
California
Longitude
-117.123
Latitude
32.7651

FAQs

What type of property is this?
Apartment building - Four units in prime rental district near Kensington Village.
Where is this apartment building located?
The property is located at 4618 Marlborough Dr -22 San Diego, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: - Prime investment property in the highly desirable Kensington rental district.; - Four income-generating units: a home, a cottage, and a duplex.; - Strong rental income: $3,080 + $2,495 + $1,645 + $1,645 per month.
More about this property
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