4030-4034 Randolph
Sold

4030-4034 Randolph

4030-4034 Randolph, Mission Hills, CA 92103

$1,800,000
Prime Investment Opportunity is thriving Mission Hills with Mills Act tax benefits to begin in 2019. Built in value add for new owner with ability to increase rents in 2019.Over $300,000 in restoration and renovations over the past 12 months completed by Jonathan Segal, renowned local architect. Current cap = 4.12% • With Mills Act Prop Tax Savings Cap = 4.42% • Rental Increase Cap = 4.78% • subject property is considered a 4 unit Multi-Family and an additional garage conversion studio rented at $1220

5
beds

5
baths

2,320 Sq.Ft. LIVING AREA

Jeannine Savory

Jeannine Savory

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms5
  • full bathrooms5
  • Laundry room Unit 1 Hookups
  • APPLIANCES Gas Water Heater, Range/Oven, Refrigerator, Dryer, Washer

Area & Lot

  • Status Sold
  • Living Area2,320 Sq.Ft.
  • MLS ID180060019
  • TypeMULTI_FAMILY
  • YEAR BUILT1927
  • View DescriptionParklike
  • School DistrictSan Diego Unified School District

Exterior

  • STORIES1
  • water SourceMeter on Property
  • utilitiesSewer Connected
  • PoolNone
  • roofRolled/Hot Mop
  • lot featuresSidewalks, Other/Remarks
  • parkingGarage(N/K), Non-Garage(None Known)
  • HEAT TYPEElectric, Wall/Gravity
  • AIR CONDITIONINGWall/Window Unit(s)
  • SubstructureStucco
  • HOA AmenitiesTennis Court(s), Biking/Hiking Trails, Recreation Area, Other/Remarks
  • security FeaturesN/K
  • other exterior FeaturesPatio

Financial

  • Sales Price$1,800,000
  • Zoning RS 1-7

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