Sold

4030-4034 Randolph

4030-4034 Randolph, San Diego, 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

0.083 Acres lot

Jeannine Savory

Jeannine Savory

TITLE

Team Lead

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms5
  • full bathrooms5

Area & Lot

  • Status Sold
  • Lot Area0.083 Acres
  • MLS ID180060019
  • TypeCOMMERCIAL
  • YEAR BUILT1927
  • Water FrontageOther/Remarks
  • View DescriptionParklike
  • Elementary SchoolSan Diego Unified School District
  • Middle SchoolSan Diego Unified School District
  • High SchoolSan Diego Unified School District

Exterior

  • STORIES1
  • Pool/
  • roofRolled/Hot Mop
  • lot featuresSlope Gentle
  • HEAT TYPEWall Gravity
  • AIR CONDITIONINGWall/Window
  • sewerSewer Connected
  • security Features/

Financial

  • Sales Price$1,800,000

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