Wednesday, February 4, 2015

4354 40th Street

4354 40th Street
San Diego CA 92105

Listed at 1,295,000

Suggested offer price is 
$ 1,175,000

Expected Cap Ex is 80K, Turn over 8 units put in new windows, paint building. Maybe some Slate on the bottom of the exterior.

The Good
Good Location
6 Two bedroom units  & 2 One bedrooms (good unit mix)
Area very close to good Normal Heights location.


Bad:
Very Close to Freeway
Dirt Alley
Smells like cigarette smoke