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3860 Wilson Ave

San Diego CA 92104

5
4
Multi-Family
Currently for sale - view listing

Overview

3860–64 Wilson Ave is a well-positioned three-unit multifamily property located in San Diego’s desirable 92104 submarket near North Park. Built in 1955, the property offers approximately 1,856 rentable square feet on an oversized 7,224 square foot lot and features an attractive unit mix consisting of one 1Br/1Ba, one 2Br/1Ba, and one 2Br/2Ba unit. Each unit offers in-unit washer & dryer and private yards. Offered at $1,295,000 ($431,667 per unit; $697.74 per SF), the asset provides investors with immediate in-place income, generating approximately $61,684 of NOI and a 4.76% going-in cap rate, with additional upside to approximately $65,234 of NOI and a 5.04% cap rate at estimated market rents.

Features

5 bedrooms
4 bathrooms
Multi-Family

Property history for 3860 Wilson Ave

2017
Sold
$1,012,000
10 Jul 2017 by RJ Leal

Happy sellers in San Diego

92%
92% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in San Diego over the last 12 months.

Local market activity for 5 bedroom multi families in San Diego

In the last 12 months, 8 five-bedroom multi families similar to 3860 Wilson Ave, have been sold.

This represents a 60% decrease in five-bedroom multi families sales when compared to the previous 12 months.

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