2901 Columbia, Mission Hills, CA 92103
- $3,695,000
- List Price
- $3,695,000
- Price Change
- ▼ $80,000 1783205047
- Status
- ACTIVE
- MLS#
- 260009706SD
- Lot Size
- 12,681
- Acres
- 0.29
- Days on Market
- 98
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Discover a compelling value-add investment opportunity -- 11-unit residential Investment. Property perfectly positioned in the heart of Middletown, one of Metro San Diego's most sought-after and consistently resilient neighborhoods. This is your chance to acquire a property in a sub-market that continues to attract strong renter demand and long-term appreciation potential. RM-2-5 zoned corner lot offers significant upside potential for investors looking to increase current rents and through unit upgrades or explore future development possibilities. The property is well-maintained and functionally sound, providing stable in-place income while an investor executes their value-add strategy. Key features include a desirable unit mix with many units enjoying pleasant views, mature landscaping, abundant off-street tenant parking, triple-pane windows, a pitch composition roof, a carport with attached storage, and common laundry facilities — all set on an elevated lot that enhances privacy and street presence. Large Lot! UNIT MIX -- One Large (3) Bedroom/2 bath, 3 (2) bedroom/1 bath and 6 (1) Bedrooms/One Bath and One Studio-See Brochure
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Additional Information
- Heat
- Radiant, Wall Furnace
- Exterior Construction
- Stucco
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 11
- Gross Scheduled Income
- $253,743
- Operating Expense
- 92979
Listing courtesy of Listing Agent: Judy Preston (judy@prestonccim.com) from Listing Office: JP Equity Real Estate Corp..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.