About 3867 Menlo Avenue
3865-71.5 Menlo Ave possesses 4 units consisting of a detached 2 Bed / 1 Bath House, (3) 1 bed / 1 bath units, community laundry room, and 5 off-street parking spaces. The property produces a strong $107,772 Gross Scheduled Income with a Net Operating income of $79,315 yielding an above market true 5.69% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents.
Features of 3867 Menlo Avenue
| MLS® # | PTP2503727 |
|---|---|
| Price | $1,300,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Acres | 0.13 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 3867 Menlo Avenue |
|---|---|
| Area | EAST SAN DIEGO (92105) |
| Subdivision | City Heights |
| County | San Diego |
| State | CA |
| Zip Code | 92105 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|
Exterior
| Lot Description | Curbs |
|---|
Additional Information
| Date Listed | April 15th, 2025 |
|---|---|
| Days on Market | 126 |
| Zoning | Estimated |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Commercial Asset Advisors |
|---|