1524 Missouri St.

    San Diego, CA 92109
    • $2,499,000
    • STATUS: ACTIVE
    • ON SITE: 5 days
    • ID#: 200007468
    New On Site 5 Days Ago
    UPDATED: 172 min ago
    $2,499,000
    • 11
      BEDS
    • 0.14
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Just a short walk or bike ride to the ocean or the bay. Easy to rent one and two bedroom units. Two double garages and five off-street parking spaces are a permanent benefit which is highly sought after by residents. The building was re-roofed in 2014 with Spray Polyurethane Foam. The laundry room was remodeled in 2019 including new water heater, circulation pump, flooring and plumbing. The exterior is scheduled to be painted prior to close of escrow. This asset is nearby to beaches, shopping, restaurants, nightlife and everything else that makes Pacific Beach so desirable.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/103228060

    1524 Missouri St. San Diego, CA 92109

    • Price: $2,499,000
    • Status: ACTIVE
    • Updated: 172 min ago
    • ID#: 200007468
    11
    Beds
    9
    Baths
    0
    ½ Baths
    0.14
    Acres
    Neighborhood:
    Pacific Beach (92109)
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    Just a short walk or bike ride to the ocean or the bay. Easy to rent one and two bedroom units. Two double garages and five off-street parking spaces are a permanent benefit which is highly sought after by residents. The building was re-roofed in 2014 with Spray Polyurethane Foam. The laundry room was remodeled in 2019 including new water heater, circulation pump, flooring and plumbing. The exterior is scheduled to be painted prior to close of escrow. This asset is nearby to beaches, shopping, restaurants, nightlife and everything else that makes Pacific Beach so desirable.
    Exterior Features

    Carports 0 Construction FrameStucco Parking GaragesSpaces Parking Spaces Total 9 Roof Composition Units With Garages 4

    Interior Features

    Cooling None Floor Coverings TileVinylWall To Wall Carpet Heating Wall Laundry Owned Sq Ft Of Improvement 5330 Stories 2 Story Units With Ranges 8 Units With Refrigerators 8

    Property Features

    Actual Cap Rate 3.3 Actual Cash Flow 14366 Actual Gardener Expense 1026 Actual Gas And Electric 1676 Actual Gross Operating Income 135533 Actual Gross Scheduled Income 141180 Actual Maintenance Expense 4600 Actual Operating Expense 52152 Actual Other Expense 800 Actual Prop Management 6964 Actual Taxes Expense 29238 Actual Total Expense 52152 Actual Total Pi Pay 69015 Actual Trash Expense 1763 Actual Vacancy And Credit Loss 5647 Actual Water Sewer Expense 3685 Assumable Finance 0 Buildings 1 Financial Information Source Owner Gross Equity 1232007 Gross Multiplier 17.7 Have 8 Units To Sell Leased Apartments 8 Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 11590 Motive Want Cash Out Other Income Actual 2100 Other Income Amount 175 Other Income Source LauGar Projected Annual Pi Expense 69015 Projected Cap Rate 3.7 Projected Cash Flow 23803 Projected Fl Ins Expense 2400 Projected Fl Ins Expense1 2400 Projected Gardener Expense 1026 Projected Gas And Electric 1676 Projected Gross Multiplier 16.5 Projected Gross Operating Inc 144971 Projected Gross Scheduled Inc 151011 Projected Maintenance Expense 4600 Projected Net Income 92818 Projected Operating Expense 52152 Projected Other Expense 800 Projected Other Income 2100 Projected Property Mgmt Expense 6964 Projected Taxes Expense 29238 Projected Total Expense 52152 Projected Trash Expense 1763 Projected Vacancy And Credit Loss 6040 Projected Water And Sewer Expense 3685 Short Sale No Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Gas Y Terms CashCash To New Loan Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Number8 1 Unit Rent Total1 2350 Unit Rent Total2 1750 Unit Rent Total3 1425 Unit Rent Total4 1470 Unit Rent Total5 1250 Unit Rent Total6 1200 Unit Rent Total7 1095 Unit Rent Total8 1050 Unit Rent1 2350 Unit Rent2 1750 Unit Rent3 1425 Unit Rent4 1470 Unit Rent5 1250 Unit Rent6 1200 Unit Rent7 1095 Unit Rent8 1050 Unit Type Apartment

    Listing provided courtesy of Apartment Consultants, Inc.. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130