2010-2012 Reed Ave

    San Diego, CA 92109
    • $840,000
    • STATUS: SOLD
    • ON SITE: 207 days
    • ID#: 180041122
    Sold - 01/22/2019
    $840,000
    SOLD - 01/22/2019
    • 6
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,558
      SQFT
    • $539
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Duplex in the heart of Pacific Beach. Convenient access to the bay, restaurants, shopping, and the 5 freeway. Both units are 3 bedroom units. Opportunity to increase the income. Front unit has front yard area. Rear unit has parking on the alley. GRM under 20 on current rents and 14.3 on market rents. Value add opportunity.

    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/85990338

    2010-2012 Reed Ave San Diego, CA 92109

    • Price: $899,900
    • Status: SOLD
    • ID#: 180041122
    6
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,558
    SQFT
    $539
    $/SQFT
    1958
    Built
    Neighborhood:
    Pacific Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    Duplex in the heart of Pacific Beach. Convenient access to the bay, restaurants, shopping, and the 5 freeway. Both units are 3 bedroom units. Opportunity to increase the income. Front unit has front yard area. Rear unit has parking on the alley. GRM under 20 on current rents and 14.3 on market rents. Value add opportunity.
    Exterior Features

    Exterior Other/Remarks Fencing N/K Parking Spaces Total Unit1 0 Parking Spaces Total Unit2 0 Parking Spaces Total Unit3 0 Parking Spaces Total Unit4 0 Roof Other/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 0

    Property Features

    Actual Cap Rate 0 Age Restrictions N/K Annual Expense Actual 16985 Annual Expense Projected 16985 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0 Community Pacific Beach Complex Park Na Cross Streets Reed & Morrell Gross Rent Multiplier Actual 19.2 Gross Rent Multiplier Project 14.3 Gross Scheduled Income Actual 46800 Gross Scheduled Income Project 67080 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 48418 Other Fees 0 Other Income Actual 0 Projected Cap Rate 0 Projected Other Income 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays N/K Terms Other/Remarks Unit Number For Unit1 2010 Unit Number For Unit2 2012 Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 2795 Unit1 Rent Actual 2150 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 2795 Unit2 Rent Actual 1750 Water N/K

    Listing provided courtesy of Ray Adams Investment Re Inc. Listing information © 2019 San Diego MLS, Inc.
    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 © 2019 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