2104 Bacon Street

    San Diego, CA 92107
    • $3,150,000
    • STATUS: PENDING
    • ON SITE: 25 days
    • ID#: 180047983
    Pending
    UPDATED: 42 min ago
    $3,150,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    We are pleased to present 2104-10 Bacon Street, a rare apartment investment in one San Diego's most gentrifying beach communities. The property consists of two buildings resting on a 7,813 square foot lot two blocks from the ocean. The complex is composed of ten, 325 square foot studio / 1-bath apartments and one 1,100 square foot 3-bedroom / 2-bath unit with a double garage and 8 off-street parking spots. The exterior and courtyard of the property have been newly redesigned with a contemporary spanish style, featuring wood accents, stucco exterior and outdoor tile walkways. Substantial upgrades have been made to the property including solar panels, a security camera system with dvr, a bike rack, flood pumps and drainage system, flood gates, courtyard WIFI, fencing, tile work, grilling area, railings, laundry and interior renovations to select units. All units have been well maintained and feature wood cabinets and tile flooring.

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    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 © 2018 San Diego MLS, Inc.
    www.triolorealty.com/homes/86928130

    2104 Bacon Street San Diego, CA 92107

    • Price: $3,150,000
    • Status: PENDING
    • Updated: 42 min ago
    • ID#: 180047983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    Neighborhood:
    Ocean Beach (92107)
    County:
    San Diego
    Area:
    Ocean Beach (92107)
    Property Description
    We are pleased to present 2104-10 Bacon Street, a rare apartment investment in one San Diego's most gentrifying beach communities. The property consists of two buildings resting on a 7,813 square foot lot two blocks from the ocean. The complex is composed of ten, 325 square foot studio / 1-bath apartments and one 1,100 square foot 3-bedroom / 2-bath unit with a double garage and 8 off-street parking spots. The exterior and courtyard of the property have been newly redesigned with a contemporary spanish style, featuring wood accents, stucco exterior and outdoor tile walkways. Substantial upgrades have been made to the property including solar panels, a security camera system with dvr, a bike rack, flood pumps and drainage system, flood gates, courtyard WIFI, fencing, tile work, grilling area, railings, laundry and interior renovations to select units. All units have been well maintained and feature wood cabinets and tile flooring.
    Exterior Features

    Carports 0 Construction FrameStucco Exterior Fully Landscaped Parking GaragesSpaces Parking Spaces Total 10 Units With Garages 1

    Interior Features

    Baths Unit1 1 Baths Unit2 2 Bedrooms Unit1 0 Bedrooms Unit2 3 Cooling Wall/Window Floor Coverings Hardwood Heating Wall Laundry Owned Sq Ft Of Improvement 4350 Stories 2 Story

    Property Features

    Actual Cap Rate 3.85 Actual Gross Operating Income 188099 Actual Gross Scheduled Income 190020 Actual Operating Expense 66907 Actual Vacancy And Credit Loss 5701 Assumable Finance 0 Buildings 2 Gross Equity 0 Gross Multiplier 16.58 Have 11 Unit Complex Leased Apartments 11 Mandatory Remarks None Known Market Area Coastal South Motive Want Cash Out Other Income Actual LaundryPet Rent Sq Ft Source Tax Record Unit Number1 10 Unit Number2 1 Unit Rent Total1 12940 Unit Rent Total2 2895 Unit Rent1 1180-1395 Unit Rent2 2895 Unit Type Apartment

    Listing provided courtesy of Marcus & Millichap. Listing information © 2018 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 © 2018 San Diego MLS, Inc.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130