2313 Lincoln Avenue

    San Diego, CA 92104
    • $2,565,000
    • STATUS: ACTIVE
    • ON SITE: 57 days
    • ID#: 180040620
    UPDATED: 136 min ago
    $2,565,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Located on the corner of Lincoln Avenue and Louisiana Street, this 7,000 square foot lot is home to three individual buildings situated on one parcel. The unit mix consists of five, one-bedroom/one-bath units, and one, two-bedroom/one-bath unit. All one-bedroom units have dual entrances in the front and back, leading directly into charming, private backyards. The attractive Spanish Eclectic architecture is defined by terra-cotta roofing, painted stucco, wrought iron details, exposed beams, and decorative tiles. The Property features very spacious units, with high-end upgrades including hardwood floors, quartz counter-tops, designer paint, crown molding, and stainless steel appliances. Other attributes include five garages, stack-able washer/dryers (in four units), on-site laundry, and private backyards with beautiful landscape and hardscape. Residents benefit from being just a few blocks to the boutiques, restaurants, and nightlife in the heart of North Park along 30th Street and University Avenue.

    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 © 2018 San Diego MLS, Inc.
    www.triolorealty.com/homes/85915025

    2313 Lincoln Avenue San Diego, CA 92104

    • Price: $2,565,000
    • Status: ACTIVE
    • Updated: 136 min ago
    • ID#: 180040620
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    North Park (92104)
    County:
    San Diego
    Area:
    North Park (92104)
    Property Description
    Located on the corner of Lincoln Avenue and Louisiana Street, this 7,000 square foot lot is home to three individual buildings situated on one parcel. The unit mix consists of five, one-bedroom/one-bath units, and one, two-bedroom/one-bath unit. All one-bedroom units have dual entrances in the front and back, leading directly into charming, private backyards. The attractive Spanish Eclectic architecture is defined by terra-cotta roofing, painted stucco, wrought iron details, exposed beams, and decorative tiles. The Property features very spacious units, with high-end upgrades including hardwood floors, quartz counter-tops, designer paint, crown molding, and stainless steel appliances. Other attributes include five garages, stack-able washer/dryers (in four units), on-site laundry, and private backyards with beautiful landscape and hardscape. Residents benefit from being just a few blocks to the boutiques, restaurants, and nightlife in the heart of North Park along 30th Street and University Avenue.
    Exterior Features

    Parking Spaces Total 5 Units With Garages 5

    Interior Features

    Baths Unit1 1 Baths Unit2 1 Baths Unit3 1 Baths Unit4 1 Baths Unit5 1 Baths Unit6 1 Bedrooms Unit1 2 Bedrooms Unit2 1 Bedrooms Unit3 1 Bedrooms Unit4 1 Bedrooms Unit5 1 Bedrooms Unit6 1 Sq Ft Of Improvement 3818

    Property Features

    Actual Cap Rate 4 Actual Gross Operating Income 151005 Actual Gross Scheduled Income 150840 Actual Operating Expense 48319 Actual Vacancy And Credit Loss 4525 Assumable Finance 0 Buildings 3 Gross Equity 0 Gross Multiplier 17.00 Have Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Other Income Actual 4690 Projected Cap Rate 4.35 Projected Gross Multiplier 15.99 Projected Gross Operating Inc 160317 Projected Gross Scheduled Inc 160440 Projected Net Income 111518 Projected Operating Expense 48799 Projected Other Income 4690 Projected Vacancy And Credit Loss 4813 Short Sale No Special None Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Rent Total1 2295 Unit Rent Total2 2145 Unit Rent Total3 2045 Unit Rent Total4 1795 Unit Rent Total5 2295 Unit Rent Total6 1995 Unit Rent1 2295 Unit Rent2 2145 Unit Rent3 2045 Unit Rent4 1795 Unit Rent5 2295 Unit Rent6 1995

    Listing provided courtesy of Cushman & Wakefield Of San Die. 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