2810 Union St.

    San Diego, CA 92103
    • $5,400,000
    • STATUS: ACTIVE
    • ON SITE: 114 days
    • ID#: 180040681
    UPDATED: 55 min ago
    $5,400,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    24 studios units located is a desirable residential neighborhood of Mission Hills. Secluded location with canyon views. New windows on order for installation. Near restaurants and city services while offering a quiet location. Low current rental rates. Excellent cash flow potential at market rents. Value add opportunity. High occupancy market.

    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. Licensed in the state of California.
    www.triolorealty.com/homes/85923836

    2810 Union St. San Diego, CA 92103

    • Price: $5,400,000
    • Status: ACTIVE
    • Updated: 55 min ago
    • ID#: 180040681
    0
    Beds
    3
    Baths
    0
    ½ Baths
    0.57
    Acres
    Neighborhood:
    Mission Hills (92103)
    County:
    San Diego
    Area:
    Mission Hills (92103)
    Property Description
    24 studios units located is a desirable residential neighborhood of Mission Hills. Secluded location with canyon views. New windows on order for installation. Near restaurants and city services while offering a quiet location. Low current rental rates. Excellent cash flow potential at market rents. Value add opportunity. High occupancy market.
    Interior Features

    Sq Ft Of Improvement 0 Unit Furnished1 U Unit Furnished2 U Unit Furnished3 U

    Property Features

    Actual Cap Rate 3.2 Actual Gross Scheduled Income 333600 Actual Operating Expense 149556 Assumable Finance 2300000 Buildings 1 Gross Equity 3100000 Gross Multiplier 16.2 Have 24 Studios Mission Hills Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sale Present Loan 2300000 Projected Cap Rate 4.4 Projected Gross Multiplier 13.7 Projected Gross Scheduled Inc 418560 Projected Net Income 253151 Special None Tenant Pays Electric Y Unit Number1 2 Unit Number2 15 Unit Number3 7 Unit Rent1 1075 Unit Rent2 1150 Unit Rent3 1200 Zoning Rs-1-2

    Listing provided courtesy of Ray Adams Investment Re Inc. 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. Licensed in the state of California.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130