3071 Hawthorn Street

    San Diego, CA 92104
    • $1,425,000
    • STATUS: ACTIVE
    • ON SITE: 68 days
    • ID#: 180051130
    UPDATED: 27 min ago
    $1,425,000
    • 5
      BEDS
    • 0.15
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,200
      SQFT
    • $648
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Ratings & Info

    Description

    AMAZING location in the heart of SOUTH PARK!! Walkable to everything!! HUGE upside in rent potential. Owner has not raised rents in years! This is officially a 4 unit building qualifying for residential financing but has a 5th bonus 1 bedroom 1 bath unit. Three separate structures with Four of the units have private yards make this extremely attractive to tenants. *Do not walk on property or disturb tenants*

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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. Licensed in the state of California.
    www.triolorealty.com/homes/87422842

    3071 Hawthorn Street San Diego, CA 92104

    • Price: $1,425,000
    • Status: ACTIVE
    • Updated: 27 min ago
    • ID#: 180051130
    5
    Beds
    4
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,200
    SQFT
    $648
    $/SQFT
    1937
    Built
    Neighborhood:
    South Park
    County:
    San Diego
    Area:
    North Park (92104)
    Property Description
    AMAZING location in the heart of SOUTH PARK!! Walkable to everything!! HUGE upside in rent potential. Owner has not raised rents in years! This is officially a 4 unit building qualifying for residential financing but has a 5th bonus 1 bedroom 1 bath unit. Three separate structures with Four of the units have private yards make this extremely attractive to tenants. *Do not walk on property or disturb tenants*
    Exterior Features

    Exterior Wood/Stucco Fencing Full Roof Rolled/Hot Mop Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 5 Units With Washers 0

    Property Features

    Actual Cap Rate 5.15 Age Restrictions N/K Annual Expense Actual 12069 Annual Expense Projected 23138 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0 Community San Diego Complex Park Complex Cross Streets Fern Street Gross Rent Multiplier Actual 19.85 Gross Rent Multiplier Project 14.85 Gross Scheduled Income Actual 69960 Gross Scheduled Income Project 95940 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Net Operating Income Projected 68724 Other Fees 0 Other Income Actual 0 Pets Allowed W/Restrictions Projected Cap Rate 4.91 Projected Other Income 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Cable TvElectricityGas/Propane Terms CashConventionalExchange Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 1495 Unit1 Rent Actual 1050 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 1550 Unit2 Rent Actual 1220 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Projected Rent 1550 Unit3 Rent Actual 1200 Unit4 Deposit 0 Unit4 Occupied Tenant Unit4 Projected Rent 2000 Unit4 Rent Actual 1500

    Listing provided courtesy of Mission Cbi. 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