3525 Bayside Lane

    San Diego, CA 92109
    • $2,595,000
    • STATUS: ACTIVE
    • ON SITE: 66 days
    • ID#: 180039325
    UPDATED: 40 min ago
    $2,595,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    A fabulous Bay Front investment opportunity. This Tri-Plex has Pano Bay Views, one of the largest patios on the Bayfront, scenic balcony and wide 3 car garage. Remodeled in 2017 includes large Jacuzzi, high end built in BBQ with gas line, gas fire pit, LED lighting, & Security Camera's. Most Bathrooms redone & flooring upgraded. New common area Washer/Dryer, New water heater. Beautiful wood carved entry doors. Great long term rental investment and/or live in one unit and rent the others. See supplement. Owner states they spent over $100,000 on recent remodel. Most all bathrooms were remodeled with new vanities, new mirrors, and new faucet/fixtures. Fresh paint and flooring was replaced and upgraded in select units. Front Patio includes LED Rope lighting that has 15 colors to choose from and 6 exterior Security Camera's all which can be controlled remotely from smart phone. Public Records show 2,519 sq. ft. for 3 units. We are told by Title Co./ City of San Diego that FAR is 1.1, so with a lot size of 2,772 there is possibility to build, or add up to, approx. 3,000 sq. ft. total.

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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/85722703

    3525 Bayside Lane San Diego, CA 92109

    • Price: $2,595,000
    • Status: ACTIVE
    • Updated: 40 min ago
    • ID#: 180039325
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1962
    Built
    Neighborhood:
    Mission Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    A fabulous Bay Front investment opportunity. This Tri-Plex has Pano Bay Views, one of the largest patios on the Bayfront, scenic balcony and wide 3 car garage. Remodeled in 2017 includes large Jacuzzi, high end built in BBQ with gas line, gas fire pit, LED lighting, & Security Camera's. Most Bathrooms redone & flooring upgraded. New common area Washer/Dryer, New water heater. Beautiful wood carved entry doors. Great long term rental investment and/or live in one unit and rent the others. See supplement. Owner states they spent over $100,000 on recent remodel. Most all bathrooms were remodeled with new vanities, new mirrors, and new faucet/fixtures. Fresh paint and flooring was replaced and upgraded in select units. Front Patio includes LED Rope lighting that has 15 colors to choose from and 6 exterior Security Camera's all which can be controlled remotely from smart phone. Public Records show 2,519 sq. ft. for 3 units. We are told by Title Co./ City of San Diego that FAR is 1.1, so with a lot size of 2,772 there is possibility to build, or add up to, approx. 3,000 sq. ft. total.
    Exterior Features

    Exterior Wood/Stucco Fencing Partial Frontage Bay Parking Garage Desc Unit2 Assigned Parking Garage Desc Unit3 Assigned Parking Garage Spaces Unit2 1 Parking Garage Spaces Unit3 2 Roof Other/Remarks Spa Community/CommonYes Topography Level Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 2 Units With Patios 2 View BayEvening LightsPanoramic

    Interior Features

    Bedrooms Unit1 0 Bedrooms Unit2 1 Bedrooms Unit3 3 Cooling Wall/WindowOther/Remarks Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 2 Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment FireplaceRadiantWall/Gravity Heat Source Electric Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Units With Cooling 1 Units With Dishwashers 1 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0 Water Heater Type Tankless

    Property Features

    Actual Cap Rate 2.8 Age Restrictions N/K Annual Expense Actual 33156 Annual Expense Projected 83952 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0 Community Mission Beach Complex Features BbqLaundry FacilitiesSpa/Hot Tub Complex Park Mission Beach Cross Streets El Carmel Place Gross Rent Multiplier Actual 24.6 Gross Rent Multiplier Project 13.3 Gross Scheduled Income Actual 105600 Gross Scheduled Income Project 195050 Home Owners Fees 0 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 111098 Other Fees 0 Other Income Actual 0 Projected Cap Rate 4.3 Projected Other Income 0 Sales Restrictions N/K Security Eqpt OwnedOther/Remarks Short Sale No Tenant Pays Cable TvElectricityGas/Propane Terms CashConventional Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit1 Deposit 1800 Unit1 Occupied Tenant Unit1 Rent Actual 2050 Unit2 Deposit 2450 Unit2 Occupied Tenant Unit2 Rent Actual 2750 Unit3 Deposit 3500 Unit3 Occupied Tenant Unit3 Rent Actual 4000 Water AvailableMeter On Property

    Listing provided courtesy of Pacific Sotheby's Int'l Realty. 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.
     
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    San Diego CA, 92130