3989-91 Haines Street

    San Diego, CA 92109
    • $2,399,000
    • STATUS: ACTIVE
    • ON SITE: 146 days
    • ID#: 180021389
    UPDATED: 46 min ago
    $2,399,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Nine residential units in the beautiful community of Crown Point in Pacific Beach, San Diego. The investment opportunity offers an in-demand location with an attractive upside potential. The subject property consists of eight studio units approximately 300 square feet in size and one three bedroom one bath house approximately 950 square feet in size. Each studio has a designated kitchen and bathroom space as well as surface parking in front of the building and current rents include all utilities. The house features a manicured front lawn and an attached laundry room. The subject property is within walking distance to Sail Bay, Mission Bay, all of Crown point and the beach. With a location only 2 blocks to Sail Bay, the property gives tenants a desirable place to live with close proximity to several water activities. In addition, the shopping, restaurants, and nightlife of Grand and Garnet Avenues are less than a mile from the subject.

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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/82909980

    3989-91 Haines Street San Diego, CA 92109

    • Price: $2,399,000
    • Status: ACTIVE
    • Updated: 46 min ago
    • ID#: 180021389
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    Neighborhood:
    Pacific Beach (92109)
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    Nine residential units in the beautiful community of Crown Point in Pacific Beach, San Diego. The investment opportunity offers an in-demand location with an attractive upside potential. The subject property consists of eight studio units approximately 300 square feet in size and one three bedroom one bath house approximately 950 square feet in size. Each studio has a designated kitchen and bathroom space as well as surface parking in front of the building and current rents include all utilities. The house features a manicured front lawn and an attached laundry room. The subject property is within walking distance to Sail Bay, Mission Bay, all of Crown point and the beach. With a location only 2 blocks to Sail Bay, the property gives tenants a desirable place to live with close proximity to several water activities. In addition, the shopping, restaurants, and nightlife of Grand and Garnet Avenues are less than a mile from the subject.
    Exterior Features

    Parking Spaces Parking Spaces Total 7 Units With Garages 0

    Interior Features

    Baths Unit1 1 Baths Unit2 1 Baths Unit3 1 Baths Unit4 1 Baths Unit5 1 Baths Unit6 1 Baths Unit7 1 Baths Unit8 1 Bedrooms Unit1 0 Bedrooms Unit2 0 Bedrooms Unit3 0 Bedrooms Unit4 0 Bedrooms Unit5 0 Bedrooms Unit6 0 Bedrooms Unit7 0 Bedrooms Unit8 3 Floor Coverings Wall To Wall Carpet Laundry Owned Sq Ft Of Improvement 3342 Stories 1 Story2 Story Unit Furnished1 0 Unit Furnished2 0 Unit Furnished3 0 Unit Furnished4 0 Unit Furnished5 0 Unit Furnished6 0 Unit Furnished7 0 Unit Furnished8 0 Units With Dishwashers 0 Units With Disposals 0 Units With Drapes 0 Units With Ranges 9 Units With Refrigerators 9

    Property Features

    Actual Gardener Expense $1000 Actual Gas And Electric $6000 Actual Gross Operating Income 120649 Actual Gross Scheduled Income 124380 Actual License Expense 0 Actual Maintenance Expense $1000 Actual Mgr Expense 0 Actual Operating Expense 41369 Actual Pest Control Expense 0 Actual Prop Management 0 Actual Supplies Expense 0 Actual Taxes Expense $9654 Actual Total Expense $24134 Actual Trash Expense $1000 Actual Vacancy And Credit Loss 0 Actual Water Sewer Expense $3600 Assumable Finance 0 Buildings 2 Financial Information Source Owner Gross Equity 2650000 Gross Multiplier 14.92 Have Units Leased Apartments 9 Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 13400 Motive Want Cash Out Other Income Actual 0 Projected Cap Rate 4.78 Projected Fl Ins Expense $1880 Projected Fl Ins Expense1 $1880 Projected Gardener Expense $1000 Projected Gas And Electric $6000 Projected Gross Operating Inc $155976 Projected Gross Scheduled Inc $160800 Projected License Expense 0 Projected Maintenance Expense $8040 Projected Manager Expense 0 Projected Net Income $114607 Projected Operating Expense 41369 Projected Other Expense 0 Projected Other Income 0 Projected Pest Expense 0 Projected Property Mgmt Expense 0 Projected Supplies Expense 0 Projected Taxes Expense $29150 Projected Total Expense $50670 Projected Trash Expense $1000 Projected Water And Sewer Expense $3600 Sq Ft Source Owner Unit Number1 1 Unit Number2 1 Unit Number3 2 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Number8 1 Unit Rent Total1 1000 Unit Rent Total2 840 Unit Rent Total3 1840 Unit Rent Total4 925 Unit Rent Total5 950 Unit Rent Total6 975 Unit Rent Total7 985 Unit Rent Total8 2700 Unit Rent1 1000 Unit Rent2 840 Unit Rent3 920 Unit Rent4 925 Unit Rent5 950 Unit Rent6 975 Unit Rent7 985 Unit Rent8 2700 Unit Type Apartment

    Listing provided courtesy of Apartment Consultants, 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.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130