4068 44th Street

    San Diego, CA 92105
    • $3,500,000
    • STATUS: ACTIVE
    • ON SITE: 174 days
    • ID#: 180049085
    UPDATED: 57 min ago
    $3,500,000
    • 8
      BEDS
    • 0.14
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    East San Diego (92105)
    Type:
    Multi-Family
    County:
    San Diego
    Area:
    East San Diego (92105)

    School Ratings & Info

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    Description

    4068 44th Street is a beautiful garden style apartment building that has excellent curb appeal. Located in one of San Diego's best rental markets, it offers an Investor the opportunity to own a building that should require low maintenance while at the same time being able to have the comfort of stable rental income. Its location is very attractive to the rental community with many available local amenities such as the new City Heights Urban Village, many schools, public libraries, and parks.

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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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/87117226

    4068 44th Street San Diego, CA 92105

    • Price: $3,500,000
    • Status: ACTIVE
    • Updated: 57 min ago
    • ID#: 180049085
    8
    Beds
    9
    Baths
    0
    ½ Baths
    0.14
    Acres
    Neighborhood:
    East San Diego (92105)
    County:
    San Diego
    Area:
    East San Diego (92105)
    Property Description
    4068 44th Street is a beautiful garden style apartment building that has excellent curb appeal. Located in one of San Diego's best rental markets, it offers an Investor the opportunity to own a building that should require low maintenance while at the same time being able to have the comfort of stable rental income. Its location is very attractive to the rental community with many available local amenities such as the new City Heights Urban Village, many schools, public libraries, and parks.
    Exterior Features

    Construction Stucco Exterior Metal FenceWood Fence Parking SpacesOther/Remarks Parking Spaces Total 5 Roof Composition

    Interior Features

    Cooling Other Floor Coverings Other/Remarks Floors Other/Remarks Heating Wall Laundry Leased Sq Ft Of Improvement 0 Stories 2 Story Units With Ranges 14 Units With Refrigerators 14

    Property Features

    Actual Cap Rate 3.08 Actual Gardener Expense 480 Actual Gas And Electric 2106 Actual Gross Scheduled Income 143316 Actual Maintenance Expense 6000 Actual Operating Expense 35455 Actual Pest Control Expense 700 Actual Trash Expense 6193 Assumable Finance 0 Buildings 1 Complex Features Other/Remarks Existing Financing Other/Remarks Financial Information Source Owner Gross Equity 0 Gross Multiplier 24.42 Have 0 Leased Apartments 13 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 11943 Motive Want 0 Other Income Actual 1800 Other Income Amount 150 Per Mo Other Income Source W/D Mach. Projected Cap Rate 5.03 Projected Gross Multiplier 16.55 Projected Gross Scheduled Inc 211500 Projected Net Income 171499 Projected Operating Expense 35455 Projected Other Income 1800 Short Sale No Special Other/Remarks Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Terms CashSubmitOther/Remarks Unit Number1 1 Unit Number2 2 Unit Number3 3 Unit Number4 2 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Number8 1 Unit Number9 1 Unit Rent Total1 850 Unit Rent Total2 1800 Unit Rent Total3 2400 Unit Rent Total4 2148 Unit Rent Total5 775 Unit Rent Total6 1095 Unit Rent Total7 825 Unit Rent Total8 1100 Unit Rent Total9 950 Unit Rent1 850 Unit Rent2 900 Unit Rent3 800 Unit Rent4 1074 Unit Rent5 775 Unit Rent6 1095 Unit Rent7 825 Unit Rent8 1100 Unit Rent9 950 Unit Type Apartment

    Listing provided courtesy of Valle De Oro Financial Service. Listing information © 2019 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 © 2019 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