4158-4164 1/2 32nd St.

    San Diego, CA 92104
    • $3,250,000
    • STATUS: ACTIVE
    • ON SITE: 89 days
    • ID#: 180034553
    $3,250,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Interior units are modern, clean and bright. Fifty thousand dollars of standard enhancements can boost rents even more. This asset is WEST of I-805, indisputably in North Park. The low traffic street and high walkability give this property special appeal. No buildings on the east side of 32nd St. means more street parking for tenants. Sophisticated investors recognize that sensibly priced North Park assets go under contract quickly. Don't let this opportunity get away!

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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/84993033

    4158-4164 1/2 32nd St. San Diego, CA 92104

    • Price: $3,250,000
    • Status: ACTIVE
    • ID#: 180034553
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    North Park (92104)
    County:
    San Diego
    Area:
    North Park (92104)
    Property Description
    Interior units are modern, clean and bright. Fifty thousand dollars of standard enhancements can boost rents even more. This asset is WEST of I-805, indisputably in North Park. The low traffic street and high walkability give this property special appeal. No buildings on the east side of 32nd St. means more street parking for tenants. Sophisticated investors recognize that sensibly priced North Park assets go under contract quickly. Don't let this opportunity get away!
    Exterior Features

    Carports 0 Construction Stucco Exterior Fully LandscapedMetal Fence Parking Spaces Parking Spaces Total 5 Roof Composition Units With Garages 0

    Interior Features

    Baths Unit1 1 Baths Unit2 1 Baths Unit3 1 Baths Unit4 1 Baths Unit5 1 Baths Unit6 1 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 1 Bedrooms Unit5 1 Bedrooms Unit6 1 Cooling None Heating Wall Laundry Owned Sq Ft Of Improvement 6264 Stories 2 Story Units With Drapes 10 Units With Ranges 10 Units With Refrigerators 10

    Property Features

    Actual Cap Rate 3.74 Actual Cash Flow 20858 Actual Gas And Electric 2799 Actual Gross Operating Income 185014 Actual Gross Scheduled Income 188880 Actual Maintenance Expense 3843 Actual Operating Expense 63376 Actual Prop Management 11782 Actual Taxes Expense 38025 Actual Total Expense 63376 Actual Total Pi Pay 100780 Actual Vacancy And Credit Loss 5666 Actual Water Sewer Expense 4199 Assumable Finance 0 Buildings 1 Financial Information Source Owner Flood Zone Hazard Unknown Geological Hazard Zone Hazard Unknown Gross Equity 3194220 Gross Multiplier 17.0 Have 10 Units Leased Apartments 10 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 15740 Motive Want Cash Out Other Income Actual 1800 Other Income Amount 150 Other Income Source Lau Projected Annual Pi Expense 100780 Projected Cap Rate 4.8 Projected Cash Flow 55241 Projected Fl Ins Expense 2728 Projected Fl Ins Expense1 2728 Projected Gas And Electric 2799 Projected Gross Multiplier 14.4 Projected Gross Operating Inc 219397 Projected Gross Scheduled Inc 224316 Projected Maintenance Expense 3843 Projected Net Income 156021 Projected Operating Expense 63376 Projected Other Income 1800 Projected Property Mgmt Expense 11782 Projected Taxes Expense 38025 Projected Total Expense 63376 Projected Vacancy And Credit Loss 6719 Projected Water And Sewer Expense 4199 Short Sale No Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Terms CashCash To New Loan Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 3 Unit Number5 3 Unit Number6 1 Unit Rent Total1 1750 Unit Rent Total2 1725 Unit Rent Total3 1695 Unit Rent Total4 4575 Unit Rent Total5 4500 Unit Rent Total6 1495 Unit Rent1 1750 Unit Rent2 1725 Unit Rent3 1695 Unit Rent4 1525 Unit Rent5 1500 Unit Rent6 1495 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