4364 50th St

    San Diego, CA 92115
    • $1,800,000
    • STATUS: ACTIVE
    • ON SITE: 180 days
    • ID#: 180027248
    $1,800,000
    • 11
      BEDS
    • 0.15
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    REDUCED TO SELL! Highly sought after area, located very close to San Diego State University (SDSU). Minutes from Mission Valley, Downtown and more. There is always going to be a need for small rental properties. Close to redevelopment area. Long list of tenants waiting to rent this property. Very reliable tenants, long time tenants. This 9-Unit property has excellent appeal from the street and units have been remodeled throughout with laminate flooring and new kitchens and appliances, granite counter tops, new dual pane windows. Ample parking with parking in front of the building and in the rear with alley access. This is a investors dream property,100% occupancy This 9 unit building consists of a 2 bedroom 1 bath unit, a 1 bedroom + den and 1 bath unit and seven 1 bedroom 1 bath units. If you are looking for a remodeled multi-unit property this is the one for you!!!

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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/83818177

    4364 50th St San Diego, CA 92115

    • Price: $1,800,000
    • Status: ACTIVE
    • ID#: 180027248
    11
    Beds
    9
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    San Diego (92115)
    County:
    San Diego
    Area:
    San Diego (92115)
    Property Description
    REDUCED TO SELL! Highly sought after area, located very close to San Diego State University (SDSU). Minutes from Mission Valley, Downtown and more. There is always going to be a need for small rental properties. Close to redevelopment area. Long list of tenants waiting to rent this property. Very reliable tenants, long time tenants. This 9-Unit property has excellent appeal from the street and units have been remodeled throughout with laminate flooring and new kitchens and appliances, granite counter tops, new dual pane windows. Ample parking with parking in front of the building and in the rear with alley access. This is a investors dream property,100% occupancy This 9 unit building consists of a 2 bedroom 1 bath unit, a 1 bedroom + den and 1 bath unit and seven 1 bedroom 1 bath units. If you are looking for a remodeled multi-unit property this is the one for you!!!
    Exterior Features

    Carports 4 Parking Spaces Total 13

    Interior Features

    Sq Ft Of Improvement 0 Unit Furnished1 N Unit Furnished2 N Unit Furnished3 N Unit Furnished4 N Unit Furnished5 N Unit Furnished6 N Unit Furnished7 N Unit Furnished8 N Unit Furnished9 N Units With Dishwashers 0 Units With Disposals 9 Units With Drapes 0 Units With Ranges 9 Units With Refrigerators 9

    Property Features

    Actual Cap Rate 4.75 Actual Gross Scheduled Income 114000 Actual Operating Expense 28447 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 15.79 Have 9 Units Leased Apartments 9 Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Projected Cap Rate 6.4 Short Sale No Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 1 Unit Number2 2 Unit Number3 3 Unit Number4 4 Unit Number5 5 Unit Number6 6 Unit Number7 7 Unit Number8 8 Unit Number9 9 Unit Rent Total1 1400 Unit Rent Total2 1200 Unit Rent Total3 1000 Unit Rent Total4 1000 Unit Rent Total5 1000 Unit Rent Total6 1000 Unit Rent Total7 900 Unit Rent Total8 1000 Unit Rent Total9 1000 Unit Rent1 1400 Unit Rent2 1200 Unit Rent3 1000 Unit Rent4 1000 Unit Rent5 1000 Unit Rent6 1000 Unit Rent7 1100 Unit Rent8 1000 Unit Rent9 1000 Zoning R-4:Multip

    Listing provided courtesy of Coldwell Banker Royal 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. Licensed in the state of California.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130