4364 50th St

    San Diego, CA 92115
    • $2,300,000
    • STATUS: ACTIVE
    • ON SITE: 125 days
    • ID#: 180027248
    UPDATED: 38 min ago
    $2,300,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    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.
    www.triolorealty.com/homes/83818177

    4364 50th St San Diego, CA 92115

    • Price: $2,300,000
    • Status: ACTIVE
    • Updated: 38 min ago
    • ID#: 180027248
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    San Diego (92115)
    County:
    San Diego
    Area:
    San Diego (92115)
    Property Description
    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

    Baths Unit1 1 Baths Unit2 1 Baths Unit3 1 Baths Unit4 1 Baths Unit5 1 Baths Unit6 1 Baths Unit7 1 Baths Unit8 1 Baths Unit9 1 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 1 Bedrooms Unit4 1 Bedrooms Unit5 1 Bedrooms Unit6 1 Bedrooms Unit7 1 Bedrooms Unit8 1 Bedrooms Unit9 1 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 Gross Scheduled Income 107400 Actual Operating Expense 88750 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 18 Have 9 Units Leased Apartments 9 Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Projected Cap Rate 6.4 Projected Gross Scheduled Inc 164400 Projected Net Income 146722 Projected Operating Expense 17678 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 1100 Unit Rent Total3 950 Unit Rent Total4 900 Unit Rent Total5 950 Unit Rent Total6 900 Unit Rent Total7 900 Unit Rent Total8 950 Unit Rent Total9 900 Unit Rent1 1400 Unit Rent2 1100 Unit Rent3 1100 Unit Rent4 1100 Unit Rent5 1100 Unit Rent6 1100 Unit Rent7 1100 Unit Rent8 1100 Unit Rent9 1100 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.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130