4440 32nd Street

    San Diego, CA 92116
    • $2,395,000
    • STATUS: ACTIVE
    • ON SITE: 87 days
    • ID#: 180034730
    $2,395,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    **PRICE REDUCED** BY $100k, UNDER $300k PER UNIT for a fully rehabbed turnkey property, best value upgraded units available. 4% FIXED RATE assumable loan for 7 more years available(for a qualified borrower). 8 units in the hot Normal Heights market, built in 1971, 5,244 sqft (buyer to verify), 11,197 sqft lot. Consists of spacious 2 - 2bd/2bths, 4 - 1bd/1bths, & 2 - studios. Some interior upgrades include wood-like floors, custom tiled showers, quartz counter tops, stainless steel appliances, and white shaker cabinets. Other attributes include private yard/patios for the first floor units, reserved parking for tenants, and a coin laundry room. UPSIDE in rents, room to increase income. Call listing agent for more details.

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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/85025099

    4440 32nd Street San Diego, CA 92116

    • Price: $2,395,000
    • Status: ACTIVE
    • ID#: 180034730
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    Neighborhood:
    Normal Heights (92116)
    County:
    San Diego
    Area:
    Normal Heights (92116)
    Property Description
    **PRICE REDUCED** BY $100k, UNDER $300k PER UNIT for a fully rehabbed turnkey property, best value upgraded units available. 4% FIXED RATE assumable loan for 7 more years available(for a qualified borrower). 8 units in the hot Normal Heights market, built in 1971, 5,244 sqft (buyer to verify), 11,197 sqft lot. Consists of spacious 2 - 2bd/2bths, 4 - 1bd/1bths, & 2 - studios. Some interior upgrades include wood-like floors, custom tiled showers, quartz counter tops, stainless steel appliances, and white shaker cabinets. Other attributes include private yard/patios for the first floor units, reserved parking for tenants, and a coin laundry room. UPSIDE in rents, room to increase income. Call listing agent for more details.
    Exterior Features

    Parking Spaces Total 15

    Interior Features

    Baths Unit1 1 Baths Unit2 1 Baths Unit3 2 Bedrooms Unit1 0 Bedrooms Unit2 1 Bedrooms Unit3 2 Sq Ft Of Improvement 5244

    Property Features

    1st Loan Assumable 12960 1st Loan Balance 1296000 1st Loan Interest 4 Actual Gross Scheduled Income 0 Actual Operating Expense 0 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 0 Have N/A Mandatory Remarks None Known Market Area Metro Uptown Motive Want Cash Out Projected Cap Rate 4.85 Projected Gross Multiplier 14.49 Projected Gross Operating Inc 161891 Projected Gross Scheduled Inc 165240 Projected Net Income 116276 Projected Other Income 1608 Projected Total Expense 45615 Projected Vacancy And Credit Loss 4957 Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 2 Unit Number2 4 Unit Number3 2 Unit Rent1 1395 Unit Rent2 1675 Unit Rent3 2250 Unit Type Other/Remarks

    Listing provided courtesy of Marcus & Millichap. 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