4455 50th

    San Diego, CA 92115
    • $2,250,000
    • STATUS: ACTIVE
    • ON SITE: 100 days
    • ID#: 180031818
    UPDATED: 22 min ago
    $2,250,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    4455 50th Street apartments is a newly renovated 8-unit multifamily property located within the Talmadge neighborhood of San Diego. Renovated turnkey property. Custom interiors with exquisite fixtures and finishes. Excellent unit mix of 5 two bedroom units & 3 one bedroom units. Privately owned laundry facility. Secured building.High rental demand area Convenient access to major freeways and employment centers. Walk score of 80. Call agent for a full offering memorandum.

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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/84568883

    4455 50th San Diego, CA 92115

    • Price: $2,250,000
    • Status: ACTIVE
    • Updated: 22 min ago
    • ID#: 180031818
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    Neighborhood:
    San Diego (92115)
    County:
    San Diego
    Area:
    San Diego (92115)
    Property Description
    4455 50th Street apartments is a newly renovated 8-unit multifamily property located within the Talmadge neighborhood of San Diego. Renovated turnkey property. Custom interiors with exquisite fixtures and finishes. Excellent unit mix of 5 two bedroom units & 3 one bedroom units. Privately owned laundry facility. Secured building.High rental demand area Convenient access to major freeways and employment centers. Walk score of 80. Call agent for a full offering memorandum.
    Exterior Features

    Carports 4 Parking CarportsSpaces Parking Spaces Total 10 Units With Garages 0

    Interior Features

    Laundry Owned Sq Ft Of Improvement 5800

    Property Features

    Actual Cap Rate 4.58 Actual Cash Flow 20977 Actual Gross Operating Income 153880 Actual Gross Scheduled Income 153120 Actual Operating Expense 50821 Actual Total Pi Pay 82083 Actual Vacancy And Credit Loss 4759 Assumable Finance 0 Buildings 1 Complex Features Bbq Gross Equity 1350000 Gross Multiplier 14.29 Have 8 Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Other Income Actual 5520 Projected Annual Pi Expense 82083 Projected Cap Rate 5.04 Projected Cash Flow 31369 Projected Gross Multiplier 13.25 Projected Gross Operating Inc 164706 Projected Gross Scheduled Inc 162000 Projected Net Income 113452 Projected Operating Expense 51254 Projected Other Income 7800 Projected Vacancy And Credit Loss 5094 Sq Ft Source Buyer To Verify Terms Cash To New Loan

    Listing provided courtesy of Acre Investment Real Estate. 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