4525 Campus Avenue

    San Diego, CA 92116
    • $4,500,000
    • STATUS: ACTIVE
    • ON SITE: 48 days
    • ID#: 180043999
    $4,500,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    First time ever on-market! Built to condominium specifications, with a condo map in-place, the property features an extremely rare and attractive unit mix featuring all two-bedroom townhomes. All units are extremely spacious, ranging in size from 920-930 square feet, and consist of 2-story floor plans. Built by the current owners and meticulously maintained for the last 30 years, the property features high-end construction with a long list of amenities. Secured by a gated entrance with intercom access, each townhome hosts in-unit stackable washer/dryers, central air conditioning and heat, vaulted ceilings and gas fireplaces. The 6 interior townhomes include private patios, while the corner units include private balconies located off the living rooms. The property also features 10 garage spaces with remote control access, 6 of them having direct access into the townhomes. There are an additional 11 assigned parking spaces in front of each garage space giving each tenant a total of 2 parking spaces per townhome.

    Monthly Payment Calculator

    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/86391236

    4525 Campus Avenue San Diego, CA 92116

    • Price: $4,500,000
    • Status: ACTIVE
    • ID#: 180043999
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    Neighborhood:
    Normal Heights (92116)
    County:
    San Diego
    Area:
    Normal Heights (92116)
    Property Description
    First time ever on-market! Built to condominium specifications, with a condo map in-place, the property features an extremely rare and attractive unit mix featuring all two-bedroom townhomes. All units are extremely spacious, ranging in size from 920-930 square feet, and consist of 2-story floor plans. Built by the current owners and meticulously maintained for the last 30 years, the property features high-end construction with a long list of amenities. Secured by a gated entrance with intercom access, each townhome hosts in-unit stackable washer/dryers, central air conditioning and heat, vaulted ceilings and gas fireplaces. The 6 interior townhomes include private patios, while the corner units include private balconies located off the living rooms. The property also features 10 garage spaces with remote control access, 6 of them having direct access into the townhomes. There are an additional 11 assigned parking spaces in front of each garage space giving each tenant a total of 2 parking spaces per townhome.
    Exterior Features

    Parking Spaces Total 21 Units With Garages 10

    Interior Features

    Baths Unit1 2 Baths Unit2 1.5 Baths Unit3 1 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Sq Ft Of Improvement 9260

    Property Features

    Actual Cap Rate 3.72 Actual Gross Operating Income 246800 Actual Gross Scheduled Income 253128 Actual Operating Expense 79333 Actual Vacancy And Credit Loss 6328 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 17.78 Have Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Other Income Actual 0 Projected Cap Rate 4.57 Projected Gross Multiplier 15.63 Projected Gross Operating Inc 280800 Projected Gross Scheduled Inc 288000 Projected Net Income 205768 Projected Operating Expense 75032 Projected Other Income 0 Projected Vacancy And Credit Loss 7200 Short Sale No Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 2 Unit Number2 6 Unit Number3 2

    Listing provided courtesy of Cushman & Wakefield Of San Die. 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