867-869 Tourmaline

    San Diego, CA 92109
    • $1,999,995 - $2,299,995
    • STATUS: ACTIVE
    • ON SITE: 70 days
    • ID#: 180050314
    Price Reduced
    UPDATED: 26 min ago
    $1,999,995 - $2,299,995
    • 8
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,250
      SQFT
    • $708
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    Description

    Great opportunity in North Pacific Beach. Walk 1 block to the beach. Experience vacation living all year round in the spacious multi-unit property! Located just blocks away from Tourmaline Beach, you are just a short walk from shops, endless beach activities, nightlife, and award winning cuisines. Back unit is a 5 bedroom, 3.5 bathrooms with a large private patio to enjoy the cool summer San Diego nights. Front unit is a 3 bedroom, 1 bathroom with its own deck and yard. Great income producing property!

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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/87293487

    867-869 Tourmaline San Diego, CA 92109

    • Price: $1,999,995 - $2,299,995
    • Status: ACTIVE
    • Updated: 26 min ago
    • ID#: 180050314
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,250
    SQFT
    $708
    $/SQFT
    1947
    Built
    Neighborhood:
    North Pacific Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Elementary School:
    San Diego Unified School District
    Middle School:
    San Diego Unified School District
    High School:
    San Diego Unified School District
    Property Description
    Great opportunity in North Pacific Beach. Walk 1 block to the beach. Experience vacation living all year round in the spacious multi-unit property! Located just blocks away from Tourmaline Beach, you are just a short walk from shops, endless beach activities, nightlife, and award winning cuisines. Back unit is a 5 bedroom, 3.5 bathrooms with a large private patio to enjoy the cool summer San Diego nights. Front unit is a 3 bedroom, 1 bathroom with its own deck and yard. Great income producing property!
    Exterior Features

    Exterior Stucco Fencing FullGate Frontage N/K Irrigation Sprinklers Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 2 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Roof Composition Site Alley Access Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2 View Evening LightsOcean

    Interior Features

    Cooling N/K Furnished Units 2 Half Baths Unit1 0 Half Baths Unit2 1 Heat Equipment BaseboardFireplace Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 4 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 1 Units With Dryers 1 Units With Fireplaces 2 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 1 Water Heater Type Gas

    Property Features

    Actual Cap Rate 6.5 Age Restrictions N/K Annual Expense Actual 45000 Annual Expense Projected 55000 Association ID North San Diego County Association Of Realtors (Nsdcar) Buildings 2 Cfd Mello Roos Fee 0 Community Pacific Beach Complex Features BbqLaundry Facilities Complex Park N/A Cross Streets Bayard St Gross Rent Multiplier Actual 4 Gross Scheduled Income Actual 197000 Gross Scheduled Income Project 200000 Jurisdiction Incorporated Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 150000 Other Fees 0 Other Income Actual 0 Possession Close Of Escrow Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Other/Remarks Tenant Pays N/K Terms CashConventional Unit Number For Unit1 867 Unit Number For Unit2 869 Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 3500 Unit1 Rent Actual 3000 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 5500 Unit2 Rent Actual 5000 Vacation Rental By Owner Yes Water Meter On Property Water District City Of San Diego

    Listing provided courtesy of Coldwell Banker Res. Brokerage. 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