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    Address Not Available By Request

    San Diego, CA 92102
    • $2,675,000
    • STATUS: SOLD
    • ON SITE: 163 days
    • ID#: 200046078
    Sold - 01/24/2021
    $2,675,000
    SOLD - 01/24/2021
    • 3
      BEDS
    • 0.21
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    San Diego (92102)
    Type:
    Multi-Family
    County:
    San Diego
    Area:
    San Diego (92102)

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    Description

    This is a rare opportunity to purchase a brand-new built (2020) property comprised of six (6) separate 3bedroom/2.5bathroom homes on one lot. A new buyer can either rent them out or sell them individually. The units are all separately metered for SDG&E and Water which minimizes operating costs. The units are 1,538sf and includes an attached 2-car garage, yards, patios/balconies and washer/dryer hookups in each unit (central A/C & heating). This property is not subject to AB-1482 (California Cap) because it is less than 15 years old.

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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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sandiegoareahomesforsale.co/homes/110317040
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    Address Not Available By Request San Diego, CA 92102

    • Price: $2,899,000
    • Status: SOLD
    • Updated: 149 min ago
    • ID#: 200046078
    3
    Beds
    2
    Baths
    1
    ½ Baths
    0.21
    Acres
    Neighborhood:
    San Diego (92102)
    County:
    San Diego
    Area:
    San Diego (92102)
    Property Description
    This is a rare opportunity to purchase a brand-new built (2020) property comprised of six (6) separate 3bedroom/2.5bathroom homes on one lot. A new buyer can either rent them out or sell them individually. The units are all separately metered for SDG&E and Water which minimizes operating costs. The units are 1,538sf and includes an attached 2-car garage, yards, patios/balconies and washer/dryer hookups in each unit (central A/C & heating). This property is not subject to AB-1482 (California Cap) because it is less than 15 years old.
    Exterior Features

    Carports 0 Parking GaragesOther/Remarks Parking Spaces Total 12 Roof Other/Remarks Units With Garages 6

    Interior Features

    Cooling Other Floors SlabWood Sq Ft Of Improvement 9454 Stories 3 Story Unit Furnished1 N Units With Dishwashers 6 Units With Disposals 6 Units With Ranges 6

    Property Features

    Actual Cap Rate 5.16 Actual Gardener Expense 2000 Actual Gas And Electric 3200 Actual Gross Operating Income 212400 Actual Gross Scheduled Income 212400.0 Actual Maintenance Expense 1500 Actual Operating Expense 56568 Actual Other Expense 1500 Actual Prop Management 8241 Actual Taxes Expense 35653 Actual Total Expense 56568 Actual Vacancy And Credit Loss 6372 Assumable Finance 0 Buildings 6 Gross Equity 1700000 Gross Multiplier 13.65 Have 6 Units 3Brm/2Bth Each Leased Apartments 6 Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 17700 Motive Want Sell Projected Cap Rate 5.85 Projected Fl Ins Expense 2974 Projected Fl Ins Expense1 2974 Projected Gardener Expense 2000 Projected Gas And Electric 3200 Projected Gross Multiplier 12.39 Projected Gross Operating Inc 234000 Projected Gross Scheduled Inc 234000 Projected Maintenance Expense 1500 Projected Net Income 169574 Projected Operating Expense 57406 Projected Other Expense 1500 Projected Property Mgmt Expense 9079 Projected Taxes Expense 56653 Projected Total Expense 57406 Short Sale No Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Unit Number1 6 Unit Rent Total1 2950 Unit Rent1 2950

    Listing provided courtesy of Apartment Realty Group (Arg). Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Steven G. Fraioli & Associates
    13176 Midbluff Ave
    San Diego CA, 92128