www.sandiegoareahomesforsale.co/homes/112945862
Address Not Available By Request
San Diego,
CA
92102
Neighborhood:
San Diego (92102)
2449-2451 A Street is a 9-unit value-add multifamily asset situated in one of San Diego’s most popular neighborhoods. This apartment community is situated on a 6,945sf lot and is comprised of two (2) studio units, four (4) 1 bedroom / 1 bathroom units and three (3) 2 bedroom / 1 bathroom units (5,104 rentable sf). The property has an attractive courtyard setting, laundry room and onsite parking (5 spaces). The property is conveniently located just minutes away from Downtown San Diego. Tenants enjoy the walkability of Golden Hill with easy access to local services, shopping and community parks. ***ProForma Cap Rate 6.36%%, ProForma GRM 10.5*** Email listing agent for Offering Memorandum. Please do not walk on property or disturb the tenants, drive-by only.
Carports
0
Construction
Stucco
Parking
Other/Remarks
Parking Spaces Total
5
Roof
Composition
Units With Garages
0
Floors
Slab
Sq Ft Of Improvement
5104
Unit Furnished1
0
Unit Furnished2
0
Unit Furnished3
0
Unit Furnished4
0
Unit Furnished5
0
Unit Furnished6
0
Unit Furnished7
0
Unit Furnished8
0
Unit Furnished9
0
Units With Dishwashers
0
Units With Disposals
9
Units With Ranges
9
Units With Refrigerators
9
Actual Cap Rate
2.92
Actual Cash Flow
3199
Actual Gas And Electric
900
Actual Gross Operating Income
124082
Actual Gross Scheduled Income
127920.0
Actual Maintenance Expense
3150
Actual Mgr Expense
6204
Actual Operating Expense
59891
Actual Other Expense
2500
Actual Pest Control Expense
5000
Actual Supplies Expense
3150
Actual Taxes Expense
26995
Actual Total Expense
59891
Actual Water Sewer Expense
9742
Assumable Finance
0
Buildings
3
Flood Zone
Remarks
Geological Hazard Zone
Remarks
Gross Equity
0
Gross Multiplier
17.16
Have
9 Units
Leased Apartments
9
Mandatory Remarks
None Known
Market Area
Metro Central
Monthly Rent Total
10629
Motive Want
Sell
Other Income Actual
372
Other Income Amount
372
Other Income Source
Laundry
Projected Cap Rate
6.36
Projected Cash Flow
81995
Projected Fl Ins Expense
2250
Projected Fl Ins Expense1
2250
Projected Gardener Expense
5000
Projected Gas And Electric
900
Projected Gross Multiplier
10.86
Projected Gross Operating Inc
203537
Projected Gross Scheduled Inc
209832
Projected Maintenance Expense
3150
Projected Manager Expense
9799
Projected Net Income
139674
Projected Operating Expense
63863
Projected Other Expense
2500
Projected Other Income
372
Projected Pest Expense
5000
Projected Supplies Expense
3150
Projected Taxes Expense
26995
Projected Total Expense
63863
Projected Water And Sewer Expense
9742
Short Sale
No
Tenant Pays Electric
Y
Tenant Pays Gas
N
Tenant Pays Water
N
Unit Number1
1
Unit Number2
1
Unit Number3
1
Unit Number4
1
Unit Number5
1
Unit Number6
1
Unit Number7
1
Unit Number8
1
Unit Number9
1
Unit Rent Total1
170
Unit Rent Total2
1250
Unit Rent Total3
1250
Unit Rent Total4
880
Unit Rent Total5
1600
Unit Rent Total6
1550
Unit Rent Total7
1250
Unit Rent Total8
1490
Unit Rent Total9
1089
Unit Rent1
170
Unit Rent2
1250
Unit Rent3
1250
Unit Rent4
880
Unit Rent5
1600
Unit Rent6
1550
Unit Rent7
1250
Unit Rent8
1490
Unit Rent9
1089
Zoning
Rm-1-1
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.
