$2,750,000

  • COMMERCIAL-RES INCOME
  • SOLD
  • MLS# 180001613

Description

JUST REDUCED $105,000!!!! 8 Solid Units in Prime Northwest Pacific Beach Only 4 Blocks to the Ocean! This is a Rare Opportunity to Own 8 Units in this Highly Desirable Location. 3-2Br/1Ba, 5-1Br/1Ba, 6 Parking Spaces, Laundry Room. Low Rents with Tremendous Upside in the Income. Walk to Downtown Pacific Beach! Hurry on this excellent investment opportunity. Please do not walk on property or disturb the tenants.

Property Details

Property type:
Commercial-Res Income
Age of Building:
1960
Number of Buildings:
1
Number of Stories:
2
Total Number of Parking Spaces:
6

Location

County:
San Diego

Additional Details

Number of Units:
8
Number of Leased Apartments:
8
Number of Stories:
2
Total Monthly Rent:
$12,720
Price Per Unit:
$374,375
Down Payment:
$1,739,032
Fiscal Year:
16/17
Gross Equity:
$2,995,000
Existing Finance:
Clear
SqFt of Improvement:
5,575
Lot Size:
.25 Acres or less
Lot Square Footage:
6,250
Assessors Parcel #:
415-552-08
Zoning:
R
Tenant Pays Gas:
Yes
Tenant Pays Electric:
Yes
Units with Disposals:
8
Units with Drapes:
8
Units with Ranges:
8
Units with Refrigerator:
8
Flood Zone:
Hazard Unknown
Geological Hazard Zone:
Hazard Unknown
Exterior:
Cable Available, Part Landscaped
Heating Equipment:
Wall
Roof:
Composition
Laundry:
Leased
Parking:
Spaces

Unit Details

Unit 1
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
1
Rent:
$1,765
Unit Rental Total:
$1,765
Unit 2
Number of Units:
1
Number of Bedrooms:
1
Number of Baths:
1
Rent:
$1,580
Unit Rental Total:
$1,580
Unit 3
Number of Units:
1
Number of Bedrooms:
1
Number of Baths:
1
Rent:
$1,395
Unit Rental Total:
$1,395
Unit 4
Number of Units:
1
Number of Bedrooms:
1
Number of Baths:
1
Rent:
$1,480
Unit Rental Total:
$1,480
Unit 5
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
1.00
Rent:
$1,860
Unit Rental Total:
$1,860
Unit 6
Number of Units:
1
Number of Bedrooms:
1
Number of Baths:
1.00
Rent:
$1,395
Unit Rental Total:
$1,395
Unit 7
Number of Units:
1
Number of Bedrooms:
1
Number of Baths:
1.00
Rent:
$1,480
Unit Rental Total:
$1,480
Unit 8
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
1.00
Rent:
$1,765
Unit Rental Total:
$1,765

Dimensions

Lot:
50X125

Features

Amenities:
Other/Remarks
Floor Coverings:
Wall to Wall Carpet
Construction Features:
Stucco
Laundry Utilities:
Leased

Listing provided by

Apartment Consultants, Inc.
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North Pacific Beach

Family-friendly "North P.B." is located north of Crystal Pier and butts up against its more upscale neighbor, La Jolla.

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