Listing ID: 210028689
Price: $7,995,000
Status: PENDING
Address: 2155 Felspar Street
City: San Diego
State: California
Postal Code: 92109
SqFt: 21,875
Acres: 0.500
County: San Diego
San Diego
CA
92109
Trophy property in the heart of Pacific Beach. Su Casa is a beautiful garden style complex consisting of 14 2br/1.5ba towhomes that each have 2 parking spaces and private patios, plus 1 1br/1ba single level unit that has 1 parking spot. Situated on just over 1/2 acre, & built during a time when there was plenty of room, this Spanish style complex is just special. Lush landscaping, vinyl windows & sliders, updated units, 29 off street parking spots, great unit mix and a bonus... this property already has condo papers & a condo plan. Huge upside with increased rents or to sell units separately. This is a very special opportunity for the savvy investor!

Primary Features

County: San Diego
Property Type: Commercial-Residential Income

Interior

Heating: Radiant
Number of Baths (1): 1
Number of Baths (2): 1.5
Number of Baths (3): 1.5
Number of Baths (4): 1.5
Number of Baths (5): 1.5
Number of Baths (6): 1.5
Number of Baths (7): 1.5
Number of Baths (8): 1.5
Number of Baths (9): 1.5
Number of Baths (10): 1.5
Number of Bedrooms (1): 1
Number of Bedrooms (2): 2
Number of Bedrooms (3): 2
Number of Bedrooms (4): 2
Number of Bedrooms (5): 2
Number of Bedrooms (6): 2
Number of Bedrooms (7): 2
Number of Bedrooms (8): 2
Number of Bedrooms (9): 2
Number of Bedrooms (10): 2
Number of Stories: 2
SqFt of Improvement: 15615
SqFt Source: Tax Record
Stories: 2 Story
Unit Furnished (1): N
Unit Furnished (2): N
Unit Furnished (3): N
Unit Furnished (4): N
Unit Furnished (5): N
Unit Furnished (6): N
Unit Furnished (7): N
Unit Furnished (8): N
Unit Furnished (9): N
Unit Furnished (10): N
Unit Type: Condo

External

Construction: Lath/Plaster, Stucco
Entry Only: No
Exterior: Auto Front Sprinklers, Cable Available, Front Sprinklers, Fully Landscaped
Flood Zone: Hazard Unknown
Lot Dimensions Approximate: 175x125
Lot Size: .5 through .75 Acres
Number of Buildings: 5
Number of Units: 15
Number of Units (1): 1
Number of Units (2): 1
Number of Units (3): 3
Number of Units (4): 1
Number of Units (5): 3
Number of Units (6): 1
Number of Units (7): 2
Number of Units (8): 1
Number of Units (9): 1
Number of Units (10): 1
Number of Units w/Ranges: 15
Number of Units w/Refrigerator: 15
Parking: Spaces, Other/Remarks
Parking Spaces Total: 29
Roof: Rock/Gravel

Location

Country: United States
Market Area: Coastal South
Zip/Area: PACIFIC BEACH (92109)

Additional

Age: 1973
Class: COMMERCIAL-RES INCOME
Have: 15 Condominiums
Mandatory Remarks: None Known

Financial

Actual Gross Scheduled Income: 447720
Financial Info Source: Other/Remarks
Gross Multiplier: 17.85
Monthly Rent Total: 37310
Number of Leased Apartments: 15
Price/Unit: 533000
Sale/Rent: For Sale
Sales Restrictions: N/K
Short Sale: no
Tenant Pays Electric: Y
Tenant Pays Gas: Y
Tenant Pays Water: N
Terms: Cash, Cash to New Loan, Submit
Unit Rent (1): 1595
Unit Rent (2): 2560
Unit Rent (3): 2495
Unit Rent (4): 2370
Unit Rent (5): 2720
Unit Rent (6): 2610
Unit Rent (7): 2620
Unit Rent (8): 2695
Unit Rent (9): 2395
Unit Rent (10): 2200
Unit Rent Total (1): 1595
Unit Rent Total (2): 2560
Unit Rent Total (3): 7485
Unit Rent Total (4): 2370
Unit Rent Total (5): 8160
Unit Rent Total (6): 2610
Unit Rent Total (7): 5420
Unit Rent Total (8): 2695
Unit Rent Total (9): 2395
Unit Rent Total (10): 2200

Zoning Info


Area Info


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Listing courtesy of Coldwell Banker West

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