Listing ID: 220009836
Sold For: $8,000,000
Status: SOLD
Sold Date: 10/11/2022
Address: 4747-4753 67th
City: San Diego
State: California
Postal Code: 92115
Acres: 1.250
County: San Diego
San Diego
PRICE REDUCED: Offered with Assumable Interest-Only Debt at 3.45%. The property is located at 4747-4753 & 4759-4769 67th Street with 2 separate parcels (468-330-33-00 & 468-330-21-00). We are pleased to present Rolando Place Apartments for sale in San Diego’s excellent residential neighborhood of Rolando Village near San Diego State University and La Mesa. Rolando Place Apartments is a low density property with 15 cottage style units situated on an oversized 1.25 acre lot. The units are a mix of large two, three and four-bedroom floor plans averaging over 1,100 square feet of living space. The majority of units have large, private yards, private garages and individual washer & dryers. The property was extensively renovated with all new unit interiors and significant upgrades to the building exteriors including new roofs, windows, asphalt, fencing, and refreshed landscaping. Rolando Place residents are walking distance to grocery stores, retail services and public transportation. The property is strategically located with easy access to Interstate 8, which connects to all other major San Diego freeways.

Primary Features

County: San Diego
Price Before Reduction: 8495000
Price Reduction Date: 2022-06-14T18:24:28+00:00
Property Type: Commercial-Residential Income


Number of Baths (1): 1
Number of Baths (2): 1.5
Number of Baths (3): 2
Number of Bedrooms (1): 2
Number of Bedrooms (2): 3
Number of Bedrooms (3): 4
Number of Stories: 1
SqFt of Improvement: 16622
Unit Type: Apartment, Duplex, Fourplex, Free Standing


Construction: Stucco
Entry Only: No
Exterior: Fully Landscaped, Part Fenced
Lot Size: .75 through 1.5 Acres
Number of Buildings: 9
Number of Units: 15
Number of Units (1): 1
Number of Units (2): 13
Number of Units (3): 1
Number of Units w/Garage: 13
Parking: Garages, Spaces
Parking Spaces Total: 39


Country: United States
Market Area: Metro Uptown
Zip/Area: SAN DIEGO (92115)


Age: 1976
Have: 15 units
Mandatory Remarks: None Known


Actual Gross Scheduled Income: 500940
Actual Operating Expense: 174370
Cap Rate Actual: 4.1
Cap Rate Projected: 5.4
Financial Info Source: Owner
Financing: Cash to New Loan
Gross Equity: 4240000
Gross Multiplier: 16.0
Price/Unit: 553000
Projected Gross Multiplier: 12.9
Sale/Rent: For Sale
Sales Restrictions: N/K
Short Sale: no
SP$/LP$: 0.96
Unit Rent (1): 2285
Unit Rent (2): 2728
Unit Rent (3): 3995
Unit Rent Total (1): 2285
Unit Rent Total (2): 35465
Unit Rent Total (3): 3995

Zoning Info

Area Info

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, noncommercial 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 © 2022 San Diego MLS. Data updated on Saturday, November 26th, 2022 08:59:46 PM.
#IDX-detailsPropertyPhoto, #IDX-modernMain, #IDX-detailsHead, .IDX-detailsshowcaseSlides, #IDX-detailsHead, .IDX-detailsshowcaseSlides
Listing courtesy of Eric D. Comer, Broker

Request More Information - Listing ID 220009836

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Data services provided by IDX Broker