Listing ID: 220012772
Price: $8,760,000
Status: PENDING
Address: 525-575 28th Street
City: San Diego
State: California
Postal Code: 92102
Acres: 0.840
County: San Diego
San Diego
CA
92102
Financing may be assumed. Loan amount approximately $5,100,000 at 2.83%, fully amortizing and fixed until 2/2026. The property can also be delivered free & clear. Do not disturb tenants or go to property without prior approval. Reach out to listing agent for offering memorandum, financials, and further information.
Primary Features
County:
San Diego
Price Before Reduction:
8910000
Price Reduction Date:
2022-09-02T17:44:36+00:00
Property Type:
Commercial-Residential Income
Interior
Number of Baths (1):
2
Number of Baths (2):
1
Number of Baths (3):
1
Number of Baths (4):
1
Number of Bedrooms (1):
2
Number of Bedrooms (2):
2
Number of Bedrooms (3):
1
Number of Stories:
3
SqFt of Improvement:
18685
External
Construction:
Other/Remarks
Entry Only:
No
Number of Buildings:
4
Number of Units:
27
Number of Units (1):
14
Number of Units (2):
6
Number of Units (3):
4
Number of Units (4):
3
Location
Country:
United States
Market Area:
Metro Central
Zip/Area:
SAN DIEGO (92102)
Additional
Age:
1987
Amenities:
Other/Remarks
Class:
COMMERCIAL-RES INCOME
Have:
Unit
Mandatory Remarks:
None Known
Financial
Actual Gross Scheduled Income:
596493
Actual Operating Expense:
231603
Cap Rate Actual:
4.17
Cap Rate Projected:
5.1
Gross Equity:
1
Gross Multiplier:
14.69
Price/Unit:
324444
Sale/Rent:
For Sale
Sales Restrictions:
N/K
Zoning Info
Area Info
Request More Information - Listing ID 220012772
Data services provided by IDX Broker
