Listing ID: 230003294
Price: $8,200,000
Status: ACTIVE
Address: 1050-1060 Scott
City: San Diego
State: California
Postal Code: 92106
SqFt: 10,100
Acres: 0.230
County: San Diego
San Diego
CA
92106
8 Townhomes each with at least 3bed 2.5bath some with optional 4th bedroom and has underground parking, 22spaces. Buyer to verify financials. Actual income potential for the area likely more than stated. This listing includes both apn's 531-373-05-00 and 531-373-04-00. Only one block to water, minutes to Shelter Island, airport, downtown, highways shopping and dining.

Primary Features

County: San Diego
Property Type: Commercial-Residential Income

Interior

Number of Baths (1): 2.5
Number of Baths (2): 2.5
Number of Baths (3): 2.5
Number of Baths (4): 3
Number of Baths (5): 2.5
Number of Baths (6): 3
Number of Baths (7): 2.5
Number of Baths (8): 2.5
Number of Bedrooms (1): 3
Number of Bedrooms (2): 3
Number of Bedrooms (3): 3
Number of Bedrooms (4): 3
Number of Bedrooms (5): 3
Number of Bedrooms (6): 3
Number of Bedrooms (7): 3
Number of Bedrooms (8): 3
Number of Stories: 2
SqFt of Improvement: 13100

External

Construction: Stucco
Entry Only: No
Lot Size: .25 Acres or less
Number of Buildings: 1
Number of Units: 8
Number of Units (1): 1
Number of Units (2): 1
Number of Units (3): 1
Number of Units (4): 1
Number of Units (5): 1
Number of Units (6): 1
Number of Units (7): 1
Number of Units (8): 1
Parking: Garages
Parking Spaces Total: 22

Location

Country: United States
Market Area: Coastal South
Zip/Area: POINT LOMA (92106)

Additional

Age: 2002
Class: COMMERCIAL-RES INCOME
Have: 8 Townhomes
Mandatory Remarks: None Known

Financial

Actual Gross Scheduled Income: 420000
Actual Operating Expense: 29800
Cap Rate Projected: 5
Gross Equity: 8200000
Gross Multiplier: 5
Monthly Rent Total: 35000
Number of Leased Apartments: 8
Price/Unit: 1025000
Projected Gross Multiplier: 5
Projected Taxes Expense: 22000
Sale/Rent: For Sale
Sales Restrictions: N/K
Short Sale: no
Unit Rent (1): 4375
Unit Rent (2): 4375
Unit Rent (3): 4375
Unit Rent (4): 4375
Unit Rent (5): 4375
Unit Rent (6): 4375
Unit Rent (7): 4375
Unit Rent (8): 4375
Unit Rent Total (1): 4375
Unit Rent Total (2): 4375
Unit Rent Total (3): 4375
Unit Rent Total (4): 4375
Unit Rent Total (5): 4375
Unit Rent Total (6): 4375
Unit Rent Total (7): 4375
Unit Rent Total (8): 4375

Zoning Info


Area Info


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Listing courtesy of Lighthouse Realty Property Man

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