Listing ID: PTP2301245
Price: $6,200,000
Status: ACTIVE
Address: 4218 49Th Street
City: San Diego
State: California
Postal Code: 92115
SqFt: 11,571
Acres: 0.266
County: San Diego
San Diego
CA
92115
Welcome to this stunning 16 unit apartment complex, located in the highly desirable college area of San Diego.The location of this complex is unbeatable, with close proximity to top-rated universities, shopping, and dining options. Tenants will enjoy easy access to major freeways. This property has been fully renovated with PERMITS. Roof, Electrical, Plumbing, EVERYTHING. Each unit was taken down to the studs and rebuilt. Meaning all of your CapEx has been taken care of for the foreseeable future. TWO separate buildings. Featuring (8) 2/1's + Dens and (8) 1/1's + Dens, each unit is equipped with interior Washer/Dryers, 16 assigned parking spaces. Gated entry keeping the commons secured. This is truly a trophy asset to add to your portfolio. Boasting modern and sophisticated design that is sure to impress tenants. Each unit features high-end finishes, including new flooring, fresh paint, stainless steel appliances, and quartz countertops.Welcome to this stunning 16 unit apartment complex, located in the highly desirable college area of San Diego.The location of this complex is unbeatable, with close proximity to top-rated universities, shopping, and dining options. Tenants will enjoy easy access to major freeways. This property has been fully renovated with PERMITS. Roof, Electrical, Plumbing, EVERYTHING. Each unit was taken down to the studs and rebuilt. Meaning all of your CapEx has been taken care of for the foreseeable future. TWO separate buildings. Featuring (8) 2/1's + Dens and (8) 1/1's + Dens, each unit is equipped with interior Washer/Dryers, 16 assigned parking spaces. Gated entry keeping the commons secured. This is truly a trophy asset to add to your portfolio. Boasting modern and sophisticated design that is sure to impress tenants. Each unit features high-end finishes, including new flooring, fresh paint, stainless steel appliances, and quartz countertops.
Primary Features
County:
San Diego
Property Type:
2-4 Units
Zoning:
Assessor
Interior
Unit 1 Number of Bedrooms:
2
Unit 1 Number Total Baths:
1
Unit 2 Number of Bedrooms:
1
Unit 2 Number Total Baths:
1
Unit Number for Unit 1:
1
Unit Number for Unit 2:
2
External
Entry Only:
no
Neighborhood:
College Area
Number of Buildings:
2
Number of Units:
16
Number of Units w/Range/Oven:
16
Number of Units w/Refrigerator:
16
Number of Units w/Washers:
16
Number Units w/Cooling:
16
Pool:
N/K
Site:
Curbs, Sidewalks
Location
Zip/Area:
SAN DIEGO (92115)
Additional
Property Type:
2-4 UNITS
Supplement:
Welcome to this stunning 16 unit apartment complex, located in the highly desirable college area of San Diego.The location of this complex is unbeatable, with close proximity to top-rated universities, shopping, and dining options. Tenants will enjoy easy access to major freeways. This property has been fully renovated with PERMITS. Roof, Electrical, Plumbing, EVERYTHING. Each unit was taken down to the studs and rebuilt. Meaning all of your CapEx has been taken care of for the foreseeable future. TWO separate buildings. Featuring (8) 2/1's + Dens and (8) 1/1's + Dens, each unit is equipped with interior Washer/Dryers, 16 assigned parking spaces. Gated entry keeping the commons secured. This is truly a trophy asset to add to your portfolio. Boasting modern and sophisticated design that is sure to impress tenants. Each unit features high-end finishes, including new flooring, fresh paint, stainless steel appliances, and quartz countertops.
Financial
Annual Expense Actual:
138591
Assessments:
N/K
Cap Rate Actual:
4.5
CFD/Mello-Roos Fee Reflct:
Year
Gross Scheduled Income Actual:
433200
Sale/Rent:
For Sale
Terms:
Cash, Conventional, Exchange, VA
Unit 1 Rent Actual:
2300
Unit 2 Rent Actual:
2200
Zoning Info
Area Info
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