Listing ID: 210028605
Price: $7,257,500
Status: Active
Address: 715 Cohasset Court
City: San Diego
State: California
Postal Code: 92109
County: San Diego
San Diego
CA
92109
A++ LOCATION | 4% CAP RATE ON CURRENT & 4.3% CAP RATE ON TURNOVER! 715 Cohasset Court is a top quality coastal San Diego apartment property located in the A+ area of South Mission Beach, 100 steps to the boardwalk and Beach. This completely renovated 16 unit asset is fully stabilized with UPSIDE POTENTIAL. The immediate area has an average Household income of $127k/year and an average detached home sale price of $1.6MM ($1.45MM for attached condos). Interior renovations include quartz counter tops in kitchens and baths, white shaker cabinets in kitchen and baths, luxury vinyl plank flooring throughout, in-unit stackable washer/dryers, upscale front doors with key-less entries, modern paint, baseboards, molding and more. The exterior renovations include a new roof (with 10 year warranty), vinyl windows, stucco patch and repair, new paint (including front mural), new address sign, redesigned front elevation with landscaping, new code security gates, BBQ/lounge area and more. The property also includes a rooftop deck with 360 views of the Pacific Ocean and Sail Bay. This highly desirable property and location attracts an upscale resident with substantial income and credit rating. The property offers an opportunity for the long term investor to own a rarely offered, highly upgraded property in one of San Diego’s top beach locations. Contact Brokers for full Offering Memorandum.

Primary Features

County: San Diego
Property Sub Type: Commercial/Residential
Property Type: Commercial Sale

Interior

External

Location

Country: US
MLS Area Major: 92109 - Pacific Beach

Additional

Days On Market: 1
List Agent State License: 01800485
List Office State License: 00804745
Number Of Units Total: 16
Parcel Number: 4237221000

Financial

Cap Rate: 4
Gross Scheduled Income: 430980
Net Operating Income: 290429
Operating Expense: 145581

Zoning Info


Area Info


© 2021. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Last updated Tuesday, October 19th, 2021.

Based on information from CARETS as of Tuesday, October 19th, 2021 05:59:29 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
#idx-details-header
Listing courtesy of Corey McHenry, DRE #01800485 from Colliers International
#IDX-primaryPhoto, #idx-details-header
Listing courtesy of Corey McHenry, DRE #01800485 from Colliers International

Request More Information - Listing ID 210028605

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

Data services provided by IDX Broker
{"page":"listing","idxID":"d025","listingID":"210028605","extra":"715-Cohasset-Court-San-Diego-CA-92109","type":"moreinfo"}
https://www.century21award.com
details.php
https://search.century21award.com
details
http://century21award.idxbroker.com/idx/results/listings?pt=sfr