Listing ID: 220006344SD
Price: $7,800,000
Status: Active
Address: 2101 Dale Street
City: San Diego
State: California
Postal Code: 92104
County: San Diego
San Diego
CA
92104
Pride of ownership on full display in this income opportunity beside San Diego's most famed green space, South Park - one of the city's trendiest neighborhoods. South Park is minutes from downtown San Diego and is known for its eclectic mix of boutiques, dining establishments, coffee shops, and retail spaces. The LOCATION of this 13-unit complex is UNPARALLELED and has a walkability score of 83! The complex mix consists of 6 2bd/1.5bth & 7 1bd/1bth units with larger than most sq. footages. There are 2 garages and 10 assigned parking spaces. There have been many upgrades over the years: interior paint, bath upgrades, kitchen upgrades and flooring. The pictures are of the newest fully remodeled unit - kitchen & cabinetry, appliances, bath, vanity, flooring & paint. Add a full building exterior paint job to the list of upgrades. There is on-site laundry for tenant use. The rents are low in most units and have a large upside potential in rents.

Primary Features

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

Interior

External

Number Of Buildings: 1
Parking Total: 10
Phase: 13

Location

Country: US
MLS Area Major: 92104 - North Park

Additional

Days On Market: 97
List Agent State License: 01319401
List Office State License: 01355753
Number Of Units Total: 13
Parcel Number: 5391521300

Financial

Cap Rate: 2.73
Gross Scheduled Income: 238989
Net Operating Income: 166428
Operating Expense: 72561.13
Other Income 1: 1800
Trash Expense: 1397
Water Sewer Expense: 6123

Zoning Info


Area Info


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Listing Agent: Eydie Chapman, DRE #01319401 from Thomas Realtors 619-296-6343
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Listing Agent: Eydie Chapman, DRE #01319401 from Thomas Realtors 619-296-6343
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Listing Agent: Eydie Chapman, DRE #01319401 from Thomas Realtors 619-296-6343

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