Listing ID: NDP2105758
Price: $6,495,000
Price/SqFt: $912.22
Status: Active
Address: 3425 5th Avenue
City: San Diego
State: California
Postal Code: 92103
SqFt: 7,120
Acres: 0.110
County: San Diego
San Diego
CA
92103
Modern on Fifth is an ultra-luxury, four unit architecture lover’s dream. This one-of-a-kind owner build was designed and built for luxury, privacy, & security. Designed by world renowned architecture firm Safdie Rabines Architects, construction was completed in late 2017 with top-of-the-line materials and finishes. Perfect for owner occupied to live and work from same property with total separation from the residence and the office space; also perfect for a family compound. Unit mix: "Penthouse" 2 bed 2 bath (2,800 sf) estimated rent of $10,000/ month, "Condo" is 2 bed 2 bath (1,800 sf) rents for $4,250/m, "Office" (convertible to a 2 bed / 1 bath residential condo) (1,500 sf) rents for $4,250/m, "Retail" (1,020 sf) rents for $3,600/m. All units are separately metered and tenants pay utilizes direct to providers. 3D Tour and Video: ModernOn5th.com/?mls

Primary Features

County: San Diego
Price/SqFt: 912.22
Property Type: Residential Income
Year Built: 2017
Zoning: CC-3-9

Interior

Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Garage Spaces: 8
Laundry: yes
Laundry Features: In Closet
Number With Dishwasher: 3
Number With Disposal: 3
Number With Patio: 3
Number With Range: 3
Number With Refrigerator: 3
Stories Total: 4

External

Architectural Style: Modern
Construction Materials: Glass, Stucco
Lot Features: Level, Near Public Transit, Sprinkler System, Sprinklers Drip System, Zero Lot Line
Lot Size Area: 4903
Lot Size Source: Assessor
Lot Size Square Feet: 4903
Number Of Buildings: 1
Parking Total: 8
Pool Features: None
Private Pool: no
Property Attached: yes
Water Source: Public

Location

MLS Area Major: 92103 - Mission Hills
Neighborhood: Banker's Hill

Additional

Community Features: Urban
Days On Market: 114
List Agent State License: 01468953
List Office State License: 01204280
Lot Size Units: Square Feet
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 4
Number Of Units Leased: 3
Number Of Units Total: 4
Parcel Number: 4525550400
Senior Community: no
Year Built Source: Seller

Financial

Cap Rate: 2.87
Gross Scheduled Income: 265200
Insurance Expense: 2000
Land Lease: no
Net Operating Income: 186200
New Taxes Expense: 72200
Operating Expense: 79000
Rent Control: no
Special Listing Conditions: Standard
Tax Lot: 6
Tax Tract Number: 000300
Total Expenses: 79000
Water Sewer Expense: 50

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.
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Listing courtesy of Tommy Crudo, DRE #01468953 from Willis Allen Real Estate
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Listing courtesy of Tommy Crudo, DRE #01468953 from Willis Allen Real Estate

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