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Listing ID: NDP2112719
Price: $7,527,600
Price/SqFt: $680.49
Status: Active
Address: 2050 Garnet Ave.
City: Pacific Beach (San Diego)
State: California
Postal Code: 92109
SqFt: 11,062
Acres: 0.358
County: San Diego
Pacific Beach (San Diego)
CA
92109
Great mix of 8 units (2 - 4 bedrooms, 2.5 baths) and (6 - 3 bedrooms, 2-2.5 baths) This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area, the best location in Pacific Beach. Centrally located on a major artery and close to Beach, Bay & shopping. Dedicated garage parking for every unit. All units have washers and dryers and storage. Pacific Beach, generally known as the best urban beach in Southern California, from Tourmaline Surfing Beach to Mission Beach has three miles of boardwalk and beach with a year round access to the unparalleled San Diego weather. Activities are too many to list from surfing and boogie boarding, volleyball and Frisbee to wakeboarding/Jet skiing/sailing/kayaking on Mission Bay or Ocean Beach or just walk the Garnet Shopping District or waiting for sunset to walk Crystal Pier. Bike the recently completed 19 mile Mission Bay path or simply enjoy the nightlife.

Primary Features

County: San Diego
Price/SqFt: 680.49
Property Type: Residential Income
Year Built: 1995
Zoning: R-4

Interior

Common Walls: 2+ Common Walls
Garage Spaces: 10
Laundry: yes
Laundry Features: Inside

External

Lot Features: Rectangular Lot
Lot Size Area: 15603
Lot Size Source: Assessor
Lot Size Square Feet: 15603
Number Of Buildings: 1
Parking Total: 10
Pool Features: None
Private Pool: no
Property Attached: yes
Sewer: Public Sewer
Water Source: Public

Location

MLS Area Major: 92109 - Pacific Beach
Neighborhood: Beach

Additional

Assessments: Unknown
Association: no
Co List Agent State License: 01395868
Co List Office State License: 01481919
Community Features: Sidewalks, Dog Park
Days On Market: 26
List Agent State License: 01915649
List Office State License: 01481919
Lot Size Units: Square Feet
Number Of Separate Electric Meters: 8
Number Of Separate Gas Meters: 8
Number Of Separate Water Meters: 1
Number Of Units Total: 8
Parcel Number: 4165432400
Senior Community: no
Year Built Source: Assessor

Financial

Cap Rate: 2.56
Gross Scheduled Income: 354530
Insurance Expense: 6629
Land Lease: no
Net Operating Income: 192344
New Taxes Expense: 92589
Operating Expense: 151860
Price Per Unit: 940950
Professional Management Expense: 8317
Rent Control: no
Special Listing Conditions: Standard
Tax Lot: 206/24-28
Tax Tract Number: 000791
Total Expenses: 151860
Trash Expense: 2016
Water Sewer Expense: 11384

Zoning Info


Area Info


© 2022. 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, January 25th, 2022.

Based on information from CARETS as of Tuesday, January 25th, 2022 02:35:21 AM. 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 Agent: Jeff Kane, DRE #01915649 from Coldwell Banker West 619-737-2126
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Listing Agent: Jeff Kane, DRE #01915649 from Coldwell Banker West 619-737-2126
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Listing Agent: Jeff Kane, DRE #01915649 from Coldwell Banker West 619-737-2126

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