Listing ID: PTP2102637
Price: $4,930,000
Price/SqFt: $448.10
Status: Pending
Address: 1134 Fresno Street
City: San Diego
State: California
Postal Code: 92110
SqFt: 11,002
County: San Diego
San Diego
CA
92110
GREAT INCOME OPPORTUNITY! ***NEWLY BUILT IN 2017*** 2 Buildings on a 11,241 SF Parcel. (5) 4 bed+3 bath (1) 4 bed+3.5 bath. 3 story units include private rooftop patios with 360° views. Units all 1800+SF. (6) 2-car garages + (2) 1-car garages. In unit W/D, separately metered for all utilities. Monthly Income of $25,150. All units include upgraded appliances and high end finished in kitchens and bathrooms. Centrally located next to University of San Diego and just minutes away from Downtown San Diego, SeaWorld, Fashion Valley, and San Diego State University. Possible Airbnb or condo conversion.

Primary Features

County: San Diego
Price Before Reduction: 4955000
Price Reduction Date: 2021-07-19T22:22:39+00:00
Price/SqFt: 448.1
Property Sub Type: Multi Family
Property Type: Commercial Sale
Year Built: 2017
Zoning: RM-3-7

Interior

Building Area Units: Square Feet
Stories Total: 4

External

Lot Size Source: Public Records
Number Of Buildings: 2
Parking Ratio: 2.67
Parking Total: 61015
Uncovered Spaces: 2
Water Source: Public

Location

MLS Area Major: 92110 - Old Town Sd
Street Number: 48

Additional

Additional Parcels: yes
Days On Market: 101
List Agent State License: 02095348
Number Of Units Leased: 6
Number Of Units Total: 6
Parcel Number: 4365931100

Financial

Cap Rate: 4.11
Electric Expense: 540
Gross Scheduled Income: 292926
Insurance Expense: 3216
Investment Property: yes
Net Operating Income: 202668
Operating Expense: 90565
Real Estate Tax Expense: 61013
Special Listing Conditions: Standard
Total Expenses: 90565
Trash Expense: 3096

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 04:58:57 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.

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Listing courtesy of Grant Myerson, DRE #02095348 from Top Gun CRE
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Listing courtesy of Grant Myerson, DRE #02095348 from Top Gun CRE

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