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Alexander Pfleger
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P: 858.483.4687
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4334 49th
San Diego, California CA 92115
Price: $2,200,000
PENDING Status, Bedrooms, Full Baths
7,256 SqFt
Listing ID # 180013538

Property Description:

5.3% CAP ON ACTUALS! The Property consists of a garden style setting spread out on a lot totaling 7,256 square feet. Originally constructed in 1975, the property has undergone a complete interior and exterior renovation in 2017. The 49th Street Villas consist of 9-units with a total of 7,102 rentable square feet in one, two-story building. The Property’s well-designed floor plans include eight (8) spacious two-bedroom/one-bath units ranging in size from 770 - 852 rentable aq ft and one (1) one-bedroom, one-bath unit of 560 rentable sq ft. The Property offers such amenities as gated front and back entry, modern laundry facilities, open common areas and nine (9) off-street parking spots.

Primary Features

Market Area: Metro Uptown
Number of Buildings: 1
Number of Units: 9
Construction: Frame, Stucco
Roof: Composition
Exterior: Cable Available, Metal Fence, Part Landscaped
Amenities: BBQ
Heating: Wall
Cooling: Other
Parking: Garages, Spaces
Parking Spaces Total: 12

Interior Features

Floor Covering: Hardwood, Tile
Floors: Slab
Number of Baths (1): 1
Number of Baths (2): 1
Number of Bedrooms (1): 2
Number of Bedrooms (2): 1
Stories: 2 Story

External Features

Entry Only: No

Location Information

Zip/Area: SAN DIEGO (92115)

Financial Details

Actual Gross Oper Income: 169758
Actual Gross Scheduled Income: 172308
Actual Operating Expense: 52962
Actual Other Income: 2700
Actual Vacancy & Credit Loss: 5250
Assessors Parcel Number: 471-281-19-00
Cap Rate Actual: 5.31
Cap Rate Projected: 5.6
Gross Equity: 500000
Gross Multiplier: 12.77
Price/Unit: 244444
Projected Gross Operating Income: 176171
Projected Gross Scheduled Income: 178920
Projected Net Income: 122889
Projected Operating Expense: 53282
Projected Other Income: 2700
Projected Vacancy & Credit Los: 5449
Sale/Rent: For Sale
Unit Rent (1): 1695
Unit Rent (2): 1350

Additional

Age: 1975
Association ID: San Diego Association of REALTORS (SDAR)
Financial Info Source: Owner
Have: Rehabbed Apts
Mandatory Remarks: None Known
Number of Stories: 2
Number of Units (1): 8
Number of Units (2): 1
Sales Restrictions: N/K
SqFt of Improvement: 7102
SqFt Source: Buyer to Verify

Zoning Info


Listing courtesy of Acre Investment Real Estate
©2019 Sandicor, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from San Diego Multiple Listing Service (SDMLS). The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated on Thursday, February 21st, 2019 04:56:34 AM.

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Office: 858-483-4687 | Cell: 619-339-7334 | Email: [email protected] | CA BRE #01043581 | NMLS# 373603

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