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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
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) services provided by SDMLS and CRMLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. © 2019 San Diego Multiple Listing Service, Inc. © 2019 California Regional Multiple Listing Service. Data updated on Sunday, August 25th, 2019 07:34:23 PM.

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The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited.

Information Deemed Reliable But Not Guaranteed. 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. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2019-05-20

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