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1028 14th

San Diego, CA 92101
  • $4,000,000
  • STATUS: ACTIVE
  • ON SITE: 50 Days
  • ID#: 240000758
Price Reduced
$4,000,000
  • 3
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

REDUCED PRICE! Completed in 1925 with extensive renovations in 2018, 1028 14th Street includes 18 charming units in the rapidly growing neighborhood of East Village. The unit mix includes 14 one-bedrooms and four studios. The interiors, exteriors and common areas were upgraded by the current owner. 1028 14th Street boasts an exceptional and convenient location, providing accessibility to the exciting 24-hour live-work-play environment in Downtown San Diego. The property also benefits from the close proximity to the San Diego City College, the new Law School campus and the new UCSD Downtown Hub & Market. The location is convenient to the Trolley, I-5, SR-163 and 94-freeway.

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San Diego MLS logo 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) service provided by San Diego MLS. 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. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/146537284
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1028 14th San Diego, CA 92101

  • Price: $4,000,000
  • Status: ACTIVE
  • On Site: 50 Days
  • ID#: 240000758
3
Beds
5
Baths
0
½ Baths
N/A
Acres
Neighborhood:
San Diego Downtown (92101)
County:
San Diego
Area:
San Diego Downtown (92101)
Property Description
REDUCED PRICE! Completed in 1925 with extensive renovations in 2018, 1028 14th Street includes 18 charming units in the rapidly growing neighborhood of East Village. The unit mix includes 14 one-bedrooms and four studios. The interiors, exteriors and common areas were upgraded by the current owner. 1028 14th Street boasts an exceptional and convenient location, providing accessibility to the exciting 24-hour live-work-play environment in Downtown San Diego. The property also benefits from the close proximity to the San Diego City College, the new Law School campus and the new UCSD Downtown Hub & Market. The location is convenient to the Trolley, I-5, SR-163 and 94-freeway.
Exterior Features

Construction Stucco

Interior Features

Cooling Wall/Window Heating Wall Sq Ft Of Improvement 7390

Property Features

Actual Gross Scheduled Income 377700.0 Actual Operating Expense 133976 Assumable Finance 0 Buildings 1 Complex Features BBQ Existing Financing Conventional Financial Information Source Owner Gross Equity 1700000 Gross Multiplier 10.6 Have 18 Units Mandatory Remarks None Known Market Area Metro Central Motive Want Cash Out Projected Cap Rate 6.36 Projected Gross Multiplier 10.1 Short Sale No Unit Number1 2 Unit Number2 2 Unit Number3 2 Unit Number4 10 Unit Number5 2 Unit Rent Total1 3274 Unit Rent Total2 3375 Unit Rent Total3 17828 Unit Rent Total4 3550 Unit Rent Total5 3448 Unit Rent1 1637 Unit Rent2 1688 Unit Rent3 1783 Unit Rent4 1775 Unit Rent5 1724 Unit Type Apartment

San Diego MLS logo Listing provided courtesy of Eric Comer of Eric D. Comer, Broker: 858-369-3083. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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) service provided by San Diego MLS. 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. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team
516 5th Avenue
San Diego CA, 92101