1411 Tyler Ave.

    San Diego, CA 92103
    • $3,975,000
    • STATUS: ACTIVE
    • ON SITE: 68 days
    • ID#: 190002342
    UPDATED: 33 min ago
    $3,975,000
    • 16
      BEDS
    • 0.25
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    LOCATION, LOCATION, LOCATION!!! University Heights on the border of Hillcrest, North of Washington St. The Vermont Street bridge is just around the corner. Great walkability and convenience with most major services within one mile. Built in 1952, this 8252sft. apartment building consists of 12 units. The unit mix is eight 1bdrm/1ba and four 2bdrm/1ba apartments. The one bedroom units come in two different floorplans. Features of the U shaped building include: charming central courtyard, spacious windows, each unit has four closets and hardwood floors, vintage style kitchens, baths, and cabinetry. Good airflow in the units with front and back doors. Patios or decks provide private outdoor spaces. Plenty of open space behind the building, off the alley. On-site laundry facilities. Great tenant stability with room for significant rental upside.

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    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/90785546

    1411 Tyler Ave. San Diego, CA 92103

    • Price: $3,975,000
    • Status: ACTIVE
    • Updated: 33 min ago
    • ID#: 190002342
    16
    Beds
    12
    Baths
    0
    ½ Baths
    0.25
    Acres
    Neighborhood:
    Mission Hills (92103)
    County:
    San Diego
    Area:
    Mission Hills (92103)
    Property Description
    LOCATION, LOCATION, LOCATION!!! University Heights on the border of Hillcrest, North of Washington St. The Vermont Street bridge is just around the corner. Great walkability and convenience with most major services within one mile. Built in 1952, this 8252sft. apartment building consists of 12 units. The unit mix is eight 1bdrm/1ba and four 2bdrm/1ba apartments. The one bedroom units come in two different floorplans. Features of the U shaped building include: charming central courtyard, spacious windows, each unit has four closets and hardwood floors, vintage style kitchens, baths, and cabinetry. Good airflow in the units with front and back doors. Patios or decks provide private outdoor spaces. Plenty of open space behind the building, off the alley. On-site laundry facilities. Great tenant stability with room for significant rental upside.
    Exterior Features

    Carports 0 Construction Stucco Exterior Part LandscapedWood Deck Parking None Parking Spaces Total 0 Roof Composition Units With Garages 0

    Interior Features

    Cooling None Floor Coverings HardwoodTileVinylWall To Wall Carpet Floors Wood Heating Wall Laundry Owned Sq Ft Of Improvement 8252 Stories 2 Story Unit Furnished1 N Unit Furnished2 N Units With Dishwashers 0 Units With Disposals 0 Units With Drapes 12 Units With Ranges 12 Units With Refrigerators 12

    Property Features

    Actual Cap Rate 3.8 Actual Gardener Expense 1500 Actual Gas And Electric 1200 Actual Gross Scheduled Income 230400 Actual Maintenance Expense 12000 Actual Operating Expense 79000 Actual Pest Control Expense 1000 Actual Taxes Expense 40361 Actual Trash Expense 2100 Actual Water Sewer Expense 5000 Assumable Finance 0 Buildings 1 Complex Features None Financial Information Source Owner Gross Equity 100 Gross Multiplier 19.8 Have 12 Units University Hghts Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 19000 Motive Want Sell Other Income Actual 2400 Other Income Amount 200 Other Income Source Laundry Projected Fl Ins Expense 3804 Short Sale No Special None Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Terms CashCash To New LoanExchange DownExchange Up Unit Number1 8 Unit Number2 4 Unit Rent Total1 11600 Unit Rent Total2 7400 Unit Rent1 1450 Unit Rent2 1850 Unit Type Apartment Zoning R-3

    Listing provided courtesy of Re/Max Solutions. Listing information © 2019 San Diego MLS, Inc.
    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101