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15348-15358 Running Deer Trail

Poway, CA 92064
  • $2,149,000
  • STATUS: ACTIVE
  • ON SITE: 29 Days
  • ID#: 210030602
UPDATED: 15 min ago
$2,149,000
  • 10
    BEDS
  • N/A
    ACRES
  • 11
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

6 Spectacular Units on 4.43Acres PLUS Adjacent 2.41Acres Residential Lot. Legal 5-2BR,2BA 920sq.ft. Modern Manufactured Homes built in 2004 and frame/stucco Office Bldg with 1.5BA approx. 585sq.ft. Extraordinary "Value Add", Incredible Ocean and Mountain Views. Area of Large Estate Homes and Trails, near base of Mt. Woodson. Low Expenses Potential for Dream Home or 3 to 4 Additional Units. Seller is a Licensed CA Real Estate Broker. Plenty of parking for contractor equipment, RVs, ATVs, toys, etc... Drive by Only, Do Not Pull into the Driveway, Do Not Disturb Tenants. Contact Agent for additional photos, plans and other info. Modern Manufactures Homes permitted Legally by the State. Don't Wait, This Will Go Fast. 2 Lots As a Package Deal. See Attached Marketing Package.

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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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/123058835
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15348-15358 Running Deer Trail Poway, CA 92064

  • Price: $2,149,000
  • Status: ACTIVE
  • On Site: 29 Days
  • Updated: 15 min ago
  • ID#: 210030602
10
Beds
11
Baths
1
½ Baths
N/A
Acres
Neighborhood:
Poway (92064)
County:
San Diego
Area:
Poway (92064)
Property Description
6 Spectacular Units on 4.43Acres PLUS Adjacent 2.41Acres Residential Lot. Legal 5-2BR,2BA 920sq.ft. Modern Manufactured Homes built in 2004 and frame/stucco Office Bldg with 1.5BA approx. 585sq.ft. Extraordinary "Value Add", Incredible Ocean and Mountain Views. Area of Large Estate Homes and Trails, near base of Mt. Woodson. Low Expenses Potential for Dream Home or 3 to 4 Additional Units. Seller is a Licensed CA Real Estate Broker. Plenty of parking for contractor equipment, RVs, ATVs, toys, etc... Drive by Only, Do Not Pull into the Driveway, Do Not Disturb Tenants. Contact Agent for additional photos, plans and other info. Modern Manufactures Homes permitted Legally by the State. Don't Wait, This Will Go Fast. 2 Lots As a Package Deal. See Attached Marketing Package.
Exterior Features

Construction FrameStuccoOther/Remarks Exterior Part FencedPart LandscapedRv ParkingWood FenceRemarks Parking SpacesOther/Remarks Parking Spaces Total 12 Roof CompositionOther/Remarks

Interior Features

Cooling Central Forced Air ElecOther Floor Coverings VinylOther/Remarks Floors Other/RemarksSlab Heating Central Forced Air GasOther/Remarks Laundry Owned Sq Ft Of Improvement 5185 Stories 1 Story Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Unit Furnished5 No Unit Furnished6 No Units With Dishwashers 0 Units With Disposals 0 Units With Drapes 0 Units With Ranges 6 Units With Refrigerators 6

Property Features

Actual Cap Rate 3.87 Actual Cash Flow 41107 Actual Cash On Cash 4.65 Actual Gross Operating Income 138000 Actual Gross Scheduled Income 138000.0 Actual Operating Expense 52008 Actual Prop Management 0 Actual Taxes Expense 12000 Actual Total Expense 32008 Actual Total Pi Pay 42125 Actual Vacancy And Credit Loss 2760 Assumable Finance 0 Buildings 6 Complex Features Rv ParkingOther/Remarks Existing Financing Other/Remarks Financial Information Source OwnerOther/Remarks Gross Equity 1749000 Gross Multiplier 15.57 Have 5 Mh + One Office Bldg Leased Apartments 6 Mandatory Remarks None Known Market Area North County Inland Monthly Rent Total 11500 Motive Want Exchange Other Income Actual 0 Present Loan 400000 Projected Cap Rate 5.12 Projected Cash Flow 67802 Projected Cash On Cash 7.67 Projected Fl Ins Expense 3650 Projected Fl Ins Expense1 3900 Projected Gross Multiplier 13.01 Projected Gross Operating Inc 165240 Projected Manager Expense 6900 Projected Net Income 109027 Projected Operating Expense 0 Projected Other Income 0 Projected Taxes Expense 25788 Projected Total Expense 52008 Special Rent ControlSellers Are Re LicenseesOther/Remarks Sq Ft Source Buyer To Verify Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Terms CashCash To New LoanExchange UpOther/Remarks Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Rent Total1 925 Unit Rent Total2 1745 Unit Rent Total3 2250 Unit Rent Total4 2350 Unit Rent Total5 2350 Unit Rent Total6 1880 Unit Rent1 925 Unit Rent2 1745 Unit Rent3 2250 Unit Rent4 2350 Unit Rent5 2350 Unit Rent6 1880 Unit Type Other/Remarks

Listing provided courtesy of Siemienowski & Associates. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101