1661-63-65 Elm Ave

    San Diego, CA 92154
    • $1,400,000
    • STATUS: ACTIVE
    • ON SITE: 12 days
    • ID#: 190043876
    UPDATED: 30 min ago
    $1,400,000
    • 8
      BEDS
    • 0.21
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,922
      SQFT
    • $357
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:

    Description

    Beautifully planned Triplex with 3 separate units! Pride of ownership and rare investment opportunity! 2 units are NEWLY CONSTRUCTED with permits. Close to the beach and military bases. (1)3bd/2ba 2 story with 2 car garage built in 2019, (2)3bd/2ba built in 2016 & (3)2bd/1ba updated and new roof. All units have a laundry room & hook ups, private yard, and separately metered for all utilities.

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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/97698480

    1661-63-65 Elm Ave San Diego, CA 92154

    • Price: $1,400,000
    • Status: ACTIVE
    • Updated: 30 min ago
    • ID#: 190043876
    8
    Beds
    5
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,922
    SQFT
    $357
    $/SQFT
    2019
    Built
    Neighborhood:
    Imperial Beach Gardens
    County:
    San Diego
    Area:
    Otay Mesa (92154)
    Elementary School:
    South Bay Union School District
    Middle School:
    Sweetwater Union High School District
    High School:
    Sweetwater Union High School District
    Property Description
    Beautifully planned Triplex with 3 separate units! Pride of ownership and rare investment opportunity! 2 units are NEWLY CONSTRUCTED with permits. Close to the beach and military bases. (1)3bd/2ba 2 story with 2 car garage built in 2019, (2)3bd/2ba built in 2016 & (3)2bd/1ba updated and new roof. All units have a laundry room & hook ups, private yard, and separately metered for all utilities.
    Exterior Features

    Exterior Wood/Stucco Fencing Partial Parking For RV None Known Parking Garage Desc Unit1 Attached Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Spaces Unit1 2 Roof CompositionTile/Clay Site Public Street Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 0

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 1 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 1 Units With Washers 0 Water Heater Type Gas

    Property Features

    Actual Cap Rate 3 Age Restrictions Other/Remarks Annual Expense Actual 12843 Annual Expense Projected 15000 Association ID North San Diego County Association Of Realtors (Nsdcar) Buildings 3 Cfd Mello Roos Fee 0 Community San Diego Complex Park None Cross Streets Thermal Ave Gross Rent Multiplier Actual 23 Gross Rent Multiplier Project 16 Gross Scheduled Income Actual 53400 Gross Scheduled Income Project 76800 Home Owners Fees 0 Mandatory Remarks None Known Market Area South Bay Monthly Total Fees 0 Net Operating Income Projected 73800 Other Fees 0 Other Income Actual 6600 Pets Yes Projected Cap Rate 5 Projected Other Income 12000 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays TrashWaterCable TvElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1661 Unit Number For Unit2 1663 Unit Number For Unit3 1665 Unit1 Deposit 2300 Unit1 Occupied Tenant Unit1 Projected Rent 2600 Unit1 Rent Actual 2300 Unit2 Deposit 1500 Unit2 Occupied Tenant Unit2 Projected Rent 2200 Unit2 Rent Actual 2150 Unit3 Deposit 0 Unit3 Occupied Owner Unit3 Projected Rent 1600 Unit3 Rent Actual 0 Water Meter On Property Zoning Rm 1-1

    Listing provided courtesy of Trust Properties Usa. Listing information © 2019 San Diego MLS Inc. Source: CRMLS
    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