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1702-04 Una St

San Diego, CA 92113
  • $1,590,000
  • STATUS: ACTIVE
  • ON SITE: 38 Days
  • ID#: 240025588
$1,590,000
  • 0
    BEDS
  • N/A
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Includes two APNs 550-600-54-00 and 550-600-72-00. This is a must-see, turn-key property. Outstanding investment opportunity to potentially acquire 8 units with residential financing! Each building has its own APN, address and consists of 4 studios per building for a total of 8 studio units. Strong rental demand with potential upside in rents. Well-maintained with pride of ownership by a long-term owner. 4 units have been freshly painted & have undergone several recent updates. All units have been well maintained with updates over the years. Water heater ~2 years old in 1702 & new in 1704. Tenants enjoy two spacious outdoor areas, a BBQ area, and common laundry facilities which provide additional income. Drought-tolerant landscaping with drip irrigation for easy maintenance. The property is located in an opportunity zone and a neighborhood comprised of many single-family homes. Close to downtown, Navy Base SD, Barrio Logan, National City and so much more. Easy freeway access.

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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/157300161
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1702-04 Una St San Diego, CA 92113

  • Price: $1,590,000
  • Status: ACTIVE
  • On Site: 38 Days
  • ID#: 240025588
0
Beds
8
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Logan Heights (92113)
County:
San Diego
Area:
Logan Heights (92113)
Property Description
Includes two APNs 550-600-54-00 and 550-600-72-00. This is a must-see, turn-key property. Outstanding investment opportunity to potentially acquire 8 units with residential financing! Each building has its own APN, address and consists of 4 studios per building for a total of 8 studio units. Strong rental demand with potential upside in rents. Well-maintained with pride of ownership by a long-term owner. 4 units have been freshly painted & have undergone several recent updates. All units have been well maintained with updates over the years. Water heater ~2 years old in 1702 & new in 1704. Tenants enjoy two spacious outdoor areas, a BBQ area, and common laundry facilities which provide additional income. Drought-tolerant landscaping with drip irrigation for easy maintenance. The property is located in an opportunity zone and a neighborhood comprised of many single-family homes. Close to downtown, Navy Base SD, Barrio Logan, National City and so much more. Easy freeway access.
Exterior Features

Carports 0 Exterior All Auto SprinklersFully LandscapedPart FencedSatellite DishRemarks Parking None Parking Spaces Total 0 Roof Composition Units With Garages 0

Interior Features

Cooling None Floor Coverings TileVinylOther/Remarks Floors Other/RemarksSlab Heating Wall Laundry Owned Sq Ft Of Improvement 0 Stories 2 Story Units With Dishwashers 0 Units With Disposals 8 Units With Drapes 0 Units With Ranges 7 Units With Refrigerators 8

Property Features

Actual Cap Rate 5.53 Actual Gross Scheduled Income 121920.0 Actual Operating Expense 34051 Assumable Finance 0 Buildings 2 Complex Features BBQ Existing Financing Conventional Financial Information Source Owner Gross Equity 0 Gross Multiplier 13.04 Have 8 units Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 10100 Motive Want Sell Other Income Actual 720 Other Income Amount 720 Other Income Source Laundry 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 Loan Unit Number1 1 Unit Number2 2 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Number8 1 Unit Rent Total1 1275 Unit Rent Total2 1045 Unit Rent Total3 1040 Unit Rent Total4 1545 Unit Rent Total5 1410 Unit Rent Total6 1375 Unit Rent Total7 1475 Unit Rent Total8 935 Unit Rent1 1275 Unit Rent2 1045 Unit Rent3 1040 Unit Rent4 1545 Unit Rent5 1410 Unit Rent6 1375 Unit Rent7 1475 Unit Rent8 935 Unit Type Other/Remarks

San Diego MLS logo Listing provided courtesy of Tami Mccraw of Urban Dwellings: 619-884-9640. 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