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2216-20 Dunlop St.

San Diego, CA 92111
  • $3,200,000
  • STATUS: ACTIVE
  • ON SITE: 13 Days
  • ID#: 220028006
UPDATED: 32 min ago
$3,200,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Offers Due December 2nd, 2022 Contiguous Duplex and 8-Unit Complex to be sold together or separately with 2931 Mission Blvd. We are pleased to present 2216-20 Dunlop St in the neighborhood of Linda Vista within San Diego. These Two Properties (8-Unit & Duplex) rest on contiguous lots totaling 9,509 square feet with 4,048 rentable square feet. 2216-18 Dunlop is comprised of two 1 Bed / 1 Bath units and 2220 Dunlop is comprised of eight 1 Bed / 1 Bath units. This property offers investors the unique opportunity to acquire a nearly fully renovated property with 8 renovated units and rental upside. Amenities for units include fenced yards and eleven off-street parking spaces. This asset is centrally located only 1.5 miles to Fashion Valley, 1.6 miles to USD, & 1.2 miles to Tecolote Canyon Trails. Disclaimer: Priced For Immediate Sale. 2931 Mission Blvd. & 2216-20 Dunlop St. Shall Be Sold Jointly And Contingent Upon Each Other's Closings. Seller Is Not Liable For Any Of Buyers Due Diligence Expenses, Lender Expenses Or Any Other Expenses Buyer May Incur During Escrow If Either Property Does Not Close.

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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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/134743171
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2216-20 Dunlop St. San Diego, CA 92111

  • Price: $3,200,000
  • Status: ACTIVE
  • On Site: 13 Days
  • Updated: 32 min ago
  • ID#: 220028006
1
Beds
1
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Linda Vista (92111)
County:
San Diego
Area:
Linda Vista (92111)
Property Description
Offers Due December 2nd, 2022 Contiguous Duplex and 8-Unit Complex to be sold together or separately with 2931 Mission Blvd. We are pleased to present 2216-20 Dunlop St in the neighborhood of Linda Vista within San Diego. These Two Properties (8-Unit & Duplex) rest on contiguous lots totaling 9,509 square feet with 4,048 rentable square feet. 2216-18 Dunlop is comprised of two 1 Bed / 1 Bath units and 2220 Dunlop is comprised of eight 1 Bed / 1 Bath units. This property offers investors the unique opportunity to acquire a nearly fully renovated property with 8 renovated units and rental upside. Amenities for units include fenced yards and eleven off-street parking spaces. This asset is centrally located only 1.5 miles to Fashion Valley, 1.6 miles to USD, & 1.2 miles to Tecolote Canyon Trails. Disclaimer: Priced For Immediate Sale. 2931 Mission Blvd. & 2216-20 Dunlop St. Shall Be Sold Jointly And Contingent Upon Each Other's Closings. Seller Is Not Liable For Any Of Buyers Due Diligence Expenses, Lender Expenses Or Any Other Expenses Buyer May Incur During Escrow If Either Property Does Not Close.
Exterior Features

Parking Spaces Parking Spaces Total 11

Interior Features

Cooling None Heating Wall Sq Ft Of Improvement 4048

Property Features

Actual Cap Rate 3.41 Actual Gross Scheduled Income 183240.0 Actual Operating Expense 68599 Assumable Finance 0 Buildings 2 Complex Features Other/Remarks Gross Equity 1800000 Gross Multiplier 17.46 Have Real Estate Mandatory Remarks None Known Market Area Metro Monthly Rent Total 15270 Motive Want Sell Projected Cap Rate 5.48 Projected Gross Multiplier 12.76 Unit Number1 10 Unit Rent1 1527

San Diego MLS logo Listing provided courtesy of Marcus & Millichap: [IDXCONTACTINFORMATION]. Listing information © 2022 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 © 2022 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