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    2685-87 J St

    San Diego, CA 92102
    • $950,000
    • STATUS: ACTIVE
    • ON SITE: 63 days
    • ID#: 200047005
    UPDATED: 62 min ago
    $950,000
    • 4
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,352
      SQFT
    • $404
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2012
    County:

    School Ratings & Info

    Description

    Don't miss this opportunity to own 4 units with views East of downtown SD. The property, 2685 J Street, sits on top of grant hill in the quiet and up and coming neighborhood of Sherman Heights. Tenants here enjoy onsite laundry, private patios with aerial city views, and grant hill park across the street. This investment has plenty of value add potential. Do not miss the chance to own a property in 92102 (with amazing views) in the opportunity zone. Two units here are partitioned into 2bed/1bath units.

    Monthly Payment Calculator

    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/110559685
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    2685-87 J St San Diego, CA 92102

    • Price: $950,000
    • Status: ACTIVE
    • Updated: 62 min ago
    • ID#: 200047005
    4
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,352
    SQFT
    $404
    $/SQFT
    2012
    Built
    Neighborhood:
    Sherman Heights
    County:
    San Diego
    Area:
    San Diego (92102)
    Property Description
    Don't miss this opportunity to own 4 units with views East of downtown SD. The property, 2685 J Street, sits on top of grant hill in the quiet and up and coming neighborhood of Sherman Heights. Tenants here enjoy onsite laundry, private patios with aerial city views, and grant hill park across the street. This investment has plenty of value add potential. Do not miss the chance to own a property in 92102 (with amazing views) in the opportunity zone. Two units here are partitioned into 2bed/1bath units.
    Exterior Features

    Exterior Stucco Fencing Gate Frontage Open Space Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 4

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 4 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

    Property Features

    Actual Cap Rate 3.6 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 23410 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community San Diego Complex Features Laundry Facilities Complex Park 2685 J St Cross Streets J And 27th St Gross Rent Multiplier Actual 16.5 Gross Rent Multiplier Project 12.0 Gross Scheduled Income Actual 60483 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 5.8 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Electricity Terms CashConventionalExchangeFha Unit Number For Unit1 2683 Unit Number For Unit2 2685 Unit Number For Unit3 2687 Unit Number4 2689 Unit1 Deposit 1200 Unit1 Occupied Tenant Unit1 Rent Actual 1249.0 Unit2 Deposit 1200 Unit2 Occupied Tenant Unit2 Rent Actual 1200.0 Unit3 Deposit 1200 Unit3 Occupied Tenant Unit3 Rent Actual 1262.0 Unit4 Deposit 1300 Unit4 Occupied Tenant Unit4 Rent Actual 1350.0 Zoning Rm 1-1

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2020 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 © 2020 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