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    3111 Byron Street

    San Diego, CA 92106
    • $1,795,000
    • STATUS: ACTIVE
    • ON SITE: 96 days
    • ID#: 200041910
    $1,795,000
    • 6
      BEDS
    • 0.11
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,625
      SQFT
    • $684
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1974
    County:

    School Ratings & Info

    Description

    Shore Management presents a wonderful multi-unit investment opportunity in the Roseville Neighborhood of Point Loma. This residential complex, built-in 1974, consists of three units, each with 2 bedrooms and 1.5 bathrooms. There is a private patio area for each unit; in addition to ample off-street parking. The property borders La Playa and has quick access to biking & walking paths, bay and beaches, Liberty Station, and the San Diego Yacht Club. Close proximity to PLNU and downtown San Diego. Each unit currently generates $1850/mo in rent with great upside potential.

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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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/109492253
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    3111 Byron Street San Diego, CA 92106

    • Price: $1,795,000
    • Status: ACTIVE
    • ID#: 200041910
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,625
    SQFT
    $684
    $/SQFT
    1974
    Built
    Neighborhood:
    Roseville
    County:
    San Diego
    Area:
    Point Loma (92106)
    Property Description
    Shore Management presents a wonderful multi-unit investment opportunity in the Roseville Neighborhood of Point Loma. This residential complex, built-in 1974, consists of three units, each with 2 bedrooms and 1.5 bathrooms. There is a private patio area for each unit; in addition to ample off-street parking. The property borders La Playa and has quick access to biking & walking paths, bay and beaches, Liberty Station, and the San Diego Yacht Club. Close proximity to PLNU and downtown San Diego. Each unit currently generates $1850/mo in rent with great upside potential.
    Exterior Features

    Exterior Stucco Fencing Partial Roof Rolled/Hot Mop Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 1 Half Baths Unit3 1 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 3 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0

    Property Features

    Actual Cap Rate 2.4 Age Restrictions N/K Annual Expense Actual 23702 Annual Expense Projected 37711 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Point Loma Complex Park None Cross Streets Locust Gross Rent Multiplier Actual 26.79 Gross Scheduled Income Actual 66380 Gross Scheduled Income Project 86220 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 48508 Other Fees 0.0 Other Income Actual 632 Projected Cap Rate 2.7 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Cable TvElectricityGas/Propane Terms CashConventional Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit1 Deposit 1850 Unit1 Occupied Tenant Unit1 Projected Rent 2395.0 Unit1 Rent Actual 1850.0 Unit2 Deposit 1850 Unit2 Occupied Tenant Unit2 Projected Rent 2395.0 Unit2 Rent Actual 1850.0 Unit3 Deposit 2500 Unit3 Occupied Tenant Unit3 Projected Rent 2495 Unit3 Rent Actual 2495.0 Zoning Rm-3-7

    Listing provided courtesy of Shore Management, 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