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    319 E San Ysidro Blvd

    San Diego, CA 92173
    • $1,500,000
    • STATUS: PENDING
    • ON SITE: 185 days
    • ID#: 200042203
    Pending
    UPDATED: 77 min ago
    $1,500,000
    • 5
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    SELLER MOTIVATED!!! Contractor special! Mixed use value-add or redevelopment property in the community of San Ysidro. The asset is currently over built as 16 apartment units and 6 commercial spaces. Zoning requires the reversion to 8-multifamily units and 5-retail/office spaces. There are a total of four buildings: The rear building is a two-story four-plex consisting of two 1-bedroom / 1-bath apartments on the second floor and two Studio units on the ground floor. The front 2-story building has three commercial spaces on the ground floor and vacant apartment units on the second floor (there were 4 studios with plans to convert to one 4-bedroom apartment). The two single-story buildings on either side of the main front building are each currently built out as two Studio apartments with commercial space at the front.

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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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/109534860
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    319 E San Ysidro Blvd San Diego, CA 92173

    • Price: $1,500,000
    • Status: PENDING
    • Updated: 77 min ago
    • ID#: 200042203
    5
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    San Ysidro (92173)
    County:
    San Diego
    Area:
    San Ysidro (92173)
    Property Description
    SELLER MOTIVATED!!! Contractor special! Mixed use value-add or redevelopment property in the community of San Ysidro. The asset is currently over built as 16 apartment units and 6 commercial spaces. Zoning requires the reversion to 8-multifamily units and 5-retail/office spaces. There are a total of four buildings: The rear building is a two-story four-plex consisting of two 1-bedroom / 1-bath apartments on the second floor and two Studio units on the ground floor. The front 2-story building has three commercial spaces on the ground floor and vacant apartment units on the second floor (there were 4 studios with plans to convert to one 4-bedroom apartment). The two single-story buildings on either side of the main front building are each currently built out as two Studio apartments with commercial space at the front.
    Exterior Features

    Construction DrywallFrameStucco Exterior No Landscaping Parking Spaces

    Interior Features

    Cooling Wall/Window Sq Ft Of Improvement 6012 Stories 2 Story

    Property Features

    Actual Cap Rate 5.43 Actual Gross Scheduled Income 186660.0 Actual Operating Expense 71487 Assumable Finance 0 Complex Features None Gross Equity 1 Gross Multiplier 10.5 Have Units Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 9300 Motive Want Cash Out Other Income Amount 6255 Other Income Source Commercial Special Rent ControlOther/Remarks Sq Ft Source Tax Record Terms CashCash To New Loan Unit Number1 2 Unit Number2 5 Unit Number3 1 Unit Rent Total1 1800 Unit Rent Total2 5500 Unit Rent Total3 2000 Unit Rent1 900 Unit Rent3 2000 Unit Type Other/Remarks

    Listing provided courtesy of Svn / Vanguard. Listing information © 2021 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 © 2021 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