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3209 L Street

San Diego, CA 92102
  • $3,995,000
  • STATUS: ACTIVE
  • ON SITE: 56 Days
  • ID#: 220029267
UPDATED: 46 min ago
$3,995,000
  • 20
    BEDS
  • 0.12
    ACRES
  • 13
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

New construction 5-plex in Golden Hill! Located in a designated Opportunity zone, this townhome style apartment complex consists of (5) 4-bedroom townhomes! All units have in unit washer/dryer, as well as private outdoor balconies. Projected rent for each unit is $4,250. This asset is under construction and has not been put into use. Seller expects to complete the project March of 2023. Appliances will be provided.

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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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/135240004
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3209 L Street San Diego, CA 92102

  • Price: $3,995,000
  • Status: ACTIVE
  • On Site: 56 Days
  • Updated: 46 min ago
  • ID#: 220029267
20
Beds
13
Baths
1
½ Baths
0.12
Acres
Neighborhood:
San Diego (92102)
County:
San Diego
Area:
San Diego (92102)
Property Description
New construction 5-plex in Golden Hill! Located in a designated Opportunity zone, this townhome style apartment complex consists of (5) 4-bedroom townhomes! All units have in unit washer/dryer, as well as private outdoor balconies. Projected rent for each unit is $4,250. This asset is under construction and has not been put into use. Seller expects to complete the project March of 2023. Appliances will be provided.
Exterior Features

Lot Dimensions Approx 37.5X140 Parking Spaces Parking Spaces Total 3 Roof Composition Units With Garages 0

Interior Features

Cooling Central Forced Air Elec Heating Central Forced Air Elec Laundry Owned Sq Ft Of Improvement 7070 Stories 3 Story Units With Dishwashers 5 Units With Disposals 0 Units With Drapes 0 Units With Ranges 5 Units With Refrigerators 5

Property Features

Actual Gross Scheduled Income 0.0 Actual Operating Expense 0 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 15.66 Have 5-Plex Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 21250 Motive Want Sell Projected Cap Rate 4.5 Projected Gross Scheduled Inc 255000 Projected Net Income 178500 Projected Operating Expense 76500 Short Sale No Terms CashCash To New LoanExchange Up Unit Number1 5 Zoning Rm-3-7

San Diego MLS logo Listing provided courtesy of Matt Davies, Broker: [IDXCONTACTINFORMATION]. Listing information © 2023 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101