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3262 Imperial

San Diego, CA 92102
  • $1,649,999
  • STATUS: ACTIVE
  • ON SITE: 32 Days
  • ID#: 220026663
UPDATED: 25 min ago
$1,649,999
  • 9
    BEDS
  • 0.11
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2021
County:

School Ratings & Info

Description

Location, Location, Location!!! 3 Units!!! Each brand new unit features 3 bedroom 2.5 bath and it's own attached 2 car garage. All 3 units are 100% occupied. This garden-style community is located along Imperial Avenue in highly sought after south San Diego area. Each individual and detached unit is constructed with wood-frame and block stucco exteriors, pitched roofs with composite shingles and low maintenance landscaping. Community amenities include in-unit laundry room, private balconies, decorative iron fencing and ample space between units. The property is gated for security with a peaceful and lush environment for the residents. The Owners have added an additional bedroom to each unit and a parking security gate, making the community gated and private for its tenants. There are two separate 3 unit properties being offered which can be purchased together for a combined 6 units if desired. Community is 100% occupied and in excellent condition with the potential of increased rents for the investors looking to add to their return. Located one mile south of the Highway 94 in central San Diego. The neighborhood is surrounded by employment, transportation corridors, schools, shopping, and entertainment. The neighborhood is located just east of bustling downtown San Diego, south of Balboa Park, the San Diego Zoo, and multiple museums, and only 6 miles from the San Diego International Airport. Well located and unique, the Imperial Avenue apartments represent a strong cash flowing asset with an upside opportunity in the high demand rental submarket of San Diego. Location, Location, Location!!! 3 Units!!! Each brand new unit features 3 bedroom 2.5 bath and it's own attached 2 car garage. All 3 units are 100% occupied. This garden-style community is located along Imperial Avenue in highly sought after south San Diego area. Each individual and detached unit is constructed with wood-frame and block stucco exteriors, pitched roofs with composite shingles and low maintenance landscaping. Community amenities include in-unit laundry room, private balconies, decorative iron fencing and ample space between units. The property is gated for security with a peaceful and lush environment for the residents. The Owners have added an additional bedroom to each unit and a parking security gate, making the community gated and private for its tenants. There are two separate 3 unit properties being offered which can be purchased together for a combined 6 units if desired. Community is 100% occupied and in excellent condition with the potential of increased rents for the investors looking to add to their return. Located one mile south of the Highway 94 in central San Diego. The neighborhood is surrounded by employment, transportation corridors, schools, shopping, and entertainment. The neighborhood is located just east of bustling downtown San Diego, south of Balboa Park, the San Diego Zoo, and multiple museums, and only 6 miles from the San Diego International Airport. Well located and unique, the Imperial Avenue apartments represent a strong cash flowing asset with an upside opportunity in the high demand rental submarket of San Diego.

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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.
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3262 Imperial San Diego, CA 92102

  • Price: $1,649,999
  • Status: ACTIVE
  • On Site: 32 Days
  • Updated: 25 min ago
  • ID#: 220026663
9
Beds
6
Baths
0
½ Baths
0.11
Acres
2021
Built
Neighborhood:
Grant Hill
County:
San Diego
Area:
San Diego (92102)
Property Description
Location, Location, Location!!! 3 Units!!! Each brand new unit features 3 bedroom 2.5 bath and it's own attached 2 car garage. All 3 units are 100% occupied. This garden-style community is located along Imperial Avenue in highly sought after south San Diego area. Each individual and detached unit is constructed with wood-frame and block stucco exteriors, pitched roofs with composite shingles and low maintenance landscaping. Community amenities include in-unit laundry room, private balconies, decorative iron fencing and ample space between units. The property is gated for security with a peaceful and lush environment for the residents. The Owners have added an additional bedroom to each unit and a parking security gate, making the community gated and private for its tenants. There are two separate 3 unit properties being offered which can be purchased together for a combined 6 units if desired. Community is 100% occupied and in excellent condition with the potential of increased rents for the investors looking to add to their return. Located one mile south of the Highway 94 in central San Diego. The neighborhood is surrounded by employment, transportation corridors, schools, shopping, and entertainment. The neighborhood is located just east of bustling downtown San Diego, south of Balboa Park, the San Diego Zoo, and multiple museums, and only 6 miles from the San Diego International Airport. Well located and unique, the Imperial Avenue apartments represent a strong cash flowing asset with an upside opportunity in the high demand rental submarket of San Diego. Location, Location, Location!!! 3 Units!!! Each brand new unit features 3 bedroom 2.5 bath and it's own attached 2 car garage. All 3 units are 100% occupied. This garden-style community is located along Imperial Avenue in highly sought after south San Diego area. Each individual and detached unit is constructed with wood-frame and block stucco exteriors, pitched roofs with composite shingles and low maintenance landscaping. Community amenities include in-unit laundry room, private balconies, decorative iron fencing and ample space between units. The property is gated for security with a peaceful and lush environment for the residents. The Owners have added an additional bedroom to each unit and a parking security gate, making the community gated and private for its tenants. There are two separate 3 unit properties being offered which can be purchased together for a combined 6 units if desired. Community is 100% occupied and in excellent condition with the potential of increased rents for the investors looking to add to their return. Located one mile south of the Highway 94 in central San Diego. The neighborhood is surrounded by employment, transportation corridors, schools, shopping, and entertainment. The neighborhood is located just east of bustling downtown San Diego, south of Balboa Park, the San Diego Zoo, and multiple museums, and only 6 miles from the San Diego International Airport. Well located and unique, the Imperial Avenue apartments represent a strong cash flowing asset with an upside opportunity in the high demand rental submarket of San Diego.
Exterior Features

Exterior StuccoWoodWood/Stucco Fencing Partial Irrigation N/K Parking Garage Desc Unit1 Attached Parking Garage Desc Unit2 Attached Parking Garage Desc Unit3 Attached Pool N/K Roof Composition Site Street Paved Spa N/K Topography Level Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 3 Units With Patios 3 View City

Interior Features

Cooling Other/Remarks Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 1 Half Baths Unit3 1 Heat Equipment Other/Remarks Heat Source Other/Remarks Stories 3 Story Total Baths Unit1 3 Total Baths Unit2 3 Total Baths Unit3 3 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 0 Units With Washers 0 Water Heater Type Other/Remarks

Property Features

Actual Cap Rate 5.2 Age Restrictions N/K Annual Expense Actual 35730 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0.0 Community San Diego Complex Features Gated Community Complex Park Imperial Villas Cross Streets 32nd Street Gross Rent Multiplier Actual 16.28 Gross Scheduled Income Actual 107460 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 5.4 Sales Restrictions N/K Security Gated Community Sewer Septic Sewer Connected Short Sale No Tenant Pays TrashWaterCable TvElectricityGas/Propane Terms Cal VetCashConventionalFhaVa Unit Number For Unit1 3264 Unit Number For Unit2 3266 Unit Number For Unit3 3268 Unit1 Deposit 1000 Unit1 Occupied Tenant Unit1 Projected Rent 3600.0 Unit1 Rent Actual 2900.0 Unit2 Deposit 2000 Unit2 Occupied Tenant Unit2 Projected Rent 3600.0 Unit2 Rent Actual 2630.0 Unit3 Deposit 2000 Unit3 Occupied Tenant Unit3 Projected Rent 3600 Unit3 Rent Actual 2830.0 Water Meter On Property

San Diego MLS logo Listing provided courtesy of Reef Point Realty, Inc: [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