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    3542-44 47th Street

    San Diego, CA 92105
    • $610,000
    • STATUS: ACTIVE
    • ON SITE: 15 days
    • ID#: 200047634
    $610,000
    • 5
      BEDS
    • 0.14
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,039
      SQFT
    • $299
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    Description

    The opportunity to own Two Detached Houses that are both over 1,000 square feet. This true Value-Add opportunity is the best cap rate deal on the market where the tenants are month-to-month and. The property shares a fenced yard with two detached houses next door; providing a rare opportunity to own three-detached houses on two separate Parcels totaling .22 Acres (9,767 sq ft) of Lot. The current price is for just 3542-44, but but at present time both Properties MUST Be Sold Together MLS #200040160

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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/110729511
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    3542-44 47th Street San Diego, CA 92105

    • Price: $610,000
    • Status: ACTIVE
    • ID#: 200047634
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,039
    SQFT
    $299
    $/SQFT
    1986
    Built
    Neighborhood:
    Fairmount Village
    County:
    San Diego
    Area:
    East San Diego (92105)
    Elementary School:
    San Diego Unified School District
    Middle School:
    San Diego Unified School District
    High School:
    San Diego Unified School District
    Property Description
    The opportunity to own Two Detached Houses that are both over 1,000 square feet. This true Value-Add opportunity is the best cap rate deal on the market where the tenants are month-to-month and. The property shares a fenced yard with two detached houses next door; providing a rare opportunity to own three-detached houses on two separate Parcels totaling .22 Acres (9,767 sq ft) of Lot. The current price is for just 3542-44, but but at present time both Properties MUST Be Sold Together MLS #200040160
    Exterior Features

    Exterior Vinyl Fencing Full Parking Non Garage Desc Unit1 Gated Parking Non Garage Desc Unit2 Gated Roof Composition Site Alley Access Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0

    Interior Features

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

    Property Features

    Actual Cap Rate 5.71 Age Restrictions N/K Annual Expense Actual 13445 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community City Heights Complex Park N/A Cross Streets Myrtle Avenue; Dwight Avenue Gross Rent Multiplier Actual 12.25 Gross Rent Multiplier Project 10.82 Gross Scheduled Income Actual 49800 Gross Scheduled Income Project 56400 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 6.77 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays N/K Terms CashConventionalFhaVa Unit Number For Unit1 3542 Unit Number For Unit2 3544 Unit1 Deposit 900 Unit1 Occupied Tenant Unit1 Projected Rent 2050.0 Unit1 Rent Actual 1695.0 Unit2 Deposit 1000 Unit2 Occupied Tenant Unit2 Projected Rent 2650.0 Unit2 Rent Actual 2455.0 Water District City Of San Diego

    Listing provided courtesy of Marcus & Millichap. 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