3640 Arey Drive (10 Town Homes S/L)

    Otay Mesa, CA 92154
    • $3,098,333
    • STATUS: ACTIVE
    • ON SITE: 182 days
    • ID#: 190009190
    $3,098,333
    • 30
      BEDS
    • N/A
      ACRES
    • 20
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Refer to listing 190005465 this listing is 10 Three Bedroom, 2 Bath Single Level Investor Owned Town Homes. Great Investment Opportunity. Some units have Ocean views and breezes. Units are rented below market value $(2,100). Value added deal Potential for upside selling off individual units. Income potential is $756,000. Units sold at $350,000 during the market peak.

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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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/91916620

    3640 Arey Drive (10 Town Homes S/L) Otay Mesa, CA 92154

    • Price: $3,098,333
    • Status: ACTIVE
    • ID#: 190009190
    30
    Beds
    20
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Otay Mesa (92154)
    County:
    San Diego
    Area:
    Otay Mesa (92154)
    Property Description
    Refer to listing 190005465 this listing is 10 Three Bedroom, 2 Bath Single Level Investor Owned Town Homes. Great Investment Opportunity. Some units have Ocean views and breezes. Units are rented below market value $(2,100). Value added deal Potential for upside selling off individual units. Income potential is $756,000. Units sold at $350,000 during the market peak.
    Exterior Features

    Construction DrywallStuccoOther/Remarks Exterior Auto Front SprinklersCable AvailableWood Fence Parking Spaces

    Interior Features

    Cooling Other Floor Coverings Other/Remarks Laundry Owned Sq Ft Of Improvement 10710

    Property Features

    Actual Gross Scheduled Income 187219 Actual Operating Expense 62279 Assumable Finance 0 Existing Financing ConventionalVaOther/Remarks Financial Information Source OwnerOther/Remarks Gross Equity 2081667 Gross Multiplier 16.54 Have 3 Br Rental S/L Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 1560 Motive Want Open Short Sale No Unit Number1 10

    Listing provided courtesy of Wolf Real Estate Group. Listing information © 2019 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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101