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375-81 Rosecrans St

San Diego, CA 92106
  • $5,200,000
  • STATUS: ACTIVE
  • ON SITE: 86 Days
  • ID#: 240021758
UPDATED: 38 min ago
$5,200,000
  • 17
    BEDS
  • 0.17
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Presenting a rare Opportunity for 8 units in the La Playa neighborhood of Point Loma, one of San Diego's most coveted neighborhoods, surrounded by water and home to yacht clubs, a vibrant restaurant community, Liberty Station with its Loma Club golf facility, dining, breweries, and park open space for kids of all ages. Located one block to Kellogg Beach; a small neighborhood beach with calm waters, and access to the La Playa Trail for walkers of all abilities. 8 tidy units; 7 are two bedroom/one bath and a 3 bedroom 2 bath. Tremendous upside potential as vacation rentals. Built in the 1950s by the family who are now offering it up for sale. Own a piece of Point Loma history.

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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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/155124030
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375-81 Rosecrans St San Diego, CA 92106

  • Price: $5,200,000
  • Status: ACTIVE
  • On Site: 86 Days
  • Updated: 38 min ago
  • ID#: 240021758
17
Beds
8
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Point Loma (92106)
County:
San Diego
Area:
Point Loma (92106)
Property Description
Presenting a rare Opportunity for 8 units in the La Playa neighborhood of Point Loma, one of San Diego's most coveted neighborhoods, surrounded by water and home to yacht clubs, a vibrant restaurant community, Liberty Station with its Loma Club golf facility, dining, breweries, and park open space for kids of all ages. Located one block to Kellogg Beach; a small neighborhood beach with calm waters, and access to the La Playa Trail for walkers of all abilities. 8 tidy units; 7 are two bedroom/one bath and a 3 bedroom 2 bath. Tremendous upside potential as vacation rentals. Built in the 1950s by the family who are now offering it up for sale. Own a piece of Point Loma history.
Exterior Features

Carports 0 Construction FrameStucco Exterior Fully LandscapedPart FencedWood Deck Parking Spaces Parking Spaces Total 6 Roof Composition Units With Garages 0

Interior Features

Cooling None Sq Ft Of Improvement 7153 Stories 2 Story Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Unit Furnished5 No Unit Furnished6 No Unit Furnished7 No Unit Furnished8 No Units With Ranges 8 Units With Refrigerators 8

Property Features

Actual Cap Rate 3.24 Actual Cash Flow 168698 Actual Gross Scheduled Income 209328.0 Actual Operating Expense 40630 Actual Total Pi Pay 0 Assumable Finance 0 Buildings 1 Complex Features None Existing Financing Clear Financial Information Source Other/Remarks Gross Equity 5200000 Gross Multiplier 24.8 Have 8 units in La Playa Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 17444 Motive Want cash out Other Income Source laundry Short Sale No Special Rent Control Sq Ft Source Buyer to VerifyTax Record Tenant Pays Electric y Tenant Pays Gas y Tenant Pays Water n Terms CashCash to New Loan Unit Rent1 1958 Unit Rent2 2745 Unit Rent3 2295 Unit Rent4 1392 Unit Rent5 2085 Unit Rent6 2295 Unit Rent7 3295 Unit Rent8 1379 Unit Type Apartment

San Diego MLS logo Listing provided courtesy of Paul Hartley of Paul Hartley Realty: 619-222-7443. Listing information © 2024 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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