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    3817 41st Street

    San Diego, CA 92105
    • $2,599,000
    • STATUS: ACTIVE
    • ON SITE: 10 days
    • ID#: 200048389
    UPDATED: 77 min ago
    $2,599,000
    • 6
      BEDS
    • 0.23
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    3817 41st Street features 10 LARGE rental units built in 1988 and situated on a double wide 10,214 SF Lot with 2 APN'S. The 8,484 livable SF property features 8 parking spaces, laundry facility, and a double garage/storage space. The unit mix boasts (4) 3Bed / 2Bath, (4) 2Bed / 2Baths and (2) 1Bed / 1Baths. There is immediate rental upside for all units and currently makes over $16,000 a month. Six units have been remodeled this year. DO NOT WALK ON PROPERTY OR DISTURB TENANTS.

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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/110948100
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    3817 41st Street San Diego, CA 92105

    • Price: $2,599,000
    • Status: ACTIVE
    • Updated: 77 min ago
    • ID#: 200048389
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.23
    Acres
    Neighborhood:
    East San Diego (92105)
    County:
    San Diego
    Area:
    East San Diego (92105)
    Property Description
    3817 41st Street features 10 LARGE rental units built in 1988 and situated on a double wide 10,214 SF Lot with 2 APN'S. The 8,484 livable SF property features 8 parking spaces, laundry facility, and a double garage/storage space. The unit mix boasts (4) 3Bed / 2Bath, (4) 2Bed / 2Baths and (2) 1Bed / 1Baths. There is immediate rental upside for all units and currently makes over $16,000 a month. Six units have been remodeled this year. DO NOT WALK ON PROPERTY OR DISTURB TENANTS.
    Exterior Features

    Carports 0 Parking Spaces Total 8 Units With Garages 0

    Interior Features

    Cooling Wall/Window Sq Ft Of Improvement 8484 Unit Furnished1 0 Unit Furnished2 0 Unit Furnished3 0 Units With Dishwashers 10 Units With Disposals 10 Units With Ranges 10 Units With Refrigerators 10

    Property Features

    Actual Cap Rate 4.6 Actual Cash On Cash 3.3 Actual Gross Scheduled Income 196584.0 Actual Operating Expense 73663 Assumable Finance 0 Buildings 2 Gross Equity 2599000 Gross Multiplier 13.2 Have 10 Xl Units - 3S And 2S Leased Apartments 10 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 16382 Motive Want Cash Out / Exchange Projected Cap Rate 5.6 Projected Cash On Cash 6 Projected Gross Multiplier 11.6 Short Sale No Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 4 Unit Number2 4 Unit Number3 2 Unit Rent Total1 7724 Unit Rent Total2 6284 Unit Rent1 1931 Unit Rent2 1571 Unit Rent3 1137

    Listing provided courtesy of South Coast Commercial, Inc.. 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