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3918 Oregon Street

San Diego, CA 92104
  • $3,950,000
  • STATUS: PENDING
  • ON SITE: 4 Days
  • ID#: 220020106
Pending
UPDATED: 14 min ago
$3,950,000
  • 3
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are proud to present 3918 Oregon Street, a meticulously cared for 10-unit apartment complex located in the high demand rental market of North Park, literally steps from some of the best dining and retail San Diego has to offer. This unique property was built in 1959 and consists of 6,480 livable square feet situated on a 7,000 square foot lot. The property features (1) Two Bedroom / One Bath unit, and (9) favorably spacious One bedroom / One Bath units – most of which boast walk in closets and space to add washer dryer hookups...................................... Listed for sale with 3911 Oregon Street...........................................ADU OPPORTUNITY - Large storage space and garage not leased to any tenants available for conversion.

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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.
www.sellsandiego.com/homes/131552436
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3918 Oregon Street San Diego, CA 92104

  • Price: $3,950,000
  • Status: PENDING
  • On Site: 4 Days
  • Updated: 14 min ago
  • ID#: 220020106
3
Beds
2
Baths
0
½ Baths
0.16
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
We are proud to present 3918 Oregon Street, a meticulously cared for 10-unit apartment complex located in the high demand rental market of North Park, literally steps from some of the best dining and retail San Diego has to offer. This unique property was built in 1959 and consists of 6,480 livable square feet situated on a 7,000 square foot lot. The property features (1) Two Bedroom / One Bath unit, and (9) favorably spacious One bedroom / One Bath units – most of which boast walk in closets and space to add washer dryer hookups...................................... Listed for sale with 3911 Oregon Street...........................................ADU OPPORTUNITY - Large storage space and garage not leased to any tenants available for conversion.
Exterior Features

Parking Spaces Total 5

Interior Features

Floor Coverings TileVinylOther/Remarks Floors SlabWood Sq Ft Of Improvement 6480 Stories 2 Story Unit Furnished1 No Unit Furnished2 No

Property Features

Actual Gross Scheduled Income 185916.0 Actual Operating Expense 74314 Assumable Finance 1170000 Buildings 1 Gross Equity 1950000 Gross Multiplier 21.1 Have 10 Units Prime North Park Leased Apartments 10 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 14843 Motive Want Sell Other Income Amount 650 Other Income Source Laundry Projected Cap Rate 5.7 Projected Gross Multiplier 13 Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 9 Unit Number2 1 Unit Rent Total1 13473 Unit Rent Total2 1373 Unit Rent1 1497 Unit Rent2 1373 Unit Type Apartment Zoning Cc

San Diego MLS logo Listing provided courtesy of South Coast Commercial, Inc.. 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