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3925-31 Lamont St

San Diego, CA 92109
  • $2,900,000
  • STATUS: ACTIVE
  • ON SITE: 23 Days
  • ID#: 240006560
$2,900,000
  • 11
    BEDS
  • 0.14
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Great Investment with huge potential with covert garage to ADU for another additional unit. Walking distance to the Fiesta Bay and Crown Point Park. current rent is below market. with improvement, rent can be substantially increased.

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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/148972921
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3925-31 Lamont St San Diego, CA 92109

  • Price: $2,900,000
  • Status: ACTIVE
  • On Site: 23 Days
  • ID#: 240006560
11
Beds
6
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Pacific Beach (92109)
County:
San Diego
Area:
Pacific Beach (92109)
Property Description
Great Investment with huge potential with covert garage to ADU for another additional unit. Walking distance to the Fiesta Bay and Crown Point Park. current rent is below market. with improvement, rent can be substantially increased.
Exterior Features

Construction DrywallFrameStucco

Interior Features

Sq Ft Of Improvement 3808 Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Unit Furnished5 No

Property Features

Actual Cap Rate 3.14 Actual Fl Ins Expense 2847 Actual Gas And Electric 4611 Actual Gross Scheduled Income 158840.0 Actual Maintenance Expense 5803 Actual Operating Expense 67267 Actual Prop Management 12546 Actual Taxes Expense 34800 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 18.14 Have 0 Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 13320 Motive Want Cash Out Other Income Amount 3870 Other Income Source GA/Laundry Projected Cap Rate 4.22 Projected Gross Multiplier 14.60 Projected Vacancy And Credit Loss 3% Sq Ft Source Buyer to Verify Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Rent Total1 1 Unit Rent Total2 1 Unit Rent Total3 1 Unit Rent Total4 1 Unit Rent Total5 1 Unit Rent1 2475 Unit Rent2 3195 Unit Rent3 2550 Unit Rent4 2550 Unit Rent5 2800 Unit Type Apartment Zoning RM-2-5

San Diego MLS logo Listing provided courtesy of Paul Yung of San Diego Sunrise Realty: 858-610-1516. 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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