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    3941-47 Mississippi St

    San Diego, CA 92104
    • $1,975,000
    • STATUS: ACTIVE
    • ON SITE: 74 days
    • ID#: 200053961
    UPDATED: 210 min ago
    $1,975,000
    • 6
      BEDS
    • 0.19
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Located at Mississippi Street and University Avenue, this over sized 8,382 square foot lot is home to five individual buildings situated on one parcel. The unit mix consists of one, two-bedroom/one-bath cottage, two, one-bedroom/one-bath cottages, and two, one-bedroom/one-bath duplex. All units have dual entrances in the front and back, leading directly into charming, private courtyards. The attractive Spanish Eclectic architecture is defined by terra-cotta roofing, painted stucco, and decorative tiles. The Property features high-end upgrades including hardwood floors, quartz countertops, designer paint, crown molding, and stainless steel appliances. Other attributes include four garages, stackable washer/dryers, and private individual courtyards for the tenants enjoyment. Residents benefit from being just a few blocks to the boutiques, restaurants, and nightlife in the heart of North Park along 30th Street and University Avenue, minutes to Morley Field and Balboa Park, and having easy access to freeways.

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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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/112599638
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    3941-47 Mississippi St San Diego, CA 92104

    • Price: $1,975,000
    • Status: ACTIVE
    • Updated: 210 min ago
    • ID#: 200053961
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.19
    Acres
    Neighborhood:
    North Park (92104)
    County:
    San Diego
    Area:
    North Park (92104)
    Property Description
    Located at Mississippi Street and University Avenue, this over sized 8,382 square foot lot is home to five individual buildings situated on one parcel. The unit mix consists of one, two-bedroom/one-bath cottage, two, one-bedroom/one-bath cottages, and two, one-bedroom/one-bath duplex. All units have dual entrances in the front and back, leading directly into charming, private courtyards. The attractive Spanish Eclectic architecture is defined by terra-cotta roofing, painted stucco, and decorative tiles. The Property features high-end upgrades including hardwood floors, quartz countertops, designer paint, crown molding, and stainless steel appliances. Other attributes include four garages, stackable washer/dryers, and private individual courtyards for the tenants enjoyment. Residents benefit from being just a few blocks to the boutiques, restaurants, and nightlife in the heart of North Park along 30th Street and University Avenue, minutes to Morley Field and Balboa Park, and having easy access to freeways.
    Exterior Features

    Parking Spaces Total 5 Units With Garages 4

    Interior Features

    Sq Ft Of Improvement 2802

    Property Features

    Actual Cap Rate 4.3 Actual Gross Scheduled Income 130140.0 Actual Operating Expense 41325 Actual Vacancy And Credit Loss 3904 Assumable Finance 0 Buildings 5 Gross Equity 0 Gross Multiplier 15.18 Have Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Projected Cap Rate 4.75 Projected Gross Multiplier 14.21 Projected Gross Scheduled Inc 138960 Projected Net Income 93720 Projected Operating Expense 41766 Projected Vacancy And Credit Loss 3474 Special None Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Rent Total1 3100 Unit Rent Total2 2070 Unit Rent Total3 2035 Unit Rent Total4 2085 Unit Rent Total5 1555 Unit Rent1 3100 Unit Rent2 2070 Unit Rent3 2035 Unit Rent4 2085 Unit Rent5 1555

    Listing provided courtesy of Cushman & Wakefield Of San Die. Listing information © 2021 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 © 2021 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