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4033-47 Euclid Avenue

San Diego, CA 92105
  • $2,400,000
  • STATUS: ACTIVE
  • ON SITE: 21 Days
  • ID#: 240002919
$2,400,000
  • 5
    BEDS
  • 0.3
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

4033-47 Euclid Avenue consists of two parcels totaling 13,265 square feet of land zoned CUPD-CT-2-3. The two structures comprise 8,613 rentable square feet and were built in 1965. The units are large, single-story and consist of (8) 2 Bedroom / 1 Bathroom units and one 3 Bedroom / 1.5 Bathroom unit. All units have their own laundry hook ups and back doors as well as individual water heaters and the ability to be sub-metered for water. The units have all been renovated with plank flooring, new kitchen cabinets, granite countertops and canned lighting as well as tiled shower enclosures.

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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/147410527
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4033-47 Euclid Avenue San Diego, CA 92105

  • Price: $2,400,000
  • Status: ACTIVE
  • On Site: 21 Days
  • ID#: 240002919
5
Beds
2
Baths
1
½ Baths
0.3
Acres
Neighborhood:
East San Diego (92105)
County:
San Diego
Area:
East San Diego (92105)
Property Description
4033-47 Euclid Avenue consists of two parcels totaling 13,265 square feet of land zoned CUPD-CT-2-3. The two structures comprise 8,613 rentable square feet and were built in 1965. The units are large, single-story and consist of (8) 2 Bedroom / 1 Bathroom units and one 3 Bedroom / 1.5 Bathroom unit. All units have their own laundry hook ups and back doors as well as individual water heaters and the ability to be sub-metered for water. The units have all been renovated with plank flooring, new kitchen cabinets, granite countertops and canned lighting as well as tiled shower enclosures.
Exterior Features

Parking Spaces Total 8 Units With Garages 8

Interior Features

Sq Ft Of Improvement 8613

Property Features

Actual Cap Rate 5.17 Actual Gross Operating Income 196076 Actual Gross Scheduled Income 202140.0 Actual Operating Expense 72048 Actual Vacancy And Credit Loss 6064 Assumable Finance 0 Buildings 2 Gross Equity 1500000 Gross Multiplier 11.9 Have Units Leased Apartments 9 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 16845 Motive Want 1031 Projected Cap Rate 7.4 Projected Gross Multiplier 9.3 Projected Gross Operating Inc 249736 Projected Gross Scheduled Inc 257460 Projected Net Income 177688 Projected Operating Expense 72048 Projected Vacancy And Credit Loss 7724 Short Sale No Unit Number1 1 Unit Number2 8 Unit Rent Total1 2500 Unit Rent Total2 14345 Unit Rent1 2500 Unit Rent2 1793

San Diego MLS logo Listing provided courtesy of Benn Vogelsang of NorthMarq Multifamily: 415-250-4947. 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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