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    4044 Promontory Street

    San Diego, CA 92109
    • $1,995,000
    • STATUS: ACTIVE
    • ON SITE: 40 days
    • ID#: 210001425
    UPDATED: 54 min ago
    $1,995,000
    • 6
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,710
      SQFT
    • $736
      $/SQFT
    Neighborhood:
    Crown Point
    Type:
    Multi-Family
    Built:
    1967
    County:
    San Diego
    Area:
    Pacific Beach (92109)

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    Description

    4044 Promontory is situated in an ideal location in the Crown Point neighborhood of San Diego. The property consists of a spacious 2br/1ba detached home in front and two (2) 2br/2ba large townhomes in the rear. All units have been upgraded to some degree. The property has ample off street parking and laundry facilities on site as well. There is significant rental upside potential with this investment opportunity and a perfect location for the short term rental business model. Perfect for owner-occ too!

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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/113360043
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    4044 Promontory Street San Diego, CA 92109

    • Price: $1,995,000
    • Status: ACTIVE
    • Updated: 54 min ago
    • ID#: 210001425
    6
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,710
    SQFT
    $736
    $/SQFT
    1967
    Built
    Neighborhood:
    Crown Point
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    4044 Promontory is situated in an ideal location in the Crown Point neighborhood of San Diego. The property consists of a spacious 2br/1ba detached home in front and two (2) 2br/2ba large townhomes in the rear. All units have been upgraded to some degree. The property has ample off street parking and laundry facilities on site as well. There is significant rental upside potential with this investment opportunity and a perfect location for the short term rental business model. Perfect for owner-occ too!
    Exterior Features

    Exterior Stucco Fencing Partial Frontage Other/Remarks Irrigation Other/Remarks Parking For RV Other/Remarks Parking Garage Desc Unit1 Assigned Parking Garage Desc Unit2 Assigned Parking Garage Desc Unit3 Assigned Parking Garage Desc Unit4 N/K Parking Non Garage Desc Unit1 Assigned Parking Non Garage Desc Unit2 Assigned Parking Non Garage Desc Unit3 Assigned Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Other/Remarks Site Other/Remarks Spa N/K Spa Heat None Known Topography Other/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 0 Units With Patios 1 View Other/Remarks

    Interior Features

    Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Other/Remarks Heat Source Other/Remarks Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 3 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0 Water Heater Type Other/Remarks

    Property Features

    Actual Cap Rate 2.8 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 30262 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Pacific Beach Complex Features Other/Remarks Complex Park 0 Cross Streets Pacific Beach Drive Gross Rent Multiplier Actual 22.5 Gross Rent Multiplier Project 18.6 Gross Scheduled Income Actual 88620 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Coastal South Miscellaneous Other/Remarks Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 480 Possession Other/Remarks Projected Cap Rate 3.7 Sales Restrictions N/K Security N/K Sewer Septic Other/Remarks Short Sale No Telecommunications Other/Remarks Tenant Pays Cable TvElectricityGas/PropaneOther/Remarks Terms CashConventionalVaOther/Remarks Unit Number For Unit1 4044 Unit Number For Unit2 4046 Unit Number For Unit3 4048 Unit1 Deposit 2500 Unit1 Occupied Tenant Unit1 Projected Rent 3200.0 Unit1 Rent Actual 2500.0 Unit2 Deposit 2500 Unit2 Occupied Tenant Unit2 Projected Rent 2850.0 Unit2 Rent Actual 2500.0 Unit3 Deposit 2345 Unit3 Occupied Tenant Unit3 Projected Rent 2850 Unit3 Rent Actual 2345.0 Water Available

    Listing provided courtesy of The Browar Group. 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