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    4050-4054 36th Street

    San Diego, CA 92104
    • $1,699,000
    • STATUS: ACTIVE
    • ON SITE: 18 days
    • ID#: 210025474
    UPDATED: 44 min ago
    $1,699,000
    • 7
      BEDS
    • 0.16
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,600
      SQFT
    • $653
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Rehabbed 4 unit situated in North Park. This centrally located property comprised of 3...2-1's and a 1-1 that has great stabilized rents with some potential for more upside. Tenants are all in one year leases with no COVID deferments. One garage brings in 100.00 a month while the other garage is included in 4052 units rent. Coin laundry brings in an additional 100-150 a month. Detached 2 -1 home on the property with alley access. Each unit on separate electric meters. Close to eateries..banks...freeways...gas stations and stores. All new: cabinets, windows, water heaters, counters, appliances, flooring, new driveway, bathroom tile, heaters, AC units.

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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/121193474
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    4050-4054 36th Street San Diego, CA 92104

    • Price: $1,699,000
    • Status: ACTIVE
    • Updated: 44 min ago
    • ID#: 210025474
    7
    Beds
    4
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,600
    SQFT
    $653
    $/SQFT
    1950
    Built
    Neighborhood:
    North Park
    County:
    San Diego
    Area:
    North Park (92104)
    Property Description
    Rehabbed 4 unit situated in North Park. This centrally located property comprised of 3...2-1's and a 1-1 that has great stabilized rents with some potential for more upside. Tenants are all in one year leases with no COVID deferments. One garage brings in 100.00 a month while the other garage is included in 4052 units rent. Coin laundry brings in an additional 100-150 a month. Detached 2 -1 home on the property with alley access. Each unit on separate electric meters. Close to eateries..banks...freeways...gas stations and stores. All new: cabinets, windows, water heaters, counters, appliances, flooring, new driveway, bathroom tile, heaters, AC units.
    Exterior Features

    Exterior StuccoWood Fencing FullGate Irrigation N/K Parking For RV GatedOn-Site ParkingPotential Space Parking Garage Desc Unit1 Attached Parking Garage Desc Unit2 Attached Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 1 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Parking Non Garage Desc Unit1 GatedUncovered Parking Non Garage Desc Unit2 GatedUncovered Parking Non Garage Desc Unit3 GatedUncovered Parking Non Garage Desc Unit4 GatedUncovered Pool N/K Roof Composition Site Alley AccessPublic StreetSidewalksStreet Paved Spa N/K Spa Heat None Known Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 2 Units With Patios 0

    Interior Features

    Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0 Water Heater Type Gas

    Property Features

    Actual Cap Rate 5.6 Age Restrictions N/K Annual Expense Actual 3600 Annual Expense Projected 3600 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community North Park Complex Features Gated CommunityLaundry FacilitiesRv/Boat Parking Complex Park North Park Cross Streets University Gross Rent Multiplier Actual 214.0 Gross Rent Multiplier Project 190.0 Gross Scheduled Income Actual 7930 Gross Scheduled Income Project 8910 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Jurisdiction Incorporated Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Net Operating Income Projected 103320 Other Fees 0.0 Other Income Actual 100 Pets Allowed W/Restrictions Possession Close Of Escrow Projected Cap Rate 6.2 Projected Other Income 100.0 Sales Restrictions N/K Security Gated Community Sewer Septic Sewer Connected Short Sale No Telecommunications N/K Tenant Pays Cable TvElectricityGas/Propane Terms Cal VetCashConventionalFhaVa Unit Number For Unit1 4050 Unit Number For Unit2 4052 Unit Number For Unit3 4054 Unit Number4 4054.5 Unit1 Deposit 600 Unit1 Occupied Tenant Unit1 Projected Rent 2400.0 Unit1 Rent Actual 2000.0 Unit2 Deposit 600 Unit2 Occupied Tenant Unit2 Projected Rent 2200.0 Unit2 Rent Actual 1900.0 Unit3 Deposit 2400 Unit3 Occupied Tenant Unit3 Projected Rent 2400 Unit3 Rent Actual 2400.0 Unit4 Deposit 1500 Unit4 Occupied Tenant Unit4 Projected Rent 1650 Unit4 Rent Actual 1500.0 Water Meter On Property Water District City Of San Diego

    Listing provided courtesy of Millennial Realty 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