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4051-61 Euclid Avenue

San Diego, CA 92105
  • $4,900,000
  • STATUS: ACTIVE
  • ON SITE: 15 Days
  • ID#: 240002922
$4,900,000
  • 2
    BEDS
  • 0.29
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

4051-61 Euclid Avenue features two buildings with pitched roofs housing 20 units built in 1957 totaling 13,664 square feet situated on a 12,643 square foot lot. The property provides five double garages, common laundry facilities and an ideal unit mix of all 2 Bedroom / 1 Bathroom units.

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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/147410528
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4051-61 Euclid Avenue San Diego, CA 92105

  • Price: $4,900,000
  • Status: ACTIVE
  • On Site: 15 Days
  • ID#: 240002922
2
Beds
1
Baths
0
½ Baths
0.29
Acres
Neighborhood:
East San Diego (92105)
County:
San Diego
Area:
East San Diego (92105)
Property Description
4051-61 Euclid Avenue features two buildings with pitched roofs housing 20 units built in 1957 totaling 13,664 square feet situated on a 12,643 square foot lot. The property provides five double garages, common laundry facilities and an ideal unit mix of all 2 Bedroom / 1 Bathroom units.
Exterior Features

Parking Spaces Total 10 Units With Garages 10

Interior Features

Sq Ft Of Improvement 13664

Property Features

Actual Cap Rate 4.28 Actual Gross Operating Income 349701 Actual Gross Scheduled Income 360516.0 Actual Operating Expense 140198 Actual Vacancy And Credit Loss 10815 Assumable Finance 0 Buildings 2 Gross Equity 2450000 Gross Multiplier 13.6 Have Units Leased Apartments 20 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 30043 Motive Want 1031 Projected Cap Rate 7.45 Projected Gross Multiplier 9.4 Projected Gross Operating Inc 505176 Projected Gross Scheduled Inc 520800 Projected Net Income 364978 Projected Operating Expense 140198 Projected Vacancy And Credit Loss 15624 Short Sale No Unit Number1 20 Unit Rent Total1 29820 Unit Rent1 1491

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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San Diego CA, 92101