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4052 Iowa St

San Diego, CA 92104
  • $3,375,000
  • STATUS: ACTIVE
  • ON SITE: 14 Days
  • ID#: 230004490
$3,375,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
North Park (92104)
Type:
Multi-Family
County:
San Diego
Area:
North Park (92104)

School Ratings & Info

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Description

We are proud to present 4052 Iowa Street, a meticulously cared for 8-unit apartment complex located in the high demand rental market of North Park, with a current walk score of 95. This unique property was built in 1979 and consists of 6,271 livable square feet situated on a 7,010 square foot lot. The property features (1) Two Bedroom / Two Bath unit, (2) Two Bedroom / One and Half Bath Unit, (4) One bedroom / One Bath units, and (1) Studio Unit (permits unknown for studio unit, possibly non-conforming, buyer to verify)

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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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/137586624
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4052 Iowa St San Diego, CA 92104

  • Price: $3,375,000
  • Status: ACTIVE
  • On Site: 14 Days
  • ID#: 230004490
5
Beds
5
Baths
1
½ Baths
0.16
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
We are proud to present 4052 Iowa Street, a meticulously cared for 8-unit apartment complex located in the high demand rental market of North Park, with a current walk score of 95. This unique property was built in 1979 and consists of 6,271 livable square feet situated on a 7,010 square foot lot. The property features (1) Two Bedroom / Two Bath unit, (2) Two Bedroom / One and Half Bath Unit, (4) One bedroom / One Bath units, and (1) Studio Unit (permits unknown for studio unit, possibly non-conforming, buyer to verify)
Exterior Features

Construction DrywallFrameStucco Parking Spaces Total 10

Interior Features

Sq Ft Of Improvement 6271 Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Units With Ranges 8 Units With Refrigerators 8

Property Features

Actual Gross Scheduled Income 175428.0 Actual Operating Expense 66953 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 19.2 Have 8 Clean Units With Upside Leased Apartments 8 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 14344 Motive Want Cash/1031 Exchange Other Income Amount 275 Other Income Source Laundry Projected Cap Rate 5.95 Projected Cash On Cash 5.4 Projected Gross Multiplier 12.4 Projected Gross Scheduled Inc 273000 Projected Other Income 2000 Tenant Pays Electric 8 Tenant Pays Gas 8 Tenant Pays Water 0 Unit Number1 2 Unit Number2 1 Unit Number3 3 Unit Number4 1 Unit Rent Total1 4034 Unit Rent Total2 2210 Unit Rent Total3 6550 Unit Rent1 2017 Unit Rent2 2210 Unit Rent3 1638 Unit Rent4 1550 Zoning Rm 3-7

San Diego MLS logo Listing provided courtesy of South Coast Commercial, Inc.: [IDXCONTACTINFORMATION]. Listing information © 2023 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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