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4062 49th Street

San Diego, CA 92105
  • $1,720,000
  • STATUS: PENDING
  • ON SITE: 138 Days
  • ID#: 240017481
Pending
UPDATED: 26 min ago
$1,720,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

4062 49th Street is a 9-unit apartment building consisting of one 5,190 square foot structure built in 1968 on a 5,739 square foot lot. The unit mix consists of all 1 Bedroom / 1 Bathroom units. There are 9 surface parking spaces. DO NOT DISTURB TENANTS OR WALK ON PROPERTY. Like other urban San Diego communities, Cherokee Point and City Heights have a high rate of pedestrian activity, relative to other regions of San Diego County. City Heights and Cherokee Point are some of the most diverse communities in San Diego. Businesses and residential neighborhoods alike reflect this diversity. There have been many redevelopment projects by the city of San Diego in City Heights and Cherokee Point and an improvement of the tenant-base over the last decade.

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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/153021495
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4062 49th Street San Diego, CA 92105

  • Price: $1,720,000
  • Status: PENDING
  • On Site: 138 Days
  • Updated: 26 min ago
  • ID#: 240017481
1
Beds
1
Baths
0
½ Baths
N/A
Acres
Neighborhood:
East San Diego (92105)
County:
San Diego
Area:
East San Diego (92105)
Property Description
4062 49th Street is a 9-unit apartment building consisting of one 5,190 square foot structure built in 1968 on a 5,739 square foot lot. The unit mix consists of all 1 Bedroom / 1 Bathroom units. There are 9 surface parking spaces. DO NOT DISTURB TENANTS OR WALK ON PROPERTY. Like other urban San Diego communities, Cherokee Point and City Heights have a high rate of pedestrian activity, relative to other regions of San Diego County. City Heights and Cherokee Point are some of the most diverse communities in San Diego. Businesses and residential neighborhoods alike reflect this diversity. There have been many redevelopment projects by the city of San Diego in City Heights and Cherokee Point and an improvement of the tenant-base over the last decade.
Exterior Features

Parking Spaces Total 9

Interior Features

Sq Ft Of Improvement 5190

Property Features

Actual Cap Rate 5.5 Actual Gross Operating Income 149403 Actual Gross Scheduled Income 155628.0 Actual Operating Expense 54745 Actual Vacancy And Credit Loss 6225 Assumable Finance 0 Buildings 1 Gross Equity 1720000 Gross Multiplier 11.1 Have Units Leased Apartments 9 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 12969 Motive Want Sell Projected Cap Rate 8.24 Projected Gross Multiplier 8.4 Projected Gross Operating Inc 196474 Projected Gross Scheduled Inc 204660 Projected Net Income 141482 Projected Operating Expense 54745 Projected Vacancy And Credit Loss 8186 Short Sale No Unit Number1 9 Unit Rent Total1 12969 Unit Rent1 1441

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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