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4522 Oregon St

San Diego, CA 92116
  • $3,599,000
  • STATUS: ACTIVE
  • ON SITE: 95 Days
  • ID#: 240003197
UPDATED: 143 min ago
$3,599,000
  • 11
    BEDS
  • 0.16
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

JUST REDUCED!!! Great University Heights location just one and a half blocks from Adams Ave. Gated entry and common patio space. Built in 1972. Year built and Gross Sq.Ft. information was provided by seller. Five open and four tuck-under parking spaces. Tuck under parking could be converted to ADUs based on CA density bonus law and city of San Diego's more generous interpretation. Renovation can boost rents significantly. It is close to shopping, restaurants, schools and major freeways.

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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/147588622
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4522 Oregon St San Diego, CA 92116

  • Price: $3,599,000
  • Status: ACTIVE
  • On Site: 95 Days
  • Updated: 143 min ago
  • ID#: 240003197
11
Beds
8
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Normal Heights (92116)
County:
San Diego
Area:
Normal Heights (92116)
Property Description
JUST REDUCED!!! Great University Heights location just one and a half blocks from Adams Ave. Gated entry and common patio space. Built in 1972. Year built and Gross Sq.Ft. information was provided by seller. Five open and four tuck-under parking spaces. Tuck under parking could be converted to ADUs based on CA density bonus law and city of San Diego's more generous interpretation. Renovation can boost rents significantly. It is close to shopping, restaurants, schools and major freeways.
Exterior Features

Parking Spaces Total 9

Interior Features

Sq Ft Of Improvement 6165 Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Unit Furnished5 No Unit Furnished6 No Unit Furnished7 No Unit Furnished8 No Units With Dishwashers 0 Units With Disposals 0 Units With Drapes 0 Units With Ranges 9 Units With Refrigerators 9

Property Features

Actual Cap Rate 3.4 Actual Cash Flow 20668 Actual Fl Ins Expense 2700 Actual Gardener Expense 1500 Actual Gas And Electric 3240 Actual Gross Operating Income 199561 Actual Gross Scheduled Income 207876.0 Actual Maintenance Expense 9900 Actual Operating Expense 78426 Actual Prop Management 9978 Actual Taxes Expense 42108 Actual Total Expense 78426 Actual Total Pi Pay 100466 Actual Trash Expense 2250 Actual Vacancy And Credit Loss 8315 Actual Water Sewer Expense 6750 Assumable Finance 0 Buildings 1 Fiscal Year From 23 Fiscal Year To 24 Gross Equity 2266100 Gross Multiplier 17.3 Have 9 units to sell. Leased Apartments 9 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 17043 Motive Want Cash out. Other Income Amount 280 Other Income Source Laundry Projected Annual Pi Expense 100466 Projected Cap Rate 3.9 Projected Fl Ins Expense 2700 Projected Gardener Expense 1500 Projected Gas And Electric 3240 Projected Gross Multiplier 15.8 Projected Gross Operating Inc 219168 Projected Gross Scheduled Inc 228300 Projected Maintenance Expense 9900 Projected Net Income 140742 Projected Operating Expense 78426 Projected Property Mgmt Expense 9978 Projected Taxes Expense 42108 Projected Total Expense 78426 Projected Trash Expense 2250 Projected Vacancy And Credit Loss 9132 Projected Water And Sewer Expense 6750 Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 2 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Number8 1 Unit Rent Total1 1780 Unit Rent Total2 1765 Unit Rent Total3 1756 Unit Rent Total4 3440 Unit Rent Total5 1658 Unit Rent Total6 2570 Unit Rent Total7 2110 Unit Rent Total8 1964 Unit Rent1 1780 Unit Rent2 1765 Unit Rent3 1756 Unit Rent4 1720 Unit Rent5 1658 Unit Rent6 2570 Unit Rent7 2110 Unit Rent8 1964

San Diego MLS logo Listing provided courtesy of Terry Moore of Apartment Consultants Incorporated: 619-889-1031. 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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