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    4683 SE Cass Street

    San Diego, CA 92109
    • $4,995,000
    • STATUS: ACTIVE
    • ON SITE: 71 days
    • ID#: 200054471
    UPDATED: 60 min ago
    $4,995,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Pacific Beach (92109)
    Type:
    Commercial
    Built:
    1946
    County:
    San Diego
    Area:
    Pacific Beach (92109)

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    Description

    Location Location Location -- Prime fully leased Pacific Beach property located at Cass and Diamond within 2 blocks of Garnet & Mission Blvd/Pacific Ocean. The property is fully leased with an excellent tenant mix including a Fortune 100 parent company tenant (Blenders Eye wear). The property consists of 3 tenants (Blenders Eye Wear, Even Keel Tattoo, SD Recovery Solutions) located within 3 parcels with future development opportunities. Over $650,000 of on-site improvements in the last 18 months.

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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/112808397
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    4683 SE Cass Street San Diego, CA 92109

    • Price: $4,995,000
    • Status: ACTIVE
    • Updated: 60 min ago
    • ID#: 200054471
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1946
    Built
    Neighborhood:
    Pacific Beach (92109)
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    Location Location Location -- Prime fully leased Pacific Beach property located at Cass and Diamond within 2 blocks of Garnet & Mission Blvd/Pacific Ocean. The property is fully leased with an excellent tenant mix including a Fortune 100 parent company tenant (Blenders Eye wear). The property consists of 3 tenants (Blenders Eye Wear, Even Keel Tattoo, SD Recovery Solutions) located within 3 parcels with future development opportunities. Over $650,000 of on-site improvements in the last 18 months.
    Exterior Features

    Location CornerFree Standing Parking On SitePublicStreet

    Interior Features

    Cooling Central Forced Air ElecOther Floors Slab Max Contiguous Sq Ft Available 5300 Minimum Sq Ft Available 700 Sq Ft Of Improvement 8900 Stories 2 Story Vacant Sq Ft 0

    Property Features

    Actual Cap Rate 5.4 Actual Gross Scheduled Income 362249.0 Actual Operating Expense 82441 Assumable Finance 3000000 Buildings 4 Commercial Property Type Retail Sale Effective Age 70 Existing Financing Conventional Mandatory Remarks None Known Market Area Coastal South Motive Want To Sell Occupancy Percent 100 Overall Percent Vacant 0 Present Loan 3000000 Projected Cap Rate 6.3 Projected Gross Operating Inc 407109 Projected Gross Scheduled Inc 419700 Projected Net Income 316280 Projected Operating Expense 90829 Projected Vacancy And Credit Loss 12591 Property Type Mixed Usage Sales Restrictions Call Agent Short Sale No Sq Ft Source Buyer To Verify Tenant Pays ElectricGasJanitorMaint/RepairsTrashWater Zoning Cspd

    Listing provided courtesy of Harcourts Point Loma Realty. 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