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4747-4753 67th

San Diego, CA 92115
  • $8,295,000
  • STATUS: ACTIVE
  • ON SITE: 109 Days
  • ID#: 220009836
UPDATED: 74 min ago
$8,295,000
  • 9
    BEDS
  • 1.25
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

PRICE REDUCED: Offered with Assumable Interest-Only Debt at 3.45%. The property is located at 4747-4753 & 4759-4769 67th Street with 2 separate parcels (468-330-33-00 & 468-330-21-00). We are pleased to present Rolando Place Apartments for sale in San Diego’s excellent residential neighborhood of Rolando Village near San Diego State University and La Mesa. Rolando Place Apartments is a low density property with 15 cottage style units situated on an oversized 1.25 acre lot. The units are a mix of large two, three and four-bedroom floor plans averaging over 1,100 square feet of living space. The majority of units have large, private yards, private garages and individual washer & dryers. The property was extensively renovated with all new unit interiors and significant upgrades to the building exteriors including new roofs, windows, asphalt, fencing, and refreshed landscaping. Rolando Place residents are walking distance to grocery stores, retail services and public transportation. The property is strategically located with easy access to Interstate 8, which connects to all other major San Diego 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/128049415
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4747-4753 67th San Diego, CA 92115

  • Price: $8,295,000
  • Status: ACTIVE
  • On Site: 109 Days
  • Updated: 74 min ago
  • ID#: 220009836
9
Beds
4
Baths
1
½ Baths
1.25
Acres
Neighborhood:
San Diego (92115)
County:
San Diego
Area:
San Diego (92115)
Property Description
PRICE REDUCED: Offered with Assumable Interest-Only Debt at 3.45%. The property is located at 4747-4753 & 4759-4769 67th Street with 2 separate parcels (468-330-33-00 & 468-330-21-00). We are pleased to present Rolando Place Apartments for sale in San Diego’s excellent residential neighborhood of Rolando Village near San Diego State University and La Mesa. Rolando Place Apartments is a low density property with 15 cottage style units situated on an oversized 1.25 acre lot. The units are a mix of large two, three and four-bedroom floor plans averaging over 1,100 square feet of living space. The majority of units have large, private yards, private garages and individual washer & dryers. The property was extensively renovated with all new unit interiors and significant upgrades to the building exteriors including new roofs, windows, asphalt, fencing, and refreshed landscaping. Rolando Place residents are walking distance to grocery stores, retail services and public transportation. The property is strategically located with easy access to Interstate 8, which connects to all other major San Diego freeways.
Exterior Features

Construction Stucco Exterior Fully LandscapedPart Fenced Parking GaragesSpaces Parking Spaces Total 39 Units With Garages 13

Interior Features

Sq Ft Of Improvement 16622

Property Features

1st Loan Assumable Yes 1st Loan Balance $4060000 1st Loan Interest 3.45 Actual Cap Rate 4.1 Actual Gross Scheduled Income 500940.0 Actual Operating Expense 174370 Assumable Finance 4060000 Buildings 9 Existing Financing Conventional Financial Information Source Owner Gross Equity 4240000 Gross Multiplier 16.0 Have 15 Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Cash Out Projected Cap Rate 5.4 Projected Gross Multiplier 12.9 Short Sale No Unit Number1 1 Unit Number2 13 Unit Number3 1 Unit Rent Total1 2285 Unit Rent Total2 35465 Unit Rent Total3 3995 Unit Rent1 2285 Unit Rent2 2728 Unit Rent3 3995 Unit Type ApartmentDuplexFourplexFree Standing

San Diego MLS logo Listing provided courtesy of Eric D. Comer, Broker. Listing information © 2022 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 © 2022 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