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4825-27 Voltaire Street

San Diego, CA 92107
  • $1,725,000
  • STATUS: ACTIVE
  • ON SITE: 196 Days
  • ID#: 230015687
UPDATED: 217 min ago
$1,725,000
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

Originally listed at $2,000,000, reduced first time to $1,900,000 and now to $1,725,000. This is a Mixed-Use retail and residential property. The Retail space is currently leased to Ocean Beach Coffee and Plants. This tenant is on a long term lease. The Residential units each have two bedrooms and one bathroom. The Seller of the property occupies one of the units until escrow closes. This is an excellent opportunity for someone to buy this property, live onsite, and collect rent from the two other tenants. The Property is four blocks from the ocean and this is the first time it has been on the market in decades. Possible Seller Financing to Qualified Buyer! For a detailed offering memorandum please contact the listing agent.

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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/142369681
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4825-27 Voltaire Street San Diego, CA 92107

  • Price: $1,725,000
  • Status: ACTIVE
  • On Site: 196 Days
  • Updated: 217 min ago
  • ID#: 230015687
4
Beds
3
Baths
0
½ Baths
N/A
Acres
1946
Built
Neighborhood:
Ocean Beach
County:
San Diego
Area:
Ocean Beach (92107)
Property Description
Originally listed at $2,000,000, reduced first time to $1,900,000 and now to $1,725,000. This is a Mixed-Use retail and residential property. The Retail space is currently leased to Ocean Beach Coffee and Plants. This tenant is on a long term lease. The Residential units each have two bedrooms and one bathroom. The Seller of the property occupies one of the units until escrow closes. This is an excellent opportunity for someone to buy this property, live onsite, and collect rent from the two other tenants. The Property is four blocks from the ocean and this is the first time it has been on the market in decades. Possible Seller Financing to Qualified Buyer! For a detailed offering memorandum please contact the listing agent.
Exterior Features

Exterior Other/Remarks Fencing Full Parking Garage Desc Unit2 Attached Roof Other/Remarks Site SidewalksWest of I-5 Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups No Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 2 Units With Fireplaces 2 Units With Range Oven 2 Units With Refrigerators 3 Units With Washers 2

Property Features

Actual Cap Rate 3.94 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 33584 Annual Expense Projected 36268 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community OCEAN BEACH Complex Park na Cross Streets Sunset Cliffs Blvd Gross Rent Multiplier Actual 17.26 Gross Rent Multiplier Project 13.69 Gross Scheduled Income Actual 8450 Gross Scheduled Income Project 10650 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 92137 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 5.26 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays SewerTrashWaterElectricityHot Water Terms CashSeller May Carry Unit1 Deposit 1950 Unit1 Occupied Tenant Unit1 Projected Rent 3750.0 Unit1 Rent Actual 1950.0 Unit2 Deposit 4200 Unit2 Occupied Owner Unit2 Projected Rent 4500.0 Unit2 Rent Actual 4200.0 Unit3 Deposit 2000 Unit3 Occupied Tenant Unit3 Projected Rent 2400 Unit3 Rent Actual 2300.0

San Diego MLS logo Listing provided courtesy of Tony Franco of Tony Franco Realty, Inc.: 858-717-1697. 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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