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5160 69th St

San Diego, CA 92115
  • $3,605,000
  • STATUS: ACTIVE
  • ON SITE: 19 Days
  • ID#: 240012518
$3,605,000
  • 6
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Pleased to present Atlas on 69th, an exciting multifamily development located at 5160 69th Street in San Diego, California. The asset features a fully renovated 3-bedroom/2-bathroom plus den single story unit, and six newly constructed units comprised of four 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. This pride of ownership asset presents a very well thought out and refined design concept with no expense spared. Unit Interiors feature a profusion of natural sunlight with luxury fixtures and finishes, complimented with smart home keyless entry, recessed LED lighting, designer ceiling fans, high-end entries and flooring, quartz countertops, custom backsplash, full appliance packages, custom bathrooms, in-unit laundry, ample closet space, and ductless split HVAC systems. Select units feature high ceilings and private patios. Community amenities include beautiful drought resistant landscaping design with drip irrigation, lighted pathways, and gated interior common area for the detached three bedroom unit. The project also boasts solar rooftop arrays, reducing utility costs for tenants, and with a utility bill back system in place further reducing utility costs for ownership. The area provides the ultimate convenience to beautiful parks with manicured green space, with modern joint-uses, great scenic walking trails and jogging areas, easy freeway access, and an abundance of restaurants, shopping, and coffee shops.

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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/151285189
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5160 69th St San Diego, CA 92115

  • Price: $3,605,000
  • Status: ACTIVE
  • On Site: 19 Days
  • ID#: 240012518
6
Beds
4
Baths
0
½ Baths
N/A
Acres
Neighborhood:
San Diego (92115)
County:
San Diego
Area:
San Diego (92115)
Property Description
Pleased to present Atlas on 69th, an exciting multifamily development located at 5160 69th Street in San Diego, California. The asset features a fully renovated 3-bedroom/2-bathroom plus den single story unit, and six newly constructed units comprised of four 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. This pride of ownership asset presents a very well thought out and refined design concept with no expense spared. Unit Interiors feature a profusion of natural sunlight with luxury fixtures and finishes, complimented with smart home keyless entry, recessed LED lighting, designer ceiling fans, high-end entries and flooring, quartz countertops, custom backsplash, full appliance packages, custom bathrooms, in-unit laundry, ample closet space, and ductless split HVAC systems. Select units feature high ceilings and private patios. Community amenities include beautiful drought resistant landscaping design with drip irrigation, lighted pathways, and gated interior common area for the detached three bedroom unit. The project also boasts solar rooftop arrays, reducing utility costs for tenants, and with a utility bill back system in place further reducing utility costs for ownership. The area provides the ultimate convenience to beautiful parks with manicured green space, with modern joint-uses, great scenic walking trails and jogging areas, easy freeway access, and an abundance of restaurants, shopping, and coffee shops.
Interior Features

Sq Ft Of Improvement 4703

Property Features

Actual Cap Rate 4.7 Actual Gross Scheduled Income 243696.0 Actual Operating Expense 70483 Assumable Finance 0 Buildings 4 Gross Equity 3605000 Gross Multiplier 14.79 Have 7 Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Short Sale No Unit Number1 4 Unit Number2 2 Unit Number3 1 Unit Rent1 2575 Unit Rent2 3250 Unit Rent3 4245

San Diego MLS logo Listing provided courtesy of Austin Huffman of Marcus & Millichap: 858-373-3100. 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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The Neuman Team
516 5th Avenue
San Diego CA, 92101