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801 Coronado Ct

San Diego, CA 92109
  • $5,500,000
  • STATUS: ACTIVE
  • ON SITE: 35 Days
  • ID#: 240010967
UPDATED: 161 min ago
$5,500,000
  • 4
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are extremely proud to present 801-807 Coronado Court - Two Adjacent (5) unit properties with 10 private tuck under parking spaces (one space per unit). The total combined bed/bath mix consists of (8) One bedroom / one bath units & (2) Two Bedroom / One bath corner units with excellent natural lighting, calming coastal breezes, and access to unused common area space that can be partitioned off for private enjoyment or extra storage. 1 minute walk to the sand (beach or bayside).... Call brokers for recent upgrades and other critical insights.

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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/150614298
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801 Coronado Ct San Diego, CA 92109

  • Price: $5,500,000
  • Status: ACTIVE
  • On Site: 35 Days
  • Updated: 161 min ago
  • ID#: 240010967
4
Beds
2
Baths
0
½ Baths
0.08
Acres
Neighborhood:
Pacific Beach (92109)
County:
San Diego
Area:
Pacific Beach (92109)
Property Description
We are extremely proud to present 801-807 Coronado Court - Two Adjacent (5) unit properties with 10 private tuck under parking spaces (one space per unit). The total combined bed/bath mix consists of (8) One bedroom / one bath units & (2) Two Bedroom / One bath corner units with excellent natural lighting, calming coastal breezes, and access to unused common area space that can be partitioned off for private enjoyment or extra storage. 1 minute walk to the sand (beach or bayside).... Call brokers for recent upgrades and other critical insights.
Exterior Features

Carports 10 Exterior Fully Landscaped Parking CarportsOther/Remarks Roof Composition

Interior Features

Cooling Other Floor Coverings HardwoodTileVinyl Heating Wall Laundry Owned Sq Ft Of Improvement 5668 Stories 2 Story Unit Furnished1 Yes Unit Furnished2 No Unit Furnished3 No Units With Ranges 10 Units With Refrigerators 10

Property Features

Actual Cap Rate 3.6 Actual Gross Operating Income 304246 Actual Gross Scheduled Income 307320.0 Actual Operating Expense 104010 Actual Vacancy And Credit Loss 3073 Assumable Finance 0 Buildings 2 Complex Features Other/Remarks Existing Financing Other/Remarks Financial Information Source Owner Gross Equity 2150000 Gross Multiplier 17.9 Have 10 Apts & 10 Parking Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 25110 Motive Want cash / 1031 Other Income Amount 500 Other Income Source Laundry Projected Cap Rate 5.8 Projected Cash On Cash 4.7 Projected Gross Multiplier 12.7 Sq Ft Source Tax Record Tenant Pays Electric 9 Tenant Pays Gas 9 Tenant Pays Water 0 Unit Number1 1 Unit Number2 7 Unit Number3 2 Unit Rent Total1 3500 Unit Rent Total2 19365 Unit Rent Total3 5745 Unit Rent1 3500 Unit Rent2 2421 Unit Rent3 2873 Unit Type Apartment Zoning MBPD-R-S

San Diego MLS logo Listing provided courtesy of Jeff Diller of South Coast Commercial, Inc.: 714-474-4495. 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