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807 Coronado Court

San Diego, CA 92109
  • $5,500,000
  • STATUS: ACTIVE
  • ON SITE: 14 Days
  • ID#: 230001067
UPDATED: 120 min ago
$5,500,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Don't Miss this extremely rare opportunity to own (10) well operated apartment units, on two adjacent lots in South Mission Beach - just steps to the beach and bay. The unit mix is comprised of (2) Two bedroom / one bath units and (8) one bedroom / one bath units. There are (10) covered off-street parking spaces ( One for each Unit ). This property consists of two adjacent lots APNS 423-717-01-00 & 423-717-02-00.

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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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/136089250
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807 Coronado Court San Diego, CA 92109

  • Price: $5,500,000
  • Status: ACTIVE
  • On Site: 14 Days
  • Updated: 120 min ago
  • ID#: 230001067
3
Beds
2
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Pacific Beach (92109)
County:
San Diego
Area:
Pacific Beach (92109)
Property Description
Don't Miss this extremely rare opportunity to own (10) well operated apartment units, on two adjacent lots in South Mission Beach - just steps to the beach and bay. The unit mix is comprised of (2) Two bedroom / one bath units and (8) one bedroom / one bath units. There are (10) covered off-street parking spaces ( One for each Unit ). This property consists of two adjacent lots APNS 423-717-01-00 & 423-717-02-00.
Exterior Features

Carports 10 Construction BlockFrameStucco Parking Carports Parking Spaces Total 10 Roof Composition

Interior Features

Floor Coverings HardwoodTileVinyl Heating Wall Laundry Owned Sq Ft Of Improvement 5668 Stories 2 Story Unit Furnished1 No Unit Furnished2 No

Property Features

Actual Gross Scheduled Income 259260.0 Actual Operating Expense 94554 Assumable Finance 0 Buildings 2 Gross Equity 1900000 Gross Multiplier 21.2 Have 10 Units + 10 Parking Leased Apartments 10 Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 21000 Motive Want Sell/1031 Exchange Other Income Amount 600 Other Income Source Laundry Projected Cap Rate 5.6 Projected Cash On Cash 4.9 Projected Gross Multiplier 10.9 Short Sale No Sq Ft Source Tax Record Unit Number1 8 Unit Number2 2 Unit Rent Total1 15515 Unit Rent Total2 5490 Unit Rent1 1939 Unit Rent2 2745 Unit Type Apartment

San Diego MLS logo Listing provided courtesy of South Coast Commercial, Inc.: [IDXCONTACTINFORMATION]. Listing information © 2023 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101