Skip To Content
    Return to Previous Page

    Address Not Available By Request

    Poway, CA 92064
    • $1,444,000
    • STATUS: ACTIVE
    • ON SITE: 265 days
    • ID#: 200005794
    $1,444,000
    • 10
      BEDS
    • 4.43
      ACRES
    • 11
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Low density, washer & dryers in Units! 4.4 acre in city of Poway. Five (5) 2/2's 940sf MFH's built 2004, One (1) stick built 1.5 bath building approx 560sf. 5.3 cap on present NOI and anticipated typical expense+prop tax at SP. Rents are low for long term tenants, most recent rental contract is at $1,800.00 Permitted by the State. small mobile home park, feels like a retreat with great views. Area of large estate homes and trails, near the base of Mt. Woodson. Low expense well water and septic. Area for solar panels, accessory buildings, equipment, overflow parking. Zoning does not allow additional homes or lot splits. Drive by only, do not pull into driveway. Contact for apt to see the interior area and/or link with more photos. See conf rmk for video. Seller has ownership interest. Easement to be recorded for benefit of adjacent 2.4 acres parcel if not sold with this property. Value of the adjacent likely $100,000 to $300,000 May consider selling with adjacent lot.

    Monthly Payment Calculator

    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/102925364
    Print Image

    Address Not Available By Request Poway, CA 92064

    • Price: $1,444,000
    • Status: ACTIVE
    • ID#: 200005794
    10
    Beds
    11
    Baths
    1
    ½ Baths
    4.43
    Acres
    Neighborhood:
    Poway (92064)
    County:
    San Diego
    Area:
    Poway (92064)
    Property Description
    Low density, washer & dryers in Units! 4.4 acre in city of Poway. Five (5) 2/2's 940sf MFH's built 2004, One (1) stick built 1.5 bath building approx 560sf. 5.3 cap on present NOI and anticipated typical expense+prop tax at SP. Rents are low for long term tenants, most recent rental contract is at $1,800.00 Permitted by the State. small mobile home park, feels like a retreat with great views. Area of large estate homes and trails, near the base of Mt. Woodson. Low expense well water and septic. Area for solar panels, accessory buildings, equipment, overflow parking. Zoning does not allow additional homes or lot splits. Drive by only, do not pull into driveway. Contact for apt to see the interior area and/or link with more photos. See conf rmk for video. Seller has ownership interest. Easement to be recorded for benefit of adjacent 2.4 acres parcel if not sold with this property. Value of the adjacent likely $100,000 to $300,000 May consider selling with adjacent lot.
    Exterior Features

    Exterior Part FencedPart Landscaped Parking Other/RemarksRv ParkingSpaces Parking Spaces Total 12 Roof Composition

    Interior Features

    Cooling Central Forced Air Elec Floors SlabWood Heating Central Forced Air GasWall Sq Ft Of Improvement 5222 Units With Dishwashers 0 Units With Disposals 0 Units With Drapes 0 Units With Ranges 6 Units With Refrigerators 6

    Property Features

    Actual Cap Rate 5.32 Actual Gross Operating Income 99650 Actual Gross Scheduled Income 107400.0 Actual Mgr Expense 0 Actual Operating Expense 14409 Actual Prop Management 0 Actual Taxes Expense 6500 Actual Vacancy And Credit Loss 3000 Assumable Finance 0 Buildings 6 Complex Features Rv Parking Gross Equity 1200000 Gross Multiplier 13.44 Have Five Mfh + One Stick Blt Mandatory Remarks None Known Market Area North County Inland Monthly Rent Total 8950 Motive Want Exchange Projected Cap Rate 6.0 Projected Gross Multiplier 12 Projected Gross Operating Inc 109782 -122400 Projected Net Income 76800 Projected Operating Expense 16000 Projected Taxes Expense 17328 Special Rent ControlSellers Are Re Licensees Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Terms CashCash To New LoanExchange DownExchange Up Unit Number1 5 Unit Number2 1 Unit Rent1 1500-1800 Unit Type Other/Remarks Zoning Rra

    Listing provided courtesy of H & L Real Estate. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_200005794-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_200005794-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_200005794-2.jpg
    Logo
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101