Prime central Hillcrest location with 7 very clean units with outstanding rental history in high demand area. Walk to Hillcrest, Balboa Park, shops, restaurants. Professionally managed and well maintained. Please do not disturb teants. Rent Roll and Pro Forma Attached. While deemed reliable, Buyer to verify and confirm all information and data prior removal of contingencies.
Property Type:
Com-Res Income
Price Per Unit:
164285.0
Price Per SqFt:
$196.85
Lease per Sq Ft:
$205.80
Finished area:
7,135 sq. ft.662.86 m2
Lot Size:
0.16 acre(s)0.07 hectare(s)
Lot Size Commercial:
.25 through .50 Acres
Num Stories:
3
County:
San Diego
Market Area:
Metro Uptown
Number of Buildings:
2
Number of Units:
7
Stories:
3 Story
Unit Type:
Other/Remarks
Year Built:
50
Days on market:
23
Cap Rate.:
4.85
Gross Multiplier:
13.88
Cash flow:
18411.0
Gross operating income:
81480
Gross scheduled income:
82,800
Net operating income:
55786
Other income:
180
Operating expense:
27194
Projected gross scheduled income:
SEE ATTACHMENT
Motive / Want:
Sale
Financial Information Source:
Other/Remarks
Existing Financing:
Clear
Sixth Avenue between Upas and Robinson
Listing Type:
Exclusive Right (R)
Complex Features:
Other/Remarks
Exterior Finish:
Part Landscaped
Special:
Other/Remarks
Parking:
Garages, Carports
Total Parking Spaces:
5
Cooling:
N/K
Heating:
Central Forced Air Gas
Laundry:
Leased
Floor finish:
Wall to Wall Carpet, Other/Remarks
Construction Material:
Frame
Roof:
Composition
Terms:
Cash, Other/Remarks
Number of Studio:
0
Number of Units with Disposals:
7
Number of Units with Drapes:
7
Number of Units with Garages:
5
Number of Units with Range/Oven:
7
Number of Units with Refrigerators:
7
Zoning:
MCCPD MR 8
Parcel Number:
452-430-09-00
Court/Lender Approval:
No
Listing information last updated on 17-Sep-2011 1:47 AM