1050 Scott Street

Point Loma, CA 92106 View Map $8,800,000 Schedule a Tour
Sq.Ft.10,076
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Status: Active
Listing Office:Homevest Realty
Property Type:Res Income 2-4 Units
MLS #:302952733
Sq. Feet:10,076
On Site:30 Days
Lot Size:0.23 Acres
County:San Diego
8 unit multi-building 2 story complex built in 2002 and located in Point Loma Village. Prime location with low vacancy. Generates $31K/monthly rental income. Property consists of four 3 br/2.5 bath + den units ($4K rent/month each), two 3br/2.5 bath units ($3750 rent/month each), and two 2 br/2.5 bath + den units ($3700K rent/month each). Units range between 1400-1800 sq ft, totaling 13,296 rentable sq ft. Dens are large enough to be used as 4th bedrooms to allow for higher rents. Units feature washer/dry

8 unit multi-building 2 story complex built in 2002 and located in Point Loma Village. Prime location with low vacancy. Generates $31K/monthly rental income. Property consists of four 3 br/2.5 bath + den units ($4K rent/month each), two 3br/2.5 bath units ($3750 rent/month each), and two 2 br/2.5 bath + den units ($3700K rent/month each). Units range between 1400-1800 sq ft, totaling 13,296 rentable sq ft. Dens are large enough to be used as 4th bedrooms to allow for higher rents. Units feature washer/dryer hookups, carpet, and a gated underground parking for all tenants. This multi-family property is perfect for condo conversion as it is built to condominium specifications. Located blocks away from restaurants, harbor and Shelter Island.

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$000 Monthly Payment
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Detailed Maps

Community Information

Address:1050 Scott Street Point Loma, CA 92106
County:San Diego
Subdivision:Point Loma
Zip Code:92106

Architecture

Features / Amenities

Total Sq. Ft.:10076

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Size: 0.23 Acres
Lot Dimensions:7,500-10,889 SF
Site: Sidewalks
Topography: Level
Zoning:Assessor

Tax and Financial Info

Gross Sched Income Actual: $372, 000
Annual Expense Actual: $47, 100
Cap Rate Actual: $4
Net Operating Income: $325,000
Terms: Cash, Conventional

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1050 Scott Street Point Loma, CA 92106
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1050 Scott Street Point Loma, CA 92106
 
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