On Site1 day
Year54
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Robert & Joy Aumann
(858) 752-8730ASAP
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FOR SALE: 1478 Hornblend St San Diego CA 92109 | 230001102 |$4,995,000| Call Rob (858) 752-8730 for a TOUR!
Status:
Active
Property Type:Com-Res Income
MLS #:230001102
On Site:1 Day
County:San Diego
Listing Agent/Office
Agent:Carson Trujillo
Agent Phone:858-373-3285
Office:Marcus & Millichap
1478 Hornblend St will be delivered VACANT so you can immediately set market rents with no evictions. Approved plans and permits to convert the garages to (2) studio units, approx. 420 SF each, will transfer with the sale making this property 10 units total. This asset is currently operated as an 8-unit short-term vacation rental. Comprised of (3) 2-bedroom/1-bathroom units and (5) 1-bedroom/1-bathroom units. In addition, this property has two double garages facing the alley with plans approved by the city to add two ADU studio units. Currently one of the unit's interiors has been recently renovated and the other seven recently refreshed. Exterior renovations include new paint, dual pane vinyl windows, and drought tolerant landscaping. The property is currently fully furnished and rented as short-term vacation rentals. Investors may continue to operate as is, rent as monthly rentals, or continue renovating the property increasing rents even further.
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Community Information
Address:1478 Hornblend St, San Diego, CA 92109
County:San Diego
City:San Diego
Area (MLS Code):Coastal South
Zip Code:92109
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
Tax and Financial Info
Cap Rate Actual: $4.35
Cap Rate Projected: $5.25
Actual Operating Expense: $92, 793
Actual Gross Schd Income: $307, 800
Schools
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1478 Hornblend St San Diego, CA 92109
ASAP
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24
Mar
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25
Mar
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Mar
Mon
27
Mar
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Mar
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Mar
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Mar
Choose Your Date -- It's Free, Cancel Anytime
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