FOR SALE: 3536-40 Georgia St. San Diego CA 92103 | 220024805 |$2,825,000| Cal Rob (858) 752-8730 for a TOUR!
Property Type:Res Income 2-4 Units
On Site:46 Days
Office:Apartment Consultants, Inc.
Fantastic location just blocks from Balboa Park. Great unit mix of two-one bedroom and two-three bedroom units. All kitchens were redone within the past six years. New stucco and paint in 2016. Replaced $20k of sewer pipe and installed new quarter turn angle stops. Those stops decrease the chance of later maintenance issues. The attached garage is a single car, plus laundry area and space for two water heaters, maintenance supplies and tools. CA Density bonus law and city of SD policy allow that space to be converted into a fifth unit.
$000 Monthly Payment
Loan and interest only.
Address:3536-40 Georgia St. San Diego, CA 92103
Area (MLS Code):Metro Uptown
Bathrooms: 5 Full / 1 Half
Total Stories: 2
Unit 1: 1 bed, 1 bath. Rent: $1850.0
Unit 2: 1 bed, 1 bath. Rent: $1500.0
Unit 3: 3 beds, 1 bath. Rent: $3144.0
Unit 4: 3 beds, 3 baths. Rent: $2975.0
Roof: Composition, Tile/Clay
|Extra Room 1|
|Extra Room 2|
|Extra Room 3|
Lot Dimensions:7,500-10,889 SF
Fencing: Gate, Partial
Tax and Financial Info
Gross Sched Income Actual: $114, 924
Gross Sched Income Projected: $125, 136
Annual Expense Actual: $44, 433
Annual Expense Projected: $44, 433
Other Income Actual: $1, 296
Other Income Projected: $1, 296
Cap Rate Actual: $2
Cap Rate Projected: $3
Tenant Pays: Electricity, Gas/Propane
Terms: Cash, Convent