Sq.Ft.9,790
Year47
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Robert & Joy Aumann
(858) 752-8730ASAP
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FOR SALE: 4088 Crown Point Drive San Diego CA 92109 | 230002968 |$11,775,000| Call Rob (858) 752-8730 for a TOUR!
Status:
Pending
Property Type:Com-Res Income
MLS #:230002968
Sq. Feet:9,790
On Site:1 Day
Lot Size:0.23 Acres
County:San Diego
Listing Agent/Office
Agent:Thomas Mccartin
Agent Phone:858-373-3100
Office:Marcus & Millichap
Rare Opportunity to acquire 20 Bay Front Apartment Units in the Crown Point section of Pacific Beach! Long Term Ownership has done an exceptional job in maintaining and improving the building over the years. Many recent Capital Improvements should ensure a property with little to no deferred maintenance. Great unit mix of mostly 2BR/2Bath units. Plenty of off-street parking spaces. Immediate Upside in income (Low Rents, Currently no Utility Reimbursement Program in Place, Tenants not paying for parking, etc.). Long term tenants. New Windows & Sliders, New Roof 2022, Multiple Units upgraded with new flooring, appliances, cabinets, etc. Seller may consider Financing a 1st or 2nd Note.
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Community Information
Address:4088 Crown Point Drive, San Diego, CA 92109
County:San Diego
City:San Diego
Area (MLS Code):Coastal South
Zip Code:92109
Features / Amenities
Amenities: Elevator
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:1.5 through 2.5 Acres
Zoning:Commercial
Tax and Financial Info
Gross Sched Income Projected: $806, 400
Other Income Projected: $17, 000
Cap Rate Projected: $4.82
Actual Operating Expense: $220, 472
Actual Gross Schd Income: $493, 720
Tenant Pays: Electricity, Gas
Terms: Owner May Carry 1st, Owner May Carry 2nd
Schools
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4088 Crown Point Drive San Diego, CA 92109
ASAP
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Mar
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Mar
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Mon
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Mar
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Mar
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Choose Your Date -- It's Free, Cancel Anytime
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