329-43 32Nd St San Diego, CA 92102

$600,000  
7,068 Sq.Ft. On Site: 15 Days
6 Beds
4 Baths
Built: 1945
Bread and butter 4-plex in PRIME OPPORTUNITY ZONE with great cash flow and rental upside. These units are an excellent investment- duplex consists of 2- 1BD/1BA units and 2 detached 2BD/ 1BA homes all with below market rents. Large 7068 SF full size lot zoned RM-2-5 with alley access and concrete driveway supporting plenty of off-street parking for units. Supports a projected CAP rate of 7% and 10 GRM. Great for an owner occupant as well. Easy freeway access close to downtown and Balboa Park. See suppl.
Status:Active
Property Type:Res Income 2-4 Units
MLS #:190019241
Year Built:1945
Sq. Feet:7068
On Site:15 Days
Lot Size:0.16 Acres

Detailed Maps

Community Information

Address:329-43 32Nd St San Diego, CA 92102
County:San Diego
Subdivision:Stockton
Zip Code:92102
Neighborhood:SAN DIEGO

Architecture

Bedrooms: 6
Bathrooms: 4
Year Built:1945
Stories:1
Exterior: Stucco
Total Stories: 1
Unit 1: 2 beds, 1 bath. Rent: $1100
Unit 2: 2 beds, 1 bath. Rent: $1000
Unit 3: 1 bed, 1 bath. Rent: $800
Unit 4: 1 bed, 1 bath. Rent: $850
Roof: Composition

Features / Amenities

Total Sq. Ft.:7068
Pets Allowed: Allowed w/Restrictions
Heating: Wall/Gravity
Heat Source: Natural Gas
Water Heater: Gas

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: 0.16 Acres
Lot Dimensions:4,000-7,499 SF
Site: Alley Access, Corner Lot, Public Street, Rear Yd Str Access, Sidewalks, Street Paved
Topography: Level
Water: Meter on Property
Sewer: Sewer Connected
Fencing: Partial
Directions:from I-805 South, merge on to MLKing Jr./ CA-94 West, EXIT Market St., LEFT on Market St., LEFT on 32nd Street

Tax and Financial Info

Gross Sched Income Actual: $45, 000
Gross Sched Income Projected: $58, 800
Annual Expense Actual: $17, 050
Annual Expense Projected: $17, 285
Cap Rate Actual: $5
Cap Rate Projected: $7
Tenant Pays: Cable TV, Electricity, Gas/Propane
Terms: Cal Vet, Cash, Conventional, FHA, VA

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Listing Information Last Updated 4/24/2019
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Listing information last updated on 4/24/2019 1:15 PM.