1466 Pescadero Dr

    San Diego, CA 92107
    • $3,195,000
    • STATUS: ACTIVE
    • ON SITE: 49 days
    • ID#: 180001024
    Price Reduced
    UPDATED: 170 min ago
    $3,195,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    School District:

    Description

    Rare ocean front income producing property. 4 cottage style units with panoramic ocean views. Currently a vacation rental with many returning visitors. New double seawall! with large shared yard overlooking the beautiful pacific. Income numbers are from 2017 actuals. This is a wonder turn key asset that you could come to visit!

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.
    www.themarellygroup.com/homes/79735493

    1466 Pescadero Dr San Diego, CA 92107

    • Price: $3,195,000
    • Status: ACTIVE
    • Updated: 170 min ago
    • ID#: 180001024
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1955
    Built
    Neighborhood:
    Sunset Cliffs
    County:
    San Diego
    Area:
    Ocean Beach (92107)
    School District:
    San Diego Unified
    Property Description
    Rare ocean front income producing property. 4 cottage style units with panoramic ocean views. Currently a vacation rental with many returning visitors. New double seawall! with large shared yard overlooking the beautiful pacific. Income numbers are from 2017 actuals. This is a wonder turn key asset that you could come to visit!
    Exterior Features

    Boat Facilities No/Unknown Exterior StuccoWood/Stucco Fencing Full Frontage Ocean/BluffOcean/Sand Irrigation AutomaticDrip Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Parking Non Garage Desc Unit1 Assigned Parking Non Garage Desc Unit2 Assigned Parking Non Garage Desc Unit3 Assigned Parking Non Garage Desc Unit4 Assigned Pool N/K Roof Composition Site Alley Access Spa Community/Common Spa Heat Electric Topography Level Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 4 View OceanPanoramic Ocean

    Interior Features

    Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Bedrooms Unit4 1 Cooling Heat Pump(S) Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Furnished Units 4 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Combination Heating Heat Source Electric Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Estimated Sq Ft 550 Unit1 Laundry Hook Ups Yes Unit2 Estimated Sq Ft 550 Unit2 Laundry Hook Ups Yes Unit3 Estimated Sq Ft 550 Unit3 Laundry Hook Ups Yes Unit4 Estimated Sq Ft 550 Unit4 Laundry Hook Ups Yes Units With Cooling 4 Units With Dishwashers 4 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 2 Water Heater Type Gas

    Property Features

    Actual Cap Rate 4.35 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 70629 Annual Expense Projected 86000 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0 Community Ocean Beach Complex Features BbqBeach RightsLaundry FacilitiesSpa/Hot Tub Complex Park N/A Cross Streets Pescadero Ave Gross Rent Multiplier Actual 15.34 Gross Rent Multiplier Project 13.95 Gross Scheduled Income Actual 211866 Gross Scheduled Income Project 233052 Home Owners Assoc Fee Includes N/K Home Owners Fees 0 Jurisdiction Incorporated Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 147052 Other Fee Type N/K Other Fees 0 Other Income Actual 0 Pets Yes Possession Close Of Escrow Projected Cap Rate 4.5 Projected Other Income 2500 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Wired High Speed Internet Tenant Pays N/K Terms CashConventional Unit Number For Unit1 1466 Unit Number For Unit2 1468 Unit Number For Unit3 1470 Unit Number4 1472 Unit1 Deposit 5000 Unit1 Occupied Tenant Unit1 Projected Rent 50251 Unit1 Rent Actual 45683 Unit2 Deposit 5000 Unit2 Occupied Tenant Unit2 Projected Rent 56278 Unit2 Rent Actual 51162 Unit3 Deposit 5000 Unit3 Occupied Tenant Unit3 Projected Rent 58060 Unit3 Rent Actual 52782 Unit4 Deposit 5000 Unit4 Occupied Tenant Unit4 Projected Rent 68463 Unit4 Rent Actual 62239 Vacation Rental By Owner Yes Water Meter On Property Water District City Of San Diego Zoning R-4:Multip

    Listing provided courtesy of Homecoin.Com. Listing information © 2018 SANDICOR, Inc.



    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.
    The Marelly Group | Realty One Group
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003