4225 50th Street

    San Diego, CA 92115
    • $1,295,000
    • STATUS: ACTIVE
    • ON SITE: 131 days
    • ID#: 180007769
    UPDATED: 21 min ago
    $1,295,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    *New Upgrades*Strong unit mix of five, 2 bed 1 baths and one, 2 bed 1 bath. Numerous interior and exterior improvements that include but not limited to, interior floor, kitchen, and bathroom upgrades, brand new deck, brand new stair case landing, upgraded roof fascia, new exterior paint. Tenants enjoy onsite parking. Washer/dryer hookups on-site and ready for additional income. Tenants will appreciate that property is located north of Orange Avenue and is walking distance to schools, retail, and public recreational park/golf course.

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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/80748510

    4225 50th Street San Diego, CA 92115

    • Price: $1,295,000
    • Status: ACTIVE
    • Updated: 21 min ago
    • ID#: 180007769
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    San Diego (92115)
    County:
    San Diego
    Area:
    San Diego (92115)
    Property Description
    *New Upgrades*Strong unit mix of five, 2 bed 1 baths and one, 2 bed 1 bath. Numerous interior and exterior improvements that include but not limited to, interior floor, kitchen, and bathroom upgrades, brand new deck, brand new stair case landing, upgraded roof fascia, new exterior paint. Tenants enjoy onsite parking. Washer/dryer hookups on-site and ready for additional income. Tenants will appreciate that property is located north of Orange Avenue and is walking distance to schools, retail, and public recreational park/golf course.
    Exterior Features

    Carports 0 Parking Spaces Total 5 Units With Garages 0

    Interior Features

    Baths Unit1 1 Baths Unit2 1 Baths Unit3 1 Baths Unit4 1 Baths Unit5 1 Baths Unit6 1 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Bedrooms Unit5 2 Bedrooms Unit6 1 Sq Ft Of Improvement 3090 Stories 2 Story Unit Furnished1 N Unit Furnished2 N Unit Furnished3 N Unit Furnished4 N Unit Furnished5 N Unit Furnished6 N Units With Dishwashers 0 Units With Disposals 0 Units With Drapes 0 Units With Ranges 6 Units With Refrigerators 6

    Property Features

    Actual Cap Rate 4.51 Actual Gross Scheduled Income 90300 Actual Operating Expense 31605 Assumable Finance 0 Buildings 2 Gross Equity 650000 Gross Multiplier 14.39 Have Apartment - 6 Units Leased Apartments 6 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 7525 Motive Want Sell Projected Cap Rate 5.55 Projected Gross Scheduled Inc 11.7 Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Rent Total1 1100 Unit Rent Total2 1100 Unit Rent Total3 1100 Unit Rent Total4 1525 Unit Rent Total5 1600 Unit Rent Total6 1100 Unit Rent1 1100 Unit Rent2 1100 Unit Rent3 1100 Unit Rent4 1525 Unit Rent5 1600 Unit Rent6 1100 Unit Type Apartment

    Listing provided courtesy of Marcus & Millichap. 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.
     
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