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    702-708 Whiting Court

    San Diego, CA 92109
    • $7,950,000
    • STATUS: ACTIVE
    • ON SITE: 55 days
    • ID#: 200041345
    UPDATED: 64 min ago
    $7,950,000
    • 7
      BEDS
    • 0.07
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 3,540
      SQFT
    • $2,246
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2016
    County:

    School Ratings & Info

    Description

    OCEAN FRONT Duplex-Mission Beach! New Const./Remodel 12/2016. Adjacent-Attached Townhouse Units. 3BR/4 Bath (1,685 sq ft) & 4BR/4Bath (1,855 sq ft). 180 Degree Coastal View From 3 Levels. Cape Cod inspired with Charm & Modern Elegance. Luxury Upgrades Inside & Out. 2 Separate 2 Car Garages + 1,470 Sq Ft of Deck Space with Ocean Views. No Expense Spared with These Units. Potential to Generate almost $725K/Yr as a Luxurious Vacation Rental. Sold Fully Furnished so ready to Produce Income Day 1!!!

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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 San Diego MLS. 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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.themarellygroup.com/homes/109406116
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    702-708 Whiting Court San Diego, CA 92109

    • Price: $7,950,000
    • Status: ACTIVE
    • Updated: 64 min ago
    • ID#: 200041345
    7
    Beds
    8
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,540
    SQFT
    $2,246
    $/SQFT
    2016
    Built
    Neighborhood:
    Mission Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    OCEAN FRONT Duplex-Mission Beach! New Const./Remodel 12/2016. Adjacent-Attached Townhouse Units. 3BR/4 Bath (1,685 sq ft) & 4BR/4Bath (1,855 sq ft). 180 Degree Coastal View From 3 Levels. Cape Cod inspired with Charm & Modern Elegance. Luxury Upgrades Inside & Out. 2 Separate 2 Car Garages + 1,470 Sq Ft of Deck Space with Ocean Views. No Expense Spared with These Units. Potential to Generate almost $725K/Yr as a Luxurious Vacation Rental. Sold Fully Furnished so ready to Produce Income Day 1!!!
    Exterior Features

    Exterior Wood/Stucco Fencing Gate Frontage Ocean/Sand Parking Garage Desc Unit1 AttachedTandem Parking Garage Desc Unit2 AttachedTandem Parking Garage Spaces Unit1 2 Parking Garage Spaces Unit2 2 Roof Composition Spa Heat Electric Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 2 Units With Patios 2 View OceanPanoramic Ocean

    Interior Features

    Cooling Central Forced AirZoned Area(S) Furnished Units 2 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Zoned AreasCombination Heating Heat Source Electric Stories 3 Story Total Baths Unit1 4 Total Baths Unit2 4 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 2 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2 Water Heater Type Tankless

    Property Features

    Actual Cap Rate 4.34 Age Restrictions N/K Annual Expense Actual 210858 Annual Expense Projected 232458 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Mission Beach Complex Features BbqSpa/Hot Tub Complex Park Mission Beach Cross Streets Strand Way & Whiting Court Gross Rent Multiplier Actual 14.72 Gross Rent Multiplier Project 11.04 Gross Scheduled Income Actual 540000 Gross Scheduled Income Project 720000 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 467293 Other Fees 0.0 Other Income Actual 0 Possession Close Of Escrow Projected Cap Rate 5.88 Projected Other Income 0.0 Sales Restrictions N/K Security Closed Circuit Tv Short Sale No Tenant Pays N/K Terms Conventional Unit Number For Unit1 702 Unit Number For Unit2 708 Unit1 Deposit 0 Unit1 Occupied Owner Unit1 Projected Rent 21000.0 Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 24000.0 Unit2 Rent Actual 15000.0 Vacation Rental By Owner Yes Water Available Zoning R-4 Mr

    Listing provided courtesy of Marcus & Millichap. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 San Diego MLS. 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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003