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Listing 7 out of 760
$1,395,000 For Sale

2572-2576 Broadway
San Diego, CA 92102

4 units | Multi Family 2-4
8712 sq ft lot - MLS# 170061435
Property Photo
1/25

Description

5.3% cap in Golden Hill! Seller motivated to close before end of year! Well located, well maintained, private triplex w/ spare Studio unit. Back bldng. built in 2008, comprised of (1) 2br-1.5ba unit, and a spare studio w/ separate entry and full kitchen. Front duplex built approx. 1949 and since updated, comprised of (1) 2br-1ba & (1) 1br-1ba. 1 off street space, 2 single car garages, and 1 double car garage. Property leased to successful corporate tenant, tenant pays all utilities, repairs <$500!, Professional corporate tenant currently renting the entire property has a lease in place until October 2018. Landlord pays for property taxes, insurance and any maintenance repairs over $500. Tenants pays all other expenses and any maintenance repairs under $500. Furnishings do not convey.

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Active
  • Listing Price: $1,395,000
  • County/Area: San Diego County
  • Zip Code: 92102
  • Year Built: 1980
  • Subdivision/Neighborhood: Golden Hill
  • Stories: 2 Story
  • Units: 4 units
  • Acres: 8712 sq ft lot
  • Zoning: R-4:MULTIP
  • # Units w/Cooling: 4
  • # Units w/Dishwashers: 4
  • # of Buildings: 2
  • # of Units w/Garage: 3
  • # of Units w/Range/Oven: 4
  • # of Units w/Refrigerator: 4
  • Annual Expense Actual: 17317
  • Cap Rate Actual: 5.28
  • Community: San Diego
  • Complex Features: Laundry Facilities
  • Cooling: Central Forced Air
  • Fencing: Full
  • Gross Rent Multiplier Act: 15.3
  • Gross Sched Income Actual: 91020
  • Heat Equipment: Forced Air Unit, Wall/Gravity
  • Listing Area: SAN DIEGO (92102)
  • Lot Size Area: 7, 500-10, 889 SF
  • Lot SqFt: 8479
  • Parking Garage Unit 1: Attached
  • Parking Garage Unit 2: Attached
  • Parking Garage Unit 3: Attached
  • Parking Non-Garage Unit 4: Uncovered
  • Roof: Composition
  • Siding: Wood/Stucco
  • Tenant Pays: Water, Electricity, Gas/Propane
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Total Baths: 2
  • Unit 1 # of Full Baths: 1
  • Unit 1 # of Half Baths: 1
  • Unit 1 Laundry Hook Ups: Common
  • Unit 1 Prkng Garage Space: 2
  • Unit 1 Rent Actual: 2500
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Total Baths: 1
  • Unit 2 # of Full Baths: 1
  • Unit 2 Laundry Hook Ups: Common
  • Unit 2 Prkng Garage Space: 1
  • Unit 2 Rent Actual: 1900
  • Unit 3 # Bedrooms: 1
  • Unit 3 # Total Baths: 1
  • Unit 3 # of Full Baths: 1
  • Unit 3 Laundry Hook Ups: Common
  • Unit 3 Prkng Garage Space: 1
  • Unit 3 Rent Actual: 1750
  • Unit 4 # Total Baths: 1
  • Unit 4 # of Full Baths: 1
  • Unit 4 Laundry Hook Ups: Common
  • Unit 4 Rent Actual: 1435
Courtesy of Apartment Consultants, Inc.

 

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