Welcome or Register
Back to Saved Search
Listing 25 out of 1,319
$695,000 For Sale

3135-37 Boundary Street
San Diego, CA 92104

2 units | Multi Family 2-4 - MLS# 190050232
Property Photo
1/4

Description

Superb Location in the North Park/South Park Area. This is Mainly a Single Family Neighborhood. This is the Best Priced 2 Unit Property in the Area West of 805. 2-2BR/1BA Units and 1 Garage in the Rear. 3 Parking Spaces. There is a common laundry room next door. Fantastic Upside in the Rents!! With Minimal Upgrades the Rents Could Be $1,800. With Full Upgrades you might get $2,100. There is a common driveway easement shared with the neighboring owners. Please do not disturb tenants.

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92104
  • Year Built: 1958
  • Subdivision/Neighborhood: North Park
  • Units: 2 units
  • # of Buildings: 2
  • # of Units w/Garage: 1
  • # of Units w/Range/Oven: 2
  • # of Units w/Refrigerator: 2
  • Annual Expense Actual: 8035
  • Annual Expense Projected: 11774
  • Cap Rate Actual: 3.48
  • Cap Rate Projected: 4.54
  • Community: North Park
  • Complex Features: Laundry Facilities
  • Complex/Park: Duplex
  • Fencing: Partial
  • Gross Rent Multiplier Act: 20.91
  • Gross Rnt Multiplier Proj: 15.55
  • Gross Sched Income Actual: 33240
  • Gross Sched Income Proj.: 44700
  • Heat Equipment: Wall/Gravity
  • Heat Source: Natural Gas
  • Listing Area: NORTH PARK (92104)
  • Lot Description: Public Street
  • Lot Size Area: 4, 000-7, 499 SF
  • Net Oper.Income Projected: 31585
  • Parking Garage Unit 1: Assigned
  • Parking Non-Garage Unit 1: Detached
  • Parking Non-Garage Unit 2: Detached
  • Roof: Composition
  • Sewer/Septic: Sewer Connected
  • Siding: Stucco
  • Telecommunications: Cable (coaxial)
  • Tenant Pays: Cable TV, Electricity, Gas/Propane
  • Terms: Cash, Conventional
  • Topography: Slope Gentle
  • Unit # for Unit 1: 3135
  • Unit # for Unit 2: 3137
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Total Baths: 1
  • Unit 1 # of Full Baths: 1
  • Unit 1 Deposit: 1195
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: 1800
  • Unit 1 Rent Actual: 1395
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Total Baths: 1
  • Unit 2 # of Full Baths: 1
  • Unit 2 Deposit: 1990
  • Unit 2 Projected Rent: 1800
  • Unit 2 Rent Actual: 1250
  • Water: Meter on Property
  • Water Heater Type: Gas
Courtesy of Apartment Consultants, Inc.

 

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Contact Us





* fields are required
Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu