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$849,000 For Sale

3769-71 36th St.
San Diego, CA 92104

3 units | Multi Family 2-4 - MLS# 190015292
Property Photo
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Description

Great Value Add 3 Unit Investment Property in North Park! Located in the Opportunity Zone w/ close proximity to booming University Ave & easy freeway access. Rents well below market. Front unit is detached 2/1 w/ original hardwood floors approx 900sf, in-unit W/D. Duplex in back is two 2/1s approx 600sf each, one w W/D in unit. 1 car detached garage for additional storage. 2 parking in front driveway, 4 spaces in back off alley. So much potential for this solid investment property! Do Not Disturb Tenants

Features

  • # of Buildings: 2
  • # of Units w/Dryers: 2
  • # of Units w/Garage: 1
  • # of Units w/Patios: 3
  • # of Units w/Range/Oven: 3
  • # of Units w/Refrigerator: 3
  • # of Units w/Washers: 2
  • Annual Expense Actual: 10260
  • Cap Rate Actual: 4.4
  • Cap Rate Projected: 6.4
  • Community: North Park
  • Complex/Park: Cherokee Point
  • Cooling: Wall/Window
  • County/Area: San Diego County
  • Gross Rent Multiplier Act: 17.8
  • Gross Rnt Multiplier Proj: 13.1
  • Gross Sched Income Actual: 47700
  • Gross Sched Income Proj.: 64800
  • Listing Area: NORTH PARK (92104)
  • Listing Status: Active
  • Lot Size Area: 4, 000-7, 499 SF
  • Lot SqFt: 7002
  • Net Oper.Income Projected: 54540
  • Property Type: Multi Family 2-4
  • Roof: Composition
  • Sub Type: Multi Family 2-4
  • Subdivision: Cherokee Point
  • Subdivision/Neighborhood: Cherokee Point
  • Tenant Pays: Cable TV, Electricity, Gas/Propane
  • Terms: Cash, Conventional
  • Unit 1 # Bedrooms: 2
  • Unit 1 # of Full Baths: 1
  • Unit 1 # Total Baths: 1
  • Unit 1 Estimated SqFt: 900
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: 2000
  • Unit 1 Rent Actual: 1750
  • Unit 2 # Bedrooms: 2
  • Unit 2 # of Full Baths: 1
  • Unit 2 # Total Baths: 1
  • Unit 2 Estimated SqFt: 600
  • Unit 2 Projected Rent: 1600
  • Unit 2 Rent Actual: 1150
  • Unit 3 # Bedrooms: 2
  • Unit 3 # of Full Baths: 1
  • Unit 3 # Total Baths: 1
  • Unit 3 Estimated SqFt: 600
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 3 Projected Rent: 1800
  • Unit 3 Rent Actual: 1075
  • Units: 3
  • Year Built: 2000
  • Zip Code: 92104
  • Zoning: RM-1-1

Melissa Cizauskas | 12625 High Bluff Dr #102 San Diego, CA 92130 | 858.353.6985 | DRE #01228000 | Coastal Premier Properties Inc | DRE #01861547

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