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17277320
17277319

2050 Garnet Ave, San Diego, CA 92109 For Sale

Coldwell Banker Residential Brokerage Del Mar Village
Listed by Coldwell Banker Residential Brokerage Del Mar Village
$10,395,000
820 days on market
Updated 106 days ago

Baywatch Townhomes

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,062
Net Rentable (SqFt) 11,062
Units 8
Cap Rate 2.71%
NOI $281,716
Occupancy 100%
Price per SqFt $940
Broker Co-Op Yes
Class A
Year Built 1995
Year Renovated 2023
Buildings 2
Stories 2
Lot Size (SqFt) 15,603
Zoning R-4
Investment Type Core+
Ownership Fee

Pacific Beach beauty!!

Marketing description

This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area, the best location in Pacific Beach. Centrally located on a major artery and close to Beach, Bay & shopping. Dedicated garage parking for every unit. All units have washers and dryers and storage. Pacific Beach, generally known as the best urban beach in Southern California, from Tourmaline Surfing Beach to Mission Beach has three miles of boardwalk and beach with a year round access to the unparalleled San Diego weather. Activities are too many to list from surfing and boogie boarding, volleyball and Frisbee to wakeboarding/Jet skiing/ sailing/kayaking on Mission Bay or Ocean Beach or just walk the Garnet Shopping District or waiting for sunset to walk Crystal Pier. Bike the recently completed 19 mile Mission Bay path or simply enjoy the nightlife

Investment highlights

This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area, the best location in Pacific Beach. Centrally located on a major artery and close to Beach, Bay & shopping. Dedicated garage parking for every unit. All units have washers and dryers and storage. Pacific Beach, generally known as the best urban beach in Southern California, from Tourmaline Surfing Beach to Mission Beach has three miles of boardwalk and beach with a year round access to the unparalleled San Diego weather. Activities are too many to list from surfing and boogie boarding, volleyball and Frisbee to wakeboarding/Jet skiing/ sailing/kayaking on Mission Bay or Ocean Beach or just walk the Garnet Shopping District or waiting for sunset to walk Crystal Pier. Bike the recently completed 19 mile Mission Bay path or simply enjoy the nightlife

Listing Contacts

Coldwell Banker Residential Brokerage Del Mar Village
Listed by Coldwell Banker Residential Brokerage Del Mar Village

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$281,716.00
$23,476.33/mo

Valuation Metrics

0
DSCR
2.71%
Cap Rate
2.71%
ROI

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