Listed by Joe Carta Realty
$4,995,000
3574 4th ave
Details
APN 452-402-27-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,506
Units 8
Cap Rate 4.45%
NOI $222,500
Class C
Buildings 2
Parking Spaces 8 spaces
Parking per 1,000 SqFt 1.45
8-Unit Banker's Hill Gem | Strong NOI $222.5K | Prime Uptown San Diego Multifamily Investment
Marketing description
The Perfect Opportunity to Obtain a Signature Income Property with Significant Architectural Design Between Historic Banker's Hill, Hillcrest
and Uptown San Diego. Truly a Landmark Building, Marking the Golden Era of out City's History, Super Prime Location for the Astute Investor,
Adjacent to Numerous New Developments. This Mix of (4) Plex PLUS (4) Newer Modern STUDIO Units, All Residences Have Stoves,
Refrigerators, Dishwasher, Washer & Dryers, Air Conditioners, (8) Parking Spaces, Lot Size: 50x132 with Alley. GSI= 264,000, NOI=$222,500
Cap Rate: 4.45%
Investment highlights
- (4) 1 bed 1 bath rentals
- (4) studio 1 bath rentals
- Gsi= $264,000
- (8) upgraded kitchens
- (8) upgraded bathrooms
- (8) air conditioners
- (8) washer & dryers
- (8) parking spaces total
Listing Contacts
Listed by Joe Carta Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$222,500.00
$18,541.67/mo
Valuation Metrics
0
DSCR
4.45%
Cap Rate
4.45%
ROI
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