Photo of Nelson Brothers

Nelson Brothers

858.215.3739

DRE# 01376023, 01801493



$3,575,000

  • COMMERCIAL-RES INCOME
  • ACTIVE
  • MLS# 180027203

Description

1987 built apt consisting of 10 remodeled fully rented units in the heart of North Park, across street from “North Park Community Park” A++ Location appeals to higher income tenants. Asset has $400k in improvements including new roof, new dual-pane windows, new kitchens, new bathrooms, new hardwood type flooring, new courtyard, new landscaping, new coin-op washer/dryer. All upgrades will help ensure higher rents & lower maintenance costs!!

Property Details

Property type:
Commercial-Res Income
Age of Building:
31
Number of Buildings:
1
Number of Stories:
2

Location

County:
San Diego

Additional Details

Number of Units:
10
Number of Stories:
2
Total Monthly Rent:
$17,600
Price Per Unit:
$357,500
Down Payment:
$1,573,000
Gross Equity:
$1,581,000
Assumable Finance:
$1,861,500
SqFt of Improvement:
5,638
Lot Square Footage:
6,997
Assessors Parcel #:
446-301-11-00

Unit Details

Unit 1
Number of Units:
7
Number of Bedrooms:
1
Number of Baths:
1
Rent:
$1,700
Unit Rental Total:
$11,550
Unit 2
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
1
Rent:
$2,300
Unit Rental Total:
$2,300
Unit 3
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
1
Rent:
$2,000
Unit Rental Total:
$2,000
Unit 4
Number of Units:
1
Number of Bedrooms:
1
Number of Baths:
1
Rent:
$1,700
Unit Rental Total:
$1,700

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Central San Diego

Central San Diego is a pocket of smaller-sized communities that lie along some of the canyons and mountains just east of the Pacific. Including Mission Valley and Old Town – also known as the birthplace of California – the central part of San Diego is the core of the city and a mix of old and new. The old Mission, host of shops, and museums contrast with the nearby NFL stadium and ... Read More

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Presented By
Nelson
Brothers

DRE# 01376023, 01801493

858.215.3739

Email Us
Presented By
Nelson
Brothers

DRE# 01376023, 01801493

858.215.3739

Email Us

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.