This Multifamily Property is Off-Market.

4321 Cass Street
San Diego, CA 92109 ·

10 Units · Multifamily For Sale

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Cass Street Apartments

Price N/A Property Use Type Investment
No. Units 10 Commission Split 2%
Building Size 6,088 SF Cap Rate 5.10%
Property Type Multifamily Gross Rent Multiplier 13.30
Property Sub-type Garden/Low-Rise Occupancy 100%
Listing ID: 17602261 Date Created: 04/03/2012 Last Updated: 06/25/2012

Description

This 10-unit opportunity consists of 8-1br/1ba units (rents ranging from $1250-$1300) and 2-2br/1ba units ($1700-$1750). Each unit is rented with a garage space. The property boasts a new roof as of 2011, laundry facilities and a balcony or patio for each unit. The building is located in an extremely desirable "pocket" of Pacific Beach and strategically lies on a corner lot. The property is a true "turn-key" asset which has spacious floor plans and full kitchen appliance packages. This is a must see!

Located in the Heart of Pacific Beach this exclusive property is located 3 blocks from Mission Bay and 3 blocks from the Pacific Ocean. The property is located in a very high rental demand area where turnover is scarce. Pacific Beach is one of San Diego County's strongest rental markets.

Research

4321 Cass Street, San Diego, CA 92109 (San Diego County)

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