This property is Off-Market
4321 Cass Street
San Diego, CA 92109 ·
10 Units · Multifamily For Sale
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|
|Listing ID: 17602261||Date Created: 04/03/2012||Last Updated: 06/25/2012|
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.
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