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Browse More Listings in Multifamily For Sale, San Diego, CA or California

Multifamily Property For Sale

3701 Adams Ave.

3701 Adams ave., San Diego, CA 92116

Price:
$1,650,000
No. Units:
13
Building Size:
6,256 SF
Price/Unit:
$126,923.08
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
5.75%
Gross Rent Multiplier:
11.13
Occupancy:
100%
No. Stories:
2
Lot Size:
6,250 SF
Find Out More...

Last Verified 10/23/2009 Listing ID 16157905

Highlights

Strong upside in rents with minor interior upgrades
Excellent location
Newly rehabbed exterior

Easy to lease units

Description

Excellent location-Normal Heights. Rehabbed exterior. Low maintenance. This property will make a valuable addition to any investor's portfolio. Strong upside in rents with some minor interior improvements.

Close to schools, shops, entertainment, and transportation in the heart of Normal Heights--one of San Diego's prime locations. Stable population and income growth.

Attachments

Enhanced Listing Web Site

Financial Summary

Unit Mix Information

Actual
Scheduled Gross Income
$148,240
Operating Expenses
$48,842
Net Operating Income
$94,951

Description	No. Units	Avg. Mo. Rent
Studio	1	$795
1-bedroom	11	$906
2-bedroom	1	$1,175

Map of 3701 Adams ave., San Diego, CA 92116 (San Diego County)

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Presented by

Epifany Properties, Inc.

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Contact Listing Broker

Richard St. Rose (619) 232-3687

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Created 3/21/2009

Additional Information for 3701 Adams Avenue, San Diego, CA 92116

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - 3701 Adams Ave.

3701 Adams ave., San Diego, CA, 92116