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OCEAN BEACH INCOME PROPERTY
West Point Loma Blvd & Muir Avenue, San Diego, CA 92107
$3,700,000
12
6,327 SF
$308,333.33
Multifamily
Garden/Low-Rise
Investment
2.5%
3.10%
100%
15,829.70 SF
- Electricity/Power
- Irrigation
- Water
- Telephone
- Cable
- Gas/Propane
-
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Last Verified 11/8/2009
Listing ID 16242799
Description
448-042-18-00 5161 West Point Loma Blvd rent total for this APN $2050
448-042-19-00 vacant land =$0 rent
448-042-20-00 5158-5162 Muir Ave Triplex rent total=$3,600
448-042-22-00 5150-5152 Muir Ave Duplex rent total=$2,450
448-042-23-00 5146-5148 Muir Ave Duplex rent total=$2,400
448-042-25-00 5142-5144 Muir Ave triplex rent total=$3,225
Rare opportunity for such a large group pf parcels near the beach in Ocean Beach, this property is at the corner of West Point Loma Blvd and Muir Avenue. A second story building placed here would have an Ocean View. There are 6 parcels, with 3 Duplexes and 2 Triplexes and a vacant lot. Owner may carry! Gross scheduled income is $161,100, operating expenses $43,496.05, net operating income $117603.95,Total P&I PMT $102,785.09, cash flow pre tax $14818.86
Map of West Point Loma Blvd & Muir Avenue, San Diego, CA 92107 (San Diego County)
Created 5/18/2009
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.