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

Multifamily Property For Sale

4275 48th street

4275 48th street, San Diego, CA 92115

Price:
$1,210,000
No. Units:
16
Building Size:
9,240 SF
Price/Unit:
$75,625
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
7%
Gross Rent Multiplier:
8.40
Occupancy:
97%
No. Stories:
3
Year Built:
1969
Lot Size:
9,374 SF
Find Out More...

Last Verified 10/18/2009 Listing ID 16397757

Description

The subject property is comprised of four two-bedroom/ one-bath units, 10 one bedroom/ one-bath units and two non-conforming studio units. The complex is a three-story frame and stucco building, with a concrete slab foundation and a flat roof. There are five tandem on-site parking spaces in front and six gated carports on the ground level. Property shown with accepted offer. Buyer to verify all before COE.

48th street and Trojan Ave

Financial Summary

Unit Mix Information

Actual
Scheduled Gross Income
$144,600
Effective Gross Income
$140,262
Operating Expenses
$55,839
Net Operating Income
$84,423

Description	No. Units	Avg. Mo. Rent
2 bedroom / 1 bath	4	$925
1 bedroom / 1 bath	10	$745
studio	2	$450

Map of 4275 48th street, San Diego, CA 92115 (San Diego County)

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Rick Price (619) 725-3684

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Created 9/17/2009

Additional Information for 4275 48th Street, San Diego, CA 92115

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 4 Historic Listings
Sales Comparables Available - 0 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 -

4275 48th street, San Diego, CA, 92115