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

Multifamily Property For Sale

1526-30 Myrtle

1526-30 Myrtle, San Diego, CA 92103

Price:
$899,000
No. Units:
2
Building Size:
2,045 SF
Price/Unit:
$449,500
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
4.09%
Occupancy:
100%
No. Stories:
1
Year Built:
1951
Lot Size:
5,497 SF
Tax ID / APN #:
452-331-51-00
Parking Ratio:
2 / 1,000 SF
Find Out More...

Last Verified 11/21/2009 Listing ID 16440648

Description

Seller will entertain offers between $849,000 to $899,000. Great corner lot property in the highly sought after community of Marston Hills. Property is being sold alone, or in combination with 3 adjoining parcels on the same street. Contact List agent for more information on these other properties. Each unit includes large outdoor patio/yard, detached garage, and spacious rooms. All four parcels have been highly upgraded and metticulously maintained. Call listing agent for particulars on this rare opportunity. Property may be shown with accepted offer. Please do not disturb tenants at this time. Current owner is selling all four parcels.

This parcel is located within the "Marston Hills" subdivision of 92103 and located within walking distance of the San Zoo & Balboa Park. Directions - Take Park Blvd to Myrtle, west on Myrtle for two blocks.

Financial Summary

Unit Mix Information

Actual
Year
2008
Scheduled Gross Income
$41,880
Effective Gross Income
$41,880
Operating Expenses
$7,526
Net Operating Income
$34,354

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
1526 Myrtle Avenue	1	$199	114
1530 Myrtle Avenue	1	$149	900

Map of 1526-30 Myrtle, San Diego, CA 92103 (San Diego County)

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Presented by

Ascent Real Estate

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Contact Listing Broker

Daniel Murphy (619) 417-0154

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Created 10/21/2009

Additional Information for 1526 Myrtle Avenue, San Diego, CA 92103

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
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 - 1526-30 Myrtle

1526-30 Myrtle, San Diego, CA, 92103