This Multifamily Property is no longer advertised on LoopNet.com.

1129-1133 26th St
San Diego, CA 92102
26th Street Villas · Multifamily Property For Sale · 5 Units

Investment Highlights

  • Attractive Seller Financing: 5% Interest-Only for 5 Years - Positive Leverage
  • Market 5.55% Cap Rate & 6.28% Cash-on-Cash - 5 LTR units
  • Value-Add Opportunity
  • In-place 6.40% Cap Rate & 8.25% Cash-on-Cash - 2 LTR units & 3 STR units
  • 4 of 5 Units Have Been Remodeled and Recent Exterior Upgrades
  • Complete Communities Tier 3

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.09 AC
Building Size 2,401 SF
Average Occupancy 95%
No. Stories 2
Year Built 1916
Parking Ratio 1.25/1,000 SF
Zoning R-3

Amenities

Unit Amenities

  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Bay Window
  • Refrigerator
  • Basement
  • Deck

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 - 400 - 600

Property Taxes

Property Taxes

Parcel Number
534-301-04
Land Assessment
$900,000
Improvements Assessment
$705,000
Total Assessment
$1,605,000
  • Listing ID: 32656803

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 1129-1133 26th St, San Diego, CA 92102

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