1379 27th St | San Diego, CA 92154
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- LoopNet Team
1379 27th St
San Diego, CA 92154
Cinnamon Woods Apartments · Multifamily Property For Sale
·
88 Units
INVESTMENT HIGHLIGHTS
- QUALITY CONSTRUCTION Built in 1985
- VALUE-ADD opportunity to complete interior and exterior renovations.
- IMPLEMENT a utility bill back program (RUBS) to increase income.
- ESIRABLE UNIT MIX with a majority of 2-bedroom floor plans.
- BELOW market rents even in an as-is condition.
- TRANSIT RICH area with light rail Iris Avenue Trolley Station 1/2 miles away
PROPERTY FACTS
| No. Units | 88 | Lot Size | 4.35 AC |
| Property Type | Multifamily | Building Size | 67,850 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | B | Parking Ratio | 2.21/1,000 SF |
| Zoning | RM-1-1 | ||
| No. Units | 88 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.35 AC |
| Building Size | 67,850 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 2.21/1,000 SF |
| Zoning | RM-1-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Freezer
- Pantry
- Patio
- Smoke Free
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Picnic Area
- Pool
- Spa
- Tenant Controlled HVAC
- Gated
- Grill
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | $1,248 | 600 |
| 2+1 | 32 | $1,565 | 750 |
| 2+2 | 40 | $1,649 | 825 |
PROPERTY TAXES
| Parcel Number | 630-150-06 | Improvements Assessment | $14,942,763 |
| Land Assessment | $12,734,496 | Total Assessment | $27,677,259 |
PROPERTY TAXES
Parcel Number
630-150-06
Land Assessment
$12,734,496
Improvements Assessment
$14,942,763
Total Assessment
$27,677,259
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