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1946 Reed Ave
San Diego, CA 92109
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 2,432 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1952 |
| Building Class | C | ||
| Zoning | R3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,432 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Zoning | R3 |
ABOUT 1946 REED AVE , SAN DIEGO, CA 92109
*** Please see attached marketing package*** Marcus and Millichap is pleased to offer four units in Pacific Beach on Reed Avenue. This property consists of four 2 bedroom 1 bath units. All units are remodeled and have new carpets. The property has 2 two car garages that have been converted into storage. The property is close to mission bay and could be a potential vacation rental play. The rents are below market at an average of 1525 that could easily be raised to 1800-1900. There is 4 parking spots on the lot in the alley and plenty of street parking. You can get residential, 30 year fixed financing on this deal which is one of the great benefits for someone looking to get into apartment investing with this turn key asset.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,525 | 608 |
PROPERTY TAXES
| Parcel Number | 424-182-27 | Improvements Assessment | $142,226 |
| Land Assessment | $1,479,176 | Total Assessment | $1,621,402 |
PROPERTY TAXES
