Log In/Sign Up
Your email has been sent.
2646-2650 Juan St 3 Unit Apartment Building $1,595,000 ($531,667/Unit) 3.72% Cap Rate San Diego, CA 92110
Investment Highlights
- Prime Old Town San Diego Location
- Ample Onsite Parking
- Perfect for Investor or Owner-Occupant
- Recent Roof, Plumbing and Sewer-Line Upgrades
Executive Summary
3-Unit multifamily property located in the high-demand rental market of Old Town San Diego. Situated on an large 8,068 SF lot, the property consists of one (1) 2Bdrm/1Bath cottage-style unit with private yard, and two (2) 1Bdrm/1Bath units, each with private patios. All units have in-unit laundry and dedicated parking. The property is fully occupied (month-to-month) and has been significantly updated in recent years including a new roof, plumbing, sewer-line upgrades and new water heaters. A strong income-producing asset with upside in rents in a prime Old Town location is perfect for an owner-occupant or investor.
Property Facts
| Price | $1,595,000 | Property Subtype | Apartment |
| Price Per Unit | $531,667 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.72% | Lot Size | 0.19 AC |
| Gross Rent Multiplier | 17.6 | Building Size | 1,750 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1948 |
| Zoning | OTRM-1-1 - Residential Multi-Family | ||
| Price | $1,595,000 |
| Price Per Unit | $531,667 |
| Sale Type | Investment |
| Cap Rate | 3.72% |
| Gross Rent Multiplier | 17.6 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 1,750 SF |
| No. Stories | 1 |
| Year Built | 1948 |
| Zoning | OTRM-1-1 - Residential Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $3,000 | 750 |
| 1+1 | 2 | $2,275 | 500 |
Walk Score®
Very Walkable (77)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 442-662-16 | Improvements Assessment | $251,206 |
| Land Assessment | $628,023 | Total Assessment | $879,229 |
Property Taxes
Parcel Number
442-662-16
Land Assessment
$628,023
Improvements Assessment
$251,206
Total Assessment
$879,229
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2646-2650 Juan St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.