Log In/Sign Up
Your email has been sent.
Magnolia Manor 2669-2673 Magnolia Ave 8 Unit Apartment Building $2,950,000 ($368,750/Unit) 4.60% Cap Rate San Diego, CA 92109
EXECUTIVE SUMMARY
8 unit apartments. 6 units in two story building and 2 cottage style units next to it. All units have been renovated in the past 5 years. Water heater was replaced this year. Laundry is owned. Close to beach and easy freeway access. Low maintenance grounds and landscape.
PROPERTY FACTS
| Price | $2,950,000 | Property Subtype | Apartment |
| Price Per Unit | $368,750 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.60% | Lot Size | 0.13 AC |
| Sale Condition | 1031 Exchange | Building Size | 3,600 SF |
| Gross Rent Multiplier | 15.1 | No. Stories | 1 |
| No. Units | 8 | Year Built/Renovated | 1952/2018 |
| Property Type | Multifamily | Parking Ratio | 1.67/1,000 SF |
| Zoning | R-3 - Medium Density Residential Zoning | ||
| Price | $2,950,000 |
| Price Per Unit | $368,750 |
| Sale Type | Investment |
| Cap Rate | 4.60% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 15.1 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,600 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1952/2018 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | R-3 - Medium Density Residential Zoning |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 400 |
| 2+1 | 2 | - | 775 |
1 1
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 424-111-09 | Improvements Assessment | $382,774 |
| Land Assessment | $1,968,561 | Total Assessment | $2,351,335 |
PROPERTY TAXES
Parcel Number
424-111-09
Land Assessment
$1,968,561
Improvements Assessment
$382,774
Total Assessment
$2,351,335
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Magnolia Manor | 2669-2673 Magnolia Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.