3003-3007 K St
San Diego, CA 92102
3 Units Sherman Heights · Multifamily Property For Sale
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3 Units
Property Facts
| No. Units | 3 | Building Size | 3,322 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 2019 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R2 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,322 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2019 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | R2 |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Refrigerator
- Tub/Shower
- Window Coverings
About 3003-3007 K ST , SAN DIEGO, CA 92102
We are pleased to present 3003-07 K Street, a 3 unit multifamily investment opportunity with 2 new 2019 construction 3 Bedroom / 2 Bath Units and a 4 Bedroom / 2 Bath renovated front House originally built in 1960. The property features strong rents with low operating expenses due to low maintenance and sub-meters for water allowing for a high existing Cap Rate. The property has 5 off-street parking spaces. The units are fitted with A/C, washers and dryers, dishwashers, and stainless steel appliances. The property is close to transit, shopping, schools, downtown San Diego, and the Marina. Sherman Heights is a neighborhood in San Diego bordered by Golden Hill to the north, Grant Hill to the east, East Village to the west, and Logan Heights to the south. The Sherman Heights neighborhood has the following roadways as boundaries: Highway 94 to the north, Imperial Avenue to the south, and Interstate 5 to the west. Sherman Heights is a historic district with primarily historic homes. A high-density urban neighborhood, Sherman Heights is named after Mathew Sherman who purchased the land in 1867 just after Alonzo Horton purchased much of the area in now Downtown San Diego. Sherman Heights is known for the beautiful historic building named the Villa Montezuma which was build in 1887 by world traveler, noted spiritualist and pianist, Jesse Shepard.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | $3,100 | 1,222 |
| 3+2 | 2 | $2,650 | 1,050 |
Property Taxes
| Parcel Number | 545-291-01 | Improvements Assessment | $546,820 |
| Land Assessment | $874,915 | Total Assessment | $1,421,735 |
Property Taxes
