Log In/Sign Up
Your email has been sent.
Chamoune Apartments 3845-3855 Chamoune Ave 22 Unit Apartment Building $6,095,000 ($277,045/Unit) 5.26% Cap Rate San Diego, CA 92105
Investment Highlights
- Highest Year 1 Yielding Deal in All of San Diego County ~ 7.8% Year 1!
- All Units Have Been Upgraded/Modernized
- Dynamic Unit Mix of 1, 2 and 3 Bedroom Units
- Highly Attractive Freddie Mac Assumable Debt - 3.03% Interest Only Thru March 2029
- Newer Roof, Windows, Exterior Paint, Security Systems, Fencing, Etc.
- Laundry Facilities and Ample Off Street Parking
Property Facts
| Price | $6,095,000 | Building Class | C |
| Price Per Unit | $277,045 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 9,350 SF |
| Cap Rate | 5.26% | Average Occupancy | 100% |
| Gross Rent Multiplier | 12.4 | No. Stories | 2 |
| No. Units | 22 | Year Built/Renovated | 1971/2022 |
| Property Type | Multifamily | Parking Ratio | 0.95/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | MR15B | ||
| Price | $6,095,000 |
| Price Per Unit | $277,045 |
| Sale Type | Investment |
| Cap Rate | 5.26% |
| Gross Rent Multiplier | 12.4 |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 9,350 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2022 |
| Parking Ratio | 0.95/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MR15B |
Amenities
Unit Amenities
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | $1,650 | 450 |
| 2+2 | 1 | $2,175 | 650 |
| 3+1 | 1 | $2,500 | 775 |
1 1
Walk Score®
Walker's Paradise (93)
Property Taxes
| Parcel Number | 471-581-35 | Improvements Assessment | $2,182,904 |
| Land Assessment | $3,289,744 | Total Assessment | $5,472,648 |
Property Taxes
Parcel Number
471-581-35
Land Assessment
$3,289,744
Improvements Assessment
$2,182,904
Total Assessment
$5,472,648
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Chamoune Apartments | 3845-3855 Chamoune 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.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.