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3976 Morrell St
San Diego, CA 92109
Crown Point 9-Units | Assumable Loan · Multifamily Property For Sale
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9 Units
Investment Highlights
- Prime Coastal San Diego Location Pacific Beach (Crown Point)
- Well-Maintained Property (Newer Roof, Vinyl Windows, Exterior Paint)
- *Optional assumable loan of 3.28% fixed for 3 more years (low leveraged, loan balance of ~ $960K)
- Directly Across the Street from Mission Bay
- 7 of 9 Units Remodeled the Last Several Years
Property Facts
| No. Units | 9 | Building Size | 3,550 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 1.13/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | RM-1-1 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,550 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | RM-1-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | $1,663 | 375 - 400 |
| 1+1 | 1 | $2,150 | 550 - 600 |
Property Taxes
| Parcel Number | 424-503-04 | Improvements Assessment | $408,000 |
| Land Assessment | $2,652,000 | Total Assessment | $3,060,000 |
Property Taxes
Parcel Number
424-503-04
Land Assessment
$2,652,000
Improvements Assessment
$408,000
Total Assessment
$3,060,000
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