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4821-25 Iroquois Ave ave - 4821-25 Iroquis Ave 4 Unit Apartment Building Offered at $1,995,000 San Diego, CA 92117
INVESTMENT HIGHLIGHTS
- Desirable Bay Park Area
- Panoramic Ocean and City Views
- Close to UTC & La Jolla
- Newly Built Duplexes
- Close to Beaches
- Very Low Vacancy
EXECUTIVE SUMMARY
This stunning 4-plex in the desirable Bay Park area features two newly built duplexes with modern design & beautiful views. The first duplex offers two units: one with 2 bedrooms/1 bath and the other with 1 bedroom/1 bath, both with panoramic ocean and city views, natural light, designer kitchens with quartz countertops, stainless steel appliances, solar panels, AC/heat, in-unit washer/dryer, and a private garage for each unit. The second duplex includes two spacious 2-bedroom/1-bath units, each with 808 sq. ft., vinyl plank flooring, in-unit washer/dryer, and private yards. Each unit also includes a garage parking space. Don’t miss this rare opportunity to own in a prime location with easy access to parks, dining, and scenic views.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$134,304
|
$34.86
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$134,304
|
$34.86
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $134,304 |
| Annual Per SF | $34.86 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $134,304 |
| Annual Per SF | $34.86 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
| Price | $1,995,000 | Lot Size | 0.14 AC |
| Price Per Unit | $498,750 | Building Size | 3,853 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Gross Rent Multiplier | 14.85 | No. Stories | 2 |
| No. Units | 4 | Year Built | 2023 |
| Property Type | Multifamily | Parking Ratio | 1.04/1,000 SF |
| Zoning | RM-1-1 | ||
| Price | $1,995,000 |
| Price Per Unit | $498,750 |
| Sale Type | Investment |
| Gross Rent Multiplier | 14.85 |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.14 AC |
| Building Size | 3,853 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2023 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | RM-1-1 |
AMENITIES
SITE AMENITIES
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 1+1 | 1 | - | - |
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Presented by
Baha & Associates Inc
4821-25 Iroquois Ave ave - 4821-25 Iroquis Ave
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