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5236 Naranja St
San Diego, CA 92114
Las Olas Apartments · Multifamily Property For Sale
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15 Units
Investment Highlights
- Immediate Rental Upside - REAL PRO FORMA 6.2 CAP
- Property Extensively rehabbed in 2018 and Professionally managed.
- Walking distance to Trolley light rail station and shopping
- Opportunity Zone
- Excellent Unit mix mostly Two Bedroom Units w/ garages.
- 10 garages and 17 off street parking spaces on-site
Property Facts
| No. Units | 15 | Building Size | 8,770 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1986/2017 |
| Building Class | C | Parking Ratio | 3.42/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | RM 2-5 - Multiple Residential Dwelling Units | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 8,770 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1986/2017 |
| Parking Ratio | 3.42/1,000 SF |
| Zoning | RM 2-5 - Multiple Residential Dwelling Units |
Amenities
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,148 | 476 |
| 2+1 | 10 | $1,500 | 644 - 660 |
Property Taxes
| Parcel Number | 548-051-09 | Improvements Assessment | $1,298,917 |
| Land Assessment | $2,164,864 | Total Assessment | $3,463,781 |
Property Taxes
Parcel Number
548-051-09
Land Assessment
$2,164,864
Improvements Assessment
$1,298,917
Total Assessment
$3,463,781
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