Hascall Realty, CA DRE #01241413
Rhonda Hascall, Hascall Realty, CA DRE #01241413Phone: (619) 838-9044
Email: [email protected]
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listing
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CommercialFor Sale
$5,309,000
1948 Emerald Street
San Diego, CA 92109
Listed by Jason Lipovsky DRE#01349086 [email protected] Venture Pacific Properties
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$27,504/mo

PACIFIC BEACH MULTIFAMILY CAP RATE 4.53/5.01, GSI $319,812/$345,600 ACTUALS/PROFORMA, 1988 BUILT, 8 TOWNHOME STYLE UNITS ALL 2 BEDROOMS/2 BATH (16 TUB/SHOWERS), 16 TANDEM PARKING 2 PER UNIT, ON SITE COIN LAUNDRY. SEPARATE ELEC/GAS METER, OVERSIZED OUTDOOR PATIOS. 1.32 MILES (7-10 MIN) TO BEACH 4 UNITS FULLY REMODELED THE REST VERY UPDATED, NEWER APPLIANCES AND WATER HEATER. SPACIOUS OPEN FLOORPLAN/KITCHEN, STAINLESS REFRIGERATOR. VERY CLOSE TO SHOPPING BEACH AND FWYS. EACH UNIT APPX 730 SQUARE FEET. 4 UNITS FRONT, 4 UNITS IN BACK. 34 YEARS OWNER MANAGED WITH HIGH QUALITY LONG TERM TENANTS. OWNERS JUST PASSED BUILDING INSPECTION. OWNERS RETIRING. EVEN CONVERT TO AIRBNB OR SHORT TERM RENTALS

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