Photo of Bob and Kathy Angello

Bob and Kathy Angello

858.775.9100

DRE# 00363809,01234973



$2,399,000

  • COMMERCIAL-RES INCOME
  • ACTIVE
  • MLS# 180021389

Description

Nine residential units in the beautiful community of Crown Point in Pacific Beach, San Diego. The investment opportunity offers an in-demand location with an attractive upside potential. The subject property consists of eight studio units approximately 300 square feet in size and one three bedroom one bath house approximately 950 square feet in size. Each studio has a designated kitchen and bathroom space as well as surface parking in front of the building and current rents include all utilities. The house features a manicured front lawn and an attached laundry room. The subject property is within walking distance to Sail Bay, Mission Bay, all of Crown point and the beach. With a location only 2 blocks to Sail Bay, the property gives tenants a desirable place to live with close proximity to several water activities. In addition, the shopping, restaurants, and nightlife of Grand and Garnet Avenues are less than a mile from the subject.

Property Details

Property type:
Commercial-Res Income
Number of Buildings:
2
Number of Stories:
2
Total Number of Parking Spaces:
7

Location

County:
San Diego

Directions

From Ingraham go West on Fortuna one block. The property is on the south-east corner of Haines and Fortuna.

Additional Details

Number of Units:
9
Number of Leased Apartments:
9
Number of Stories:
2
Total Monthly Rent:
$13,400
Price Per Unit:
$266,556
Down Payment:
$1
Gross Equity:
$2,650,000
SqFt of Improvement:
3,342
Lot Square Footage:
4,987
Assessors Parcel #:
423-422-01-00
Units with Ranges:
9
Units with Refrigerator:
9
Laundry:
Owned
Parking:
Spaces

Unit Details

Unit 1
Number of Units:
1
Number of Baths:
1
Rent:
$1,000
Unit Rental Total:
$1,000
Unit 2
Number of Units:
1
Number of Baths:
1
Rent:
$840
Unit Rental Total:
$840
Unit 3
Number of Units:
2
Number of Baths:
1
Rent:
$920
Unit Rental Total:
$1,840
Unit 4
Number of Units:
1
Number of Baths:
1
Rent:
$925
Unit Rental Total:
$925
Unit 5
Number of Units:
1
Number of Baths:
1.00
Rent:
$950
Unit Rental Total:
$950
Unit 6
Number of Units:
1
Number of Baths:
1.00
Rent:
$975
Unit Rental Total:
$975
Unit 7
Number of Units:
1
Number of Baths:
1.00
Rent:
$985
Unit Rental Total:
$985
Unit 8
Number of Units:
1
Number of Bedrooms:
3
Number of Baths:
1.00
Rent:
$2,700
Unit Rental Total:
$2,700

Features

Floor Coverings:
Wall to Wall Carpet
Laundry Utilities:
Owned

Listing provided by

Apartment Consultants, Inc.
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Crown Point

The quiet and quaint neighborhood of Crown Point is located on the southeast side of Pacific Beach. It is surrounded on three sides by Mission Bay. Crown Point offers a wide variety of homes that range from low $300,000 condos to $8 million single family bayfront homes.

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.


Presented By
Bob and
Kathy Angello

DRE# 00363809,01234973

858.775.9100

Email Us
Presented By
Bob and
Kathy Angello

DRE# 00363809,01234973

858.775.9100

Email Us

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.