Listing ID220014644
Sold For$1,270,000
StatusSOLD
SqFt
6,301
CountySan Diego
Year Built1950
Property Type2-4 Units
We are pleased to present the Superior Street Cottages, 3 detached 2 bed/1 bath homes located in the Mountain View neighborhood of south San Diego. This opportunity offers buyers multiple options, an owner occupy buyer can live in one unit, possibly 3845 which includes a garage, basement and two gated parking spaces and rent out the other two units. Or the cashflow minded investor can purchase a turn-key, stabilized market rent asset and lock in 30 year fixed residential financing. Current rents are strong, ACTUAL GRM is 14.19 and the CAP rate is 4.69%. Recent upgrades include new roofs, new insulation, new appliances, cabinets, granite countertops, bathrooms, kitchens, crown molding, recessed lighting, and more. In addition, amenities include individual washer/dryer in each unit and individual fenced patios/yards for tenants to enjoy.
County
San Diego
City
San Diego
Property Type
2-4 Units
Year Built
1950
Cooling
N/K
Levels
1 Story
Total Stories
1
Unit 1 Estimated SqFt
702
Unit 1 Laundry Hook Ups
Yes
Unit 1 Number of Bedrooms
2
Unit 1 Number of Full Baths
1
Unit 1 Number Total Baths
1
Unit 2 Estimated SqFt
702
Unit 2 Laundry Hook Ups
Yes
Unit 2 Number of Bedrooms
2
Unit 2 Number of Full Baths
1
Unit 2 Number Total Baths
1
Unit 3 Estimated SqFt
702
Unit 3 Laundry Hook Ups
Yes
Unit 3 Number Bedrooms
2
Unit 3 Number of Full Baths
1
Unit 3 Number Total Baths
1
Unit Number for Unit 1
3841
Unit Number for Unit 2
3843
Unit Number for Unit 3
3845
Entry Only
no
Exterior
Other/Remarks
Fencing
Full
Lot Size
4,000-7,499 SF
Neighborhood
Mountain View
Number of Buildings
3
Number of Units
3
Number of Units w/Dryers
3
Number of Units w/Garage
1
Number of Units w/Patios
3
Number of Units w/Range/Oven
3
Number of Units w/Refrigerator
3
Number of Units w/Washers
3
Number Units w/Dishwashers
2
Roof
Other/Remarks
Unit 3 Parking Garage Space
1
Community
SAN DIEGO
Complex/Park
N/A
Country
United States
Market Area
Metro Central
Zip/Area
LOGAN HEIGHTS (92113)
Additional Property Use
N/K
Property Type
2-4 UNITS
Age Restrictions
N/K
Annual Expense Actual
29946
Cap Rate Actual
4.69
Financing
VA
Gross Rent Multiplier Act
14.19
Gross Scheduled Income Actual
98340
Sale/Rent
For Sale
Sales Restrictions
N/K
Short Sale
no
Tenant Pays
Electricity, Gas/Propane
Terms
Other/Remarks
Unit 1 Projected Rent
2545
Unit 1 Rent Actual
2450
Unit 2 Projected Rent
2545
Unit 2 Rent Actual
2545
Unit 3 Projected Rent
3200
Unit 3 Rent Actual
3200
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Contact - Listing ID 220014644
Lawrence Dy
11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253
Data services provided by IDX Broker