2250-54
Garnet Ave,
San Diego,
California
CA
92109
$2,700,000 Sold For
SOLD Status
6,241 SqFt
0.140 Acres
230005574 Listing ID
Status SOLD
Sold Date 5/16/2023
County San Diego
Property Type Commercial-Residential Income
Commercial-Residential Income
Primary Features
County:
San Diego
Property Type:
Commercial-Residential Income
Zoning:
CO-1-2
Interior
Cooling:
Wall/Window
Heating:
Wall
Number of Baths (1):
1
Number of Baths (2):
1
Number of Baths (3):
1
Number of Baths (4):
1
Number of Baths (5):
1
Number of Bedrooms (1):
2
Number of Bedrooms (2):
2
Number of Bedrooms (3):
2
Number of Bedrooms (4):
2
Number of Bedrooms (5):
2
Number of Stories:
2
SqFt of Improvement:
3816
SqFt Source:
Taped
Stories:
2 Story
Unit Furnished (1):
N
Unit Furnished (2):
N
Unit Furnished (3):
N
Unit Furnished (4):
N
Unit Furnished (5):
N
Unit Type:
Apartment
External
Construction:
Brick, Drywall, Frame, Lath/Plaster, Stucco
Entry Only:
No
Exterior:
Front Sprinklers, Fully Landscaped, Metal Fence
Lot Size:
.25 Acres or less
Number of Buildings:
2
Number of Units:
5
Number of Units (1):
1
Number of Units (2):
1
Number of Units (3):
1
Number of Units (4):
1
Number of Units (5):
1
Number of Units w/Disposals:
3
Number of Units w/Drapes:
5
Number of Units w/Ranges:
5
Number of Units w/Refrigerator:
5
Number Units w/Dishwashers:
3
Parking:
Spaces
Parking Spaces Total:
5
Projected Gas & Electric:
631.84
Roof:
Composition
Location
Country:
United States
Market Area:
Coastal South
Zip/Area:
PACIFIC BEACH (92109)
Additional
Age:
77
Class:
COMMERCIAL-RES INCOME
Have:
Real Estate
Mandatory Remarks:
None Known
Financial
Actual Gardener Expense:
1020
Actual Gas & Electric Expense:
631.84
Actual Gross Scheduled Income:
167400
Actual License Expense:
75
Actual Operating Expense:
14060
Actual Property Management Expense:
16740
Actual Taxes Expense:
2004
Actual Trash Expense:
3600
Actual Water/Sewer Expense:
4658
Cap Rate Actual:
5.2
Cap Rate Projected:
3.7
Financing:
Cash
Gross Equity:
2900000
Gross Multiplier:
17.3
Monthly Rent Total:
13950
Number of Leased Apartments:
5
Price/Unit:
580000
Projected Cash Flow:
107060.22
Projected F&L Insurange Expense:
2800
Projected Gardener Expense:
1020
Projected Gross Scheduled Income:
172200
Projected Net Income:
113621
Projected Operating Expense:
58579
Projected Taxes Expense:
35274.44
Projected Trash Expense:
3600
Projected Water/Sewer Expense:
4658
Sale/Rent:
For Sale
Sales Restrictions:
N/K
Short Sale:
no
SP$/LP$:
0.93
Tenant Pays Electric:
Y
Tenant Pays Gas:
Y
Tenant Pays Water:
N
Terms:
Cash, Other/Remarks
Unit Rent (1):
3400
Unit Rent (2):
2350
Unit Rent (3):
2600
Unit Rent (4):
2800
Unit Rent (5):
2800
Zoning Info
Area Info
Contact - Listing ID 230005574
Gloria Roma
San Diego, CA 92123
Phone: 619-993-3734
Data services provided by IDX Broker
