2024-2030 Montgomery Ave | Cardiff By The Sea, CA 92007
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- LoopNet Team
2024-2030 Montgomery Ave
Cardiff By The Sea, CA 92007
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Fantastic cash flow for a North County San Diego apartment property.
- Current 4.11% CAP rate / 5.01% Proforma CAP rate, along with a current 17.09 GRM / Proforma 14.73 GRM.
PROPERTY FACTS
| No. Units | 5 | Building Size | 3,050 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1977/2016 |
| Building Class | C | Parking Ratio | 1.64/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | R-15 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,050 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1977/2016 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | R-15 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 700 - 750 |
| 2+1 | 1 | - | 1,000 |
| Studios | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 260-382-50 | Improvements Assessment | $568,684 |
| Land Assessment | $2,553,286 | Total Assessment | $3,121,970 |
PROPERTY TAXES
Parcel Number
260-382-50
Land Assessment
$2,553,286
Improvements Assessment
$568,684
Total Assessment
$3,121,970
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