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6% Cap Rate on Current w/ 2 More ADU Drawings 325 S 30th St

3 Unit Apartment Building $1,299,000 ($433,000/Unit) 6.05% Cap Rate San Diego, CA 92113

Investment Highlights

  • High Cash Flow 3 Units w/ Plans to add 2 more ADUs. Owner Has Plans to Build 2 More ADUs on Property (Inquire w/ Listing Agent)
  • Recently Renovated w/ Modern Finishes & Minisplit AC Units
  • Favorable Residential Financing w/ Strong Cash Flow & Owner-User Possibility

Executive Summary

Recently renovated triplex with a solid 6% cap rate on current income. Units include a spacious 3BR/1BA, 2BR/1BA, and a Studio Loft with impressive 14-ft ceilings – all fully permitted. Property includes plans to add two ADUs, enhancing future value. Ideal for investors seeking steady cash flow and development potential.

Attachments

325 S 30th St OM

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,299,000
Price Per Unit $433,000
Sale Type Investment
Cap Rate 6.05%
Gross Rent Multiplier 12.27
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 0.05 AC
Building Size 1,666 SF
No. Stories 2
Year Built/Renovated 1935/2021
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 1 $3,400 -
2+1 1 $3,000 -
Studios 1 $2,400 -
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM-2-5 (Residential)
RM-2-5 (Residential)
  • Listing ID: 33802958

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 325 S 30th St, San Diego, CA 92113

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