3737 Keating St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
3737 Keating St
12 Unit Apartment Building $4,950,000 ($412,500/Unit) 5.04% Cap Rate San Diego, CA 92110
Investment Highlights
- Bay Views and bay breezes
- Incredibly perfect location
- Huge oversized floor plans
Executive Summary
Mission Hills. Perched in the Washington St canyon with bay views and breezed off the San Diego bay this twelve unit building boasts highly desirable over sized units for tenants that appreciate the space. This location offers amazing proximity to all that is San Diego from Downtown and Littly Italy to the magic of Balboa Park not to mention off the beaten path items like Mission Hills open space and Harpers Topiary Garden. Eight of the units are two bedroom two bath with about 1085 square feet plus ample decks, parking below and extra storage off the parking. Street parking is available on both sides of the street. No parking tightness at this location. There is room to further renovate and move rents up.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro forma - 2024) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts In Escrow
| Price | $4,950,000 | Apartment Style | Low Rise |
| Price Per Unit | $412,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 5.04% | Building Size | 15,554 SF |
| Gross Rent Multiplier | 14.65 | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Parking Ratio | 1.34/1,000 SF |
| Price | $4,950,000 |
| Price Per Unit | $412,500 |
| Sale Type | Investment |
| Cap Rate | 5.04% |
| Gross Rent Multiplier | 14.65 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 15,554 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.34/1,000 SF |
Unit Amenities
- Balcony
- Cable Ready
- Kitchen
- Range
- Tub/Shower
- Views
- Built-In Bookshelves
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | $2,825 | 1,083 |
| 1+1 | 4 | $2,155 | 800 |
1 of 1
Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 451-124-03 | Total Assessment | $1,765,837 |
| Land Assessment | $703,445 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,062,392 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
451-124-03
Land Assessment
$703,445
Improvements Assessment
$1,062,392
Total Assessment
$1,765,837
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | R3, City of S.D. |
| R3, City of S.D. |
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3737 Keating St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.