This Multifamily Property is no longer advertised on LoopNet.com.
4275 48th St
San Diego, CA 92115
Huge Price Reduction $400k- 16 Units 92115 · Multifamily Property For Sale · 16 Units
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INVESTMENT HIGHLIGHTS
- Financing Offered With $3,000,000 loan (72% LTV). Please Inquire w/ Agent
- Studio Units Added w/Permits in Past 6 Years
- Excellent Unit Mix Consisting of 10-1bd/1bth, 4-2bd/1.5bt & 2 Studio Units
- Easy Value Add Opportunity. Moderate Rent Increases can lead to a 7% Yield on Cost
- Great Unit Layouts w/ Ability to Add In-Unit Washer/Dryer
- Select Units Upgraded to Provide Proof of Concept. Still Upside on Majority of Units
PROPERTY FACTS
No. Units | 16 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.21 AC |
Building Size | 9,990 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1969 |
Parking Ratio | 1.6/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 2 | $1,576 | 350 |
1+1 | 10 | $1,799 | 580 |
2+1.5 | 4 | $2,125 | 850 |
PROPERTY TAXES
Parcel Number | 471-322-36 | Improvements Assessment | $1,479,176 |
Land Assessment | $796,478 | Total Assessment | $2,275,654 |
ZONING
Zoning Code | RM-1-1 |
Listing ID: 30605661
Date on Market: 1/8/2024
Last Updated:
Address: 4275 48th St, San Diego, CA 92115
The Colina Del Sol Multifamily Property at 4275 48th St, San Diego, CA 92115 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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