4420 4426 Mentone St | 4420 4426 Mentone St
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4420 4426 Mentone St 4420 4426 Mentone St
10 Unit Dormitory $4,495,000 ($449,500/Unit) 3.25% Cap Rate San Diego, CA 92107
Investment Highlights
- HUGE Value Add Potential - There is an existing building on the property that can be converted into Mutlifamily
- 8 Newly Renovated Units
- Ample Parking
- ADU Potential
- Located in the desirable 92107 zipcode
Executive Summary
HUGE VALUE ADD. Previously a preschool, 4420 4426 Mentone St has been converted into eight (8) newly remodeled units, including (7) Studios and (1) 1bed, 1bath unit. There are 2 additional Studios that have not yet been completed. Additionally, there is a 2 story building that has not yet been renovated and there is space for ADUs. MASSIVE upside for an investor. Please do not disturb tenants.
Shown only with accepted offer. Information herein has been obtained from sources believed reliable. South Coast Commercial INC does not doubt the accuracy, but we have not verified it and make no guarantee, warranty or representations. Reach out to Ellis Jolly for all questions and info (619) 415-5736
Shown only with accepted offer. Information herein has been obtained from sources believed reliable. South Coast Commercial INC does not doubt the accuracy, but we have not verified it and make no guarantee, warranty or representations. Reach out to Ellis Jolly for all questions and info (619) 415-5736
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 |
$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 (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 | $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
Unit Amenities
- Balcony
- Views
- Deck
- Patio
Site Amenities
- Laundry Facilities
- Picnic Area
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $2,500 | - |
| Studios | 3 | $2,250 | - |
1 of 1
zoning
| Zoning Code | RM-3-7 (Residential) |
| RM-3-7 (Residential) |
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4420 4426 Mentone St | 4420 4426 Mentone St
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