4455-4461 52nd 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!
4455-4461 52nd St
8 Unit Apartment Building $2,800,000 ($350,000/Unit) 5% Cap Rate San Diego, CA 92115
Investment Highlights
- 5% CAP: Excellent area of San Diego or Talmadge in gated community with parking
- Great long term hold for further cash flow.
- Turn key apartment with full gut 2015 renovation
Executive Summary
5% CAP: Talmadge area of San Diego fully renovated, gated 8 units apartment community. Excellent location and unit mix with four 2/1's and four 1/1's. Gut renovated in 2015 includes new kitchens, baths, flooring, windows, laundry room. Turn key apartment ready for further increased cash flow and long term hold.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$202,000
|
$35.54
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$202,000
|
$35.54
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$57,000
|
$10.03
|
| Net Operating Income |
$145,000
|
$25.51
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $202,000 |
| Annual Per SF | $35.54 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $202,000 |
| Annual Per SF | $35.54 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $57,000 |
| Annual Per SF | $10.03 |
| Net Operating Income | |
|---|---|
| Annual | $145,000 |
| Annual Per SF | $25.51 |
Property Facts
| Price | $2,800,000 | Property Subtype | Apartment |
| Price Per Unit | $350,000 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5% | Lot Size | 0.15 AC |
| Sale Conditions | 1031 Exchange | Building Size | 5,684 SF |
| Gross Rent Multiplier | 15 | No. Stories | 2 |
| No. Units | 8 | Year Built/Renovated | 1959/2015 |
| Property Type | Multifamily | Parking Ratio | 0.5/1,000 SF |
| Price | $2,800,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Sale Conditions | 1031 Exchange |
| Gross Rent Multiplier | 15 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,684 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2015 |
| Parking Ratio | 0.5/1,000 SF |
Unit Amenities
- Dishwasher
- Disposal
- Microwave
- Ceiling Fans
- Tile Floors
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Double Pane Windows
- Smoke Free
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 700 |
| 2+1 | 4 | - | 900 |
1 of 1
Walk Score ®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 472-021-05 | Improvements Assessment | $720,045 (2024) |
| Land Assessment | $706,967 (2024) | Total Assessment | $1,427,012 (2024) |
PROPERTY TAXES
Parcel Number
472-021-05
Land Assessment
$706,967 (2024)
Improvements Assessment
$720,045 (2024)
Total Assessment
$1,427,012 (2024)
zoning
| Zoning Code | MR10B, San Diego |
| MR10B, San Diego |
1 of 18
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Immobilier Funds
4455-4461 52nd 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.