OFFERING SUMMARY

List Price:

$1,950,000

Number of Units:

3

Price/Unit:

$650,000

Price/SF:

$1,069

Cap Rate:

3.24%

GRM:

19.23

NOI:

$63,267

Status:

Active

 
 

Investment Highlights:

  • Rarely Trading Pacific Beach Location Near Beach & 2 Blocks From Mission Bay

  • Excellent Rents & Cashflow; One Of Highest Triplex Cash Flows In PB

  • Flexible As Owner/User Or Investment Opportunity

  • Room To Build Two Additional ADUs In Center Courtyard

  • Excellent Mix Of One 2-Bedroom Cottage & Two 1-Bedroom Units

  • Full Property Remodel With New Kitchens, Baths, Floors, Appliances

  • Major Plumbing Improvements, In-Unit Laundry & Power Upgrades

  • No Owner Utilities: City Trash & Tenants Pay RUBS For Water & Sewer

  • Two Off-Street Parking Spaces & Interior Private Courtyard

 
 

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