OFFERING SUMMARY

List Price:

$2,490,000

Number of Units:

5

Price/Unit:

$498,000

Price/SF:

$706.38

Cap Rate:

4.84%

GRM:

14.47

NOI:

$120,561

Status:

Active

 
 

Investment Highlights:

  • Prime Location in a Rapidly Gentrifying Golden Hill Residential Community

  • Rarely Trading Pacific Beach Location On Cul-De-Sac Blocks From Beach

  • Great Mix Of Four 2-Bedroom Units & A Single Studio Unit

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

  • Major Plumbing Improvements, In-Unit Laundry & High-End Exterior Upgrades

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

  • Four Tandem Off-Street Parking Spaces (8 Spaces Total)

  • Large 6,185 Square Foot Lot; RM-3-8, Or 1 Dwelling Unit Per 800 SF

 
 

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