$5,309,000
Units: 8
50 Days On Market

Courtesy of Venture Pacific Commercial.

Property Type: Com-res Income
Status: Active
Neighborhood: Ca
Days On Website: 50

Property Details for 1948 Emerald St, San Diego, CA 92109

Pacific Beach Multifamily cap rate 4.53/5.01, GSI $319,812/$345,600 Actuals/Proforma, 1988 Built, 8 townhome style units all 2 Bedrooms/2 Bath (16 tub/showers), 16 tandem parking 2 per unit, on site coin laundry. Separate elec/gas meter, oversized outdoor patios. 1.32 miles (7-10 min) to beach 4 units fully remodeled the rest very updated, newer appliances and water heater. Spacious open floorplan/kitchen, stainless refrigerator. Very close to shopping beach and fwys. Each unit appx 730 Square feet. 4 units front, 4 units in back. 34 years owner managed with high-quality long-term tenants. Owners just passed building inspection. Owners retiring.

Bedrooms

  • 1 bedroom

Building

  • 1988 years old
  • 2 stories

Expenses

  • Operating expense: 75,358

Exterior Features

  • Auto Front Sprinklers

Listing

  • Source: SDMLS
  • For Sale
  • 60 days on market
  • Listing date: 2024-03-02

Location

  • County: San Diego

Lot

  • Approximately 9,376 lot square feet
  • Approximately 0 acres

Parking

  • 16 total parking spaces

Unit One

  • 2 bathrooms
  • 8 units of this type
  • 2 bedrooms

Map View


$5,309,000 - 1948 Emerald St, San Diego, CA 92109

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1948 Emerald St
San Diego, CA 92109
County: San Diego