MLS# 240009993 - 1747 Chalcedony St, San Diego, CA 92109
Courtesy of eXp Realty of California, Inc.
Property Type:
Com-res Income
Status:
Active
Neighborhood:
Ca
Days On Website:
12
Property Details for 1747 Chalcedony St, San Diego, CA 92109
Description
Perfect portfolio addition! Ownership is now in the 3rd generation of the same family, so here is your opportunity to acquire a VERY rare offering in North Pacific Beach! Priced well below estate appraisals for immediate sale, these two 16-unit buildings are available on the same block with just one property separating. They are being offered individually or as a pair for the perfect 32-unit acquisition. Excellent unit mix along with great onsite parking. The properties have been professionally managed for a very long time, including highly involved onsite managers. The vast majority of the units have been remodeled and project a current coastal tenant living expectation. Each has an onsite laundry facility, as well as video surveillance. The properties are uniquely set in a multifamily to single family transition neighborhood area, so the overall location feel is far superior to many PB offerings. The asset definitely has value add options for future income growth. This property exudes a pride of ownership location and a Legacy label, considering the long-term ownership history is clearly appropriate. Excellent documented history for income and expenses, including invested capital and maintenance costs, is available through the well-respected property management firm for the future owner. Call for additional details!
Open House
Features
Appliances & Equipment
- 16 units with range
- 16 units with refrigerator
Bedrooms
- 1 bedroom
Building
- 1969 years old
- 2 stories
- Stone
- Stucco
- Other/Remarks
- 2 Story
- Apartment
Cooling
- None
Expenses
- Operating expense: $160,634
Exterior Features
- Remarks
Heating
- Radiant
Income
- Gross operating income: $445,477
Laundry
- Leased
Listing
- Source: SDMLS
- For Sale
- 8 days on market
- Listing date: 2024-05-07
Location
- County: San Diego
Lot
- Approximately 12,492 lot square feet
- Approximately 0 acres
- .25 through .50 Acres
Parking
- Spaces
- 16 total parking spaces
Unit One
- Individual rent: $2,207-$2,695
- Total rent: $29,917
- 1 bathroom
- 12 units of this type
- 1 bedroom
Unit Two
- Individual rent: $3,495-$3,575
- Total rent: $7,070
- 1 bathrooms
- 2 units of this type
- 2 bedrooms
Unit Three
- Individual rent: $1,200-$2,964
- Total rent: $4,164
- 2 bathrooms
- 2 units of this type
- 2 bedrooms
Property Map
Map View
$8,750,000 - 1747 Chalcedony St, San Diego, CA 92109
Street View
Directions
1747 Chalcedony St
San Diego, CA 92109
County: San Diego