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Bob Adams

Bob Adams

RE/MAX Associates
San Diego, CA 92128

858-484-6865
Contact Me
CA BRE#00683256

Contact Me







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Listing 13 out of 1,270
$2,250,000 For Sale

4455 50th
San Diego, CA 92115

8 units | Multi Family 5+ - MLS# 180031818
Property Photo
1/8

Description

4455 50th Street apartments is a newly renovated 8-unit multifamily property located within the Talmadge neighborhood of San Diego. Renovated turnkey property. Custom interiors with exquisite fixtures and finishes. Excellent unit mix of 5 two bedroom units & 3 one bedroom units. Privately owned laundry facility. Secured building.High rental demand area Convenient access to major freeways and employment centers. Walk score of 80. Call agent for a full offering memorandum.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92115
  • Age: 2016
  • Units: 8 units
  • # of Buildings: 1
  • # of Carports: 4
  • # of Stories: 2
  • Actual Gross Oper Income: 153880
  • Actual Gross Schd Income: 153120
  • Actual Operating Expense: 50821
  • Actual Other Income: 5520
  • Amenities: BBQ
  • Cap Rate Actual: 4.58
  • Gross Equity: 1350000
  • Laundry: Owned
  • Listing Area: SAN DIEGO (92115)
  • Lot SqFt: 6251
  • Parking: Carports, Spaces, 10-Car
  • Proj Annual P & I Expense: 82083
  • Proj Gross Multiplier: 13.25
  • Proj Gross Operating Inc: 164706
  • Proj Operating Expense: 51254
  • Proj Vacancy & Credit Los: 5094
  • Proj. Gross Sched. Income: 162000
  • Projected Cash Flow: 31369
  • Projected Net Income: 113452
  • Projected Other Income: 7800
  • SqFt Source: Buyer to Verify
  • SqFt of Improvement: 5800
Courtesy of Acre Investment Real Estate



Bob Adams | 858-484-6865 | Contact Me
16787 Bernardo Center Dr Suite 6 - San Diego, CA 92128
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