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4151 Arizona

San Diego, CA 92104
  • $4,700,000
  • STATUS: ACTIVE
  • ON SITE: 26 Days
  • ID#: 220009829
UPDATED: 168 min ago
$4,700,000
  • 6
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Originally constructed in 1958, the subject was extensively remodeled in 2016 with new dual pane windows, all new kitchens and bathrooms and new interior and exterior paint. With an impressive Walk Score of 91, the property is ideally located in the heart of North Park, one of San Diego’s trendiest and fastest growing neighborhoods. In recent years, North Park has become known for its exciting nightlife, shopping, dining, arts, music and exploding craft beer scene. The property represents a turnkey investment opportunity located in a desirable residential neighborhood with close proximity to abundant retail and neighborhood amenities. The immediate area is continuing to rapidly gentrify with the recent construction of high-end apartment buildings such as the Azul North Park, Vida, the BLVD North Park, Above the Boulevard Apartments and Lennar's latest 379 unit project currently under construction.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.realestaterubino.com/homes/128048311
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4151 Arizona San Diego, CA 92104

  • Price: $4,700,000
  • Status: ACTIVE
  • On Site: 26 Days
  • Updated: 168 min ago
  • ID#: 220009829
6
Beds
6
Baths
0
½ Baths
N/A
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
Originally constructed in 1958, the subject was extensively remodeled in 2016 with new dual pane windows, all new kitchens and bathrooms and new interior and exterior paint. With an impressive Walk Score of 91, the property is ideally located in the heart of North Park, one of San Diego’s trendiest and fastest growing neighborhoods. In recent years, North Park has become known for its exciting nightlife, shopping, dining, arts, music and exploding craft beer scene. The property represents a turnkey investment opportunity located in a desirable residential neighborhood with close proximity to abundant retail and neighborhood amenities. The immediate area is continuing to rapidly gentrify with the recent construction of high-end apartment buildings such as the Azul North Park, Vida, the BLVD North Park, Above the Boulevard Apartments and Lennar's latest 379 unit project currently under construction.
Exterior Features

Construction Stucco Parking Spaces Parking Spaces Total 10

Interior Features

Cooling Wall/Window Sq Ft Of Improvement 6586

Property Features

Actual Cap Rate 2.98 Actual Gross Scheduled Income 235200.0 Actual Operating Expense 92850 Assumable Finance 2200000 Buildings 1 Complex Features Bbq Existing Financing Conventional Financial Information Source Owner Gross Equity 2600000 Gross Multiplier 19.6 Have 10 Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Cash Out Projected Cap Rate 4.19 Projected Gross Multiplier 15.8 Short Sale No Sq Ft Source Owner Terms Assumable 1st Unit Number1 1 Unit Number2 1 Unit Number3 4 Unit Number4 3 Unit Number5 1 Unit Rent Total1 1650 Unit Rent Total2 1695 Unit Rent Total3 7420 Unit Rent Total4 6640 Unit Rent Total5 2195 Unit Rent1 1650 Unit Rent2 1695 Unit Rent3 1855 Unit Rent4 2213 Unit Rent5 2195 Unit Type Apartment

San Diego MLS logo Listing provided courtesy of Eric D. Comer, Broker. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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12780 High Bluff Dr
San Diego CA, 92130