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1624 Una St

San Diego, CA 92113
  • $1,295,000
  • STATUS: ACTIVE
  • ON SITE: 66 Days
  • ID#: 240018558
UPDATED: 131 min ago
$1,295,000
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,800
    SQFT
  • $463
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

Price Reduction - Bring Offers! In-place 6.04% cap rate with upside! Remodeled fourplex located just south of Downtown San Diego. The property has a desirable unit mix of all 2 bed / 1 bath units with spacious floorplans. In 2019 the property went through an extensive renovation which included all new kitchens, bathrooms, flooring and windows, along with upgrades the electrical and plumbing systems. Unit finishes include stainless steel appliances, quartz countertops and shaker cabinets. 1624 Una St is a perfect buy and hold cash flow investment with a strong unit mix that ensures long term rental demand.

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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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.talechiaandassociates.com/homes/154789539
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1624 Una St San Diego, CA 92113

  • Price: $1,295,000
  • Status: ACTIVE
  • On Site: 66 Days
  • Updated: 131 min ago
  • ID#: 240018558
8
Beds
4
Baths
0
½ Baths
N/A
Acres
2,800
SQFT
$463
$/SQFT
1960
Built
Neighborhood:
Southcrest
County:
San Diego
Area:
Logan Heights (92113)
Property Description
Price Reduction - Bring Offers! In-place 6.04% cap rate with upside! Remodeled fourplex located just south of Downtown San Diego. The property has a desirable unit mix of all 2 bed / 1 bath units with spacious floorplans. In 2019 the property went through an extensive renovation which included all new kitchens, bathrooms, flooring and windows, along with upgrades the electrical and plumbing systems. Unit finishes include stainless steel appliances, quartz countertops and shaker cabinets. 1624 Una St is a perfect buy and hold cash flow investment with a strong unit mix that ensures long term rental demand.
Exterior Features

Exterior Other/Remarks Fencing Other/Remarks Roof Other/Remarks Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 0

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

Property Features

Actual Cap Rate 6.04 Age Restrictions N/K Annual Expense Actual 29895 Annual Expense Projected 30895 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community SAN DIEGO Complex Park n/a Cross Streets Acacia St & Una St Gross Rent Multiplier Actual 11.49 Gross Rent Multiplier Project 10.88 Gross Scheduled Income Actual 112666 Gross Scheduled Income Project 119020 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Net Operating Income Projected 83364 Other Fees 0.0 Other Income Actual 5338 Projected Cap Rate 6.44 Projected Other Income 6220.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/PropaneHot WaterSewerWater Terms Other/Remarks Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit Number4 D Unit1 Deposit 1850 Unit1 Occupied Vacant Unit1 Projected Rent 2350.0 Unit1 Rent Actual 2300.0 Unit2 Deposit 4300 Unit2 Occupied Tenant Unit2 Projected Rent 2350.0 Unit2 Rent Actual 2150.0 Unit3 Deposit 3750 Unit3 Occupied Tenant Unit3 Projected Rent 2350 Unit3 Rent Actual 2226.0 Unit4 Deposit 2125 Unit4 Occupied Tenant Unit4 Projected Rent 2350 Unit4 Rent Actual 2218.0

San Diego MLS logo Listing provided courtesy of Nate Pepper of CBRE: 858-546-2645. Listing information © 2024 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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