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4778 34th St

San Diego, CA 92116

$999,000

Apartments For Sale  •  1,416 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 1,416 Sq Ft
  • Lot Size 0.11 ac
  • Building Class C
  • Year Built 1940
  • Cap Rate 4.91 %
  • Zoning RM-1-1
45 Transit Score
91 Walk Score

Description

THE PROPERTY LIES IN ONE OF SAN DIEGO'S MOST SOUGHT OUT LOCATIONS, TUCKED IN A RESIDENTIAL SETTING NORTH OF ADAMS AVENUE.  THE OFFERING IS IDEAL FOR AN ENTRY LEVEL TO MID-LEVEL INVESTOR LOOKING TO ADD TO THEIR EXISTING PORTFOLIO, AS WELL AS AN OWNER-USER LOOKING TO SUPPLEMENT THEIR MORTGAGE.  AIRBNB IS ALSO VERY POPULAR IN THE AREA.

Highlights

• Prime Location
• High Walk Score
• Upside in Rents
• Owner Occupant Potential
• Potential Rehab/Flip Property

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $48,490 (2018)
Cap Rate: 4.91 %
Total Expenses: $21,932

Public Transportation

Commuter RailDriveWalkDistance
Old Town Transit Center Commuter Rail (Coaster) 9 min - 5.9 mi
San Diego (Santa Fe Depot) Commuter Rail (Coaster) 12 min - 8.0 mi
AirportDriveWalkDistance
San Diego International Airport 14 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
John Ronis 619-946-1729 BHHS - California Properties
John Ronis 619-946-1729 BHHS - California Properties