Extra Pics of G Street

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Attic Lof

Attic Loft

master bath

bedrtoom

bedroom,,, yes thats a bedroom

bedroom 2

hallway

Laundry

Patio

10 Units

10 Units

2 APNS

5471 -5489 Santa Margarita

San Diego, CA 92114

Owner open to an offer- But not low offer because "I am cash flowing like mad"

OLD MLS Notes.

10 detached cottages/houses in Encanto (Southeastern San Diego). 9 units have 2 bedrooms each with 2 tandem parking spaces behind. The 10th house is 3bedrm/2bath/2-storey with a 2-car garage and 1 parking space. Each unit has laundry hook-up in bathroom. Ideal for condo conversion. Property fenced all round and well kept with a driveway in the middle. Buyer verify all information


Additional Notes- Owner says 3 bed 2 bath house has a Bonus Room - Currently rented for $1750
Owners only supply  " Washer and dryer  hook ups"

Rents are estimated on Summary-  Low rent is 950 high is 1350
Currenty they  have an onsite manager who pays $550
 

Investment Summary Click Here (ran at 1.725 Cap x estimated at 200K)

Google Street View

Google Overhead View

Zoning is RM-2-5  = 1 per 1500- Should allow for 20 Units.

Lot is  30,323  (combined )

2 APNS 

Profile 5471  

 Profile 5481

OLD MLS Page

Zoning Info-

Pics... Not yet.....

PICS of Pocket.

From East looking west at front

Inside courtyard - there is a pool in there

North west corner of subject

West side - parking

West side

East Side

West side

South west corner playground

Looking at west side

15 Units All Twos

4438 56th Street

San Diego, CA

Google Street View

15 all large two bedroom two bath
(estimated at 963 sqft each) 
Two parcels

20 parking spaces
2 single car garages

List is price 2.699

Investment Summary @ 2.65

Exterior is nice, interior is old and tired.

Cap ex on proforma is estimated at 125K

Upside to cash flow is estimated at 5.56%



Upside:
Upgrade interior units and gate property
Neighborhood is average.
Relatively close to SDSU

side

North Side

Across the Street

20 Units

SOLD 2.5M

4220 Aragon Drive
San Diego, CA 92115

20 Units  List Price 2.649

Unit Mix: 15 Ones & 5 two bedroom one baths
Gated Property
Well Maintained
Negative: Master metered for Gas.

Google Street View Click Here

Overhead View

Investment Summary Click Here

END 

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