Friday, April 10, 2015

15 Units All Twos

4438 56th Street
San Diego, CA

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





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

















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