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Rob & Suzy Northrup
Best Homes Team

El Cajon, CA 92020
CA DRE# 00938658 & 01162113
619-857-1155
Contact Us

Contact Us





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Listing 1 out of 4
$3,500,000 Pending

4062-4072 30th St
San Diego, CA 92104

10 units | Multi Family 5+
10454 sq ft - MLS# 190005681
Property Photo
1/21

Description

Reduced to $3,500,000! 10 Units - North Park! Incredibly unique complex, with Eight 1BR-1BA Bungalow Units - 497 Sq Ft each + Two 2BR-1BA units 844 Sq Ft. Prime North Park location - walking distance to all amenities. Units are currently rented well under-market - 1BR's estimated rent $1,800 each - 2BR's estimated rent $2,600. Garages could add $100 per space estimated. Gated & secured complex - fully fenced & key entry. Over $100,000 in upgrades since 2015 - Newer roofs & rain gutters - newer windows - low maintenance yard - fresh stucco upgrades - fresh paint - garage enhancements. Urban living at it's finest makes this a winner. Current rents are well below market - rental amounts estimated herein are not guaranteed

Features

  • # of Baths (1): 1
  • # of Baths (2): 1
  • # of Bedrooms (1): 1
  • # of Bedrooms (2): 2
  • # of Buildings: 9
  • # of Stories: 2
  • # of Units (1): 8
  • # of Units (2): 2
  • # of Units w/Disposals: 10
  • # of Units w/Garage: 8
  • # of Units w/Ranges: 10
  • Actual Gross Schd Income: 143100
  • Actual Operating Expense: 68668
  • Cap Rate Actual: 2
  • Cap Rate Projected: 4.36
  • Construction: Frame, Stucco
  • Cooling: Wall/Window
  • County/Area: San Diego County
  • Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet
  • Floors: Wood
  • Gross Equity: 3750000
  • Heating: Floor Furnace, Wall
  • Listing Area: NORTH PARK (92104)
  • Listing Status: Pending
  • Lot Dimensions: 75 x 140
  • Lot Size: 0.2400
  • Lot Size Area: .25 Acres or less
  • Lot SqFt: 10496
  • Monthly Rent Total: 11925
  • Parking: Garages, 8-Car
  • Proj Gross Multiplier: 15.31
  • Proj Operating Expense: 81325
  • Proj. Gross Sched. Income: 244800
  • Projected Net Income: 163475
  • Property Type: Multi Family 5+
  • Roof: Composition
  • Siding: Front Sprinklers, Fully Landscaped, Remarks
  • Special: City Transfer Tax
  • SqFt of Improvement: 5664
  • SqFt Source: Taped
  • Stories: 1 Story, 2 Story
  • Sub Type: Multi Family 5+
  • Tenant Pays Electric: Yes
  • Tenant Pays Gas: Yes
  • Terms: Cash, Cash to New Loan, Exchange Down
  • Unit Type: Duplex, Free Standing
  • Units: 10
  • Zip Code: 92104
  • Zoning: C-C-3-6



Rob & Suzy Northrup | 619-857-1155 | Contact Us
CA DRE# 00938658 & 01162113
2552 Fletcher Parkway - El Cajon, CA 92020
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