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4153 55 Utah

North Park (San Diego), CA 92104
  • $2,950,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: PTP2202844
UPDATED: 31 min ago
$2,950,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2020
County:

School Ratings & Info

Listing Agent(s): Lionel Correia of Big Block Realty, Inc (800-550-3209)


Description

Rare Opportunity to own a practically brand new building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow and gives the new owner the opportunity to take advantage of a newly constructed apartment complex. Utah St has plenty of onsite parking as well as in unit washer and dryers. Its essentially a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T18:30:22.44. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128289526
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4153 55 Utah North Park (San Diego), CA 92104

  • Price: $2,950,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 31 min ago
  • ID#: PTP2202844
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2020
Built
Neighborhood:
92104 - North Park
County:
San Diego
Area:
92104 - North Park
Property Description
Rare Opportunity to own a practically brand new building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow and gives the new owner the opportunity to take advantage of a newly constructed apartment complex. Utah St has plenty of onsite parking as well as in unit washer and dryers. Its essentially a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property.
Exterior Features

Carport Spaces 3 Carport YN Yes Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 3 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Spa YN No View YN No

Interior Features

Common Walls 2+ Common Walls Cooling YN No Fireplace YN No Heating YN No

Property Features

Association Fee 0 Association YN No Cap Rate 0 Community Features Gutter(S)Storm Drain(S) Electric Expense 4200 Fuel Expense 0 Garage YN No Gross Income 139380 Gross Scheduled Income 139380 Insurance Expense 2358 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms CashConventional1031 Exchange Net Operating Income 101872 New Construction YN Yes New Taxes Expense 0 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 2 Operating Expense 30538 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 420 Water Sewer Expense 2100 Water Source Public Zoning Rm3-7



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T18:30:22.44. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Lionel Correia of Big Block Realty, Inc (800-550-3209)