Welcome or Register
Back to Saved Search
Listing 14 out of 2,713
$5,390,000 For Sale

2188 San Diego Avenue
San Diego, CA 92110

21 units | Multi Family 5+ - MLS# 180066329
Property Photo
1/6

Description

Solis place is a 21 unit apartment building that has undergone full renovations in 2017. There are all new electrical pipes, wires, breakers, plugs and switches, new wall studs, beams, doors and windows. Each unit is completely furnished with new cabinets, flooring and appliances. The 7,768 SF property is professionally managed by the seller, who will continue to manage after the sale unless otherwise stated. The listing price is $5,390,000 with a cap rate of 4.57%. Gross income per unit is $18,008/Year. Please visit the property but do not disturb the tenants! Please call Marc Shapori at 858-531-8434 with any questions, or email at mshapori@naisandiego.com.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92110
  • Age: 1965
  • Stories: Tri-Level
  • Units: 21 units
  • # of Bedrooms (1): 1
  • # of Buildings: 1
  • # of Stories: 3
  • # of Units (1): 7
  • # of Units (2): 14
  • # of Units w/Ranges: 21
  • # of Units w/Refrigerator: 21
  • Actual Gross Oper Income: $358, 675/Year
  • Actual Gross Schd Income: 362964
  • Actual Ins. F&L Expense: $3, 787/Year
  • Actual Maintenance Exp.: $10, 108/Year
  • Actual Operating Expense: $118, 156/Year
  • Actual Supplies Expense: $2, 000/Year
  • Actual Taxes Expense: $66, 000/Year
  • Actual Total Expense: $118, 156/Year
  • Cap Rate Actual: 4.57
  • Construction: Drywall
  • Cooling: Central Forced Air Elec
  • Floor Covering: Tile
  • Gross Equity: 5390000
  • Heating: Central Forced Air Elec
  • Listing Area: OLD TOWN SD (92110)
  • Lot SqFt: 7768
  • Monthly Rent Total: 30247
  • Parking: Spaces
  • Roof: Tile
  • Siding: Cable Available
  • SqFt of Improvement: 7417
  • Unit Furnished (1): Yes
  • Unit Furnished (2): Yes
  • Unit Rent (1): $1, 571
  • Unit Rent (2): $1, 375
Courtesy of NAI San Diego

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu