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listing
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Residential IncomeFor Sale
$5,309,000
1948 Emerald St
San Diego, CA 92109
Listing Provided Courtesy of Venture Pacific Commercial
MLS: San Diego Multiple Listing Service (SDMLS)
9,376Sq Ft
Est. Mortgage
$27,504/mo

Pacific Beach Multifamily cap rate 4.53/5.01, GSI $319,812/$345,600 Actuals/Proforma, 1988 Built, 8 townhome style units all 2 Bedrooms/2 Bath (16 tub/showers), 16 tandem parking 2 per unit, on site coin laundry. Separate elec/gas meter, oversized outdoor patios. 1.32 miles (7-10 min) to beach 4 units fully remodeled the rest very updated, newer appliances and water heater. Spacious open floorplan/kitchen, stainless refrigerator. Very close to shopping beach and fwys. Each unit appx 730 Square feet. 4 units front, 4 units in back. 34 years owner managed with high-quality long-term tenants. Owners just passed building inspection. Owners retiring.

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Listing Courtesy of Venture Pacific Commercial. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/25/2024 08:00 AM
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