1676 Thomas Ave
San Diego, California CA 92109
Price: $2,600,000
Est. Monthly Payment: $11,165.89 See Details
ACTIVE Status, Bedrooms, 0 Full Baths
6,238 Square Feet
Listing ID # 170036627

Property Description:

Unique PB Fourplex Opportunity! Four nearly identical 3 level Townhomes - each has 2br, 2.5ba, approx 1360sf, 2-car attached garage & additional 200+/- sf office/storage space behind the garage. Fireplace/balcony space in each living room. Open floorplans w/ spacious kitchens/master. Homes were designed in 1991 by renowned Architect, Mark Lee Christopher. 10 blocks to beach. City Approved property for condo conversion. This property has been appraised. Several options/opportunity/excellent value.
{"zipcode": "92109", "price": "2600000"}
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Primary Features

County: San Diego
Property Type: 2-4 Units
Year Built: 1992

Additional

Additional Property Use: N/K, ORMKS
Age Restrictions: N/K
Assessors Parcel Number: 424-151-09-00
Community: PACIFIC BEACH
Complex Features: N/K
Complex/Park: none
DOMLS: 41
Jurisdiction: Incorporated
Land Use Code: R-3
Limited Service: No
Miscellaneous: N/K
MT: 41
Number of Buildings: 2
Number of Units: 4
Number of Units With Dryers: 4
Number of Units With Fireplaces: 4
Number of Units With Garage: 4
Number of Units With Patios: 4
Number of Units With Range/Oven: 4
Number of Units With Refrigerator: 4
Number of Units With Washers: 4
Number Units With Cooling: 1
Number Units With Dishwashers: 4
Pets: Yes
Possession: Close of Escrow
Sales Restrictions: Call Agent, Other/Remarks
Security: N/K
Sewer/Septic: Sewer Connected
Spa: N/K
Spa Heat: None Known
Telecommunications: Cable (coaxial), N/K
Terms: Cash, Conventional
Property Sub Type: Res Income 2-4 Units
Unit 1 Estimated SqFt: 1365
Unit 1 Laundry Hook Ups: Yes
Unit 2 Laundry Hook Ups: Yes
Unit 3 Laundry Hook Ups: Yes
Unit 4 Laundry Hook Ups: Yes
Unit Number for Unit 1: 1676
Unit Number for Unit 2: 4304
Unit Number for Unit 3: 4308
Unit Number for Unit 4: 4312
Water: Meter on Property

Financial Details

Annual Expense Actual: 40400
Cap Rate Actual: 2.5
Cap Rate Projected: 5.5
Gross Rent Multiplier Actual: 25
Gross Rent Multiplier Project: 18
Gross Scheduled Income Actual: 102480
Gross Scheduled Income Project: 144000
Home Owners Fee Includes: N/K
Max Search Price: 2600000
Original Price: 2600000
Other Fee Type: N/K
Short Sale: No
Tenant Pays: Cable TV, Electricity, Gas/Propane, Other/Remarks
Unit 1 Deposit: 750
Unit 1 Projected Rent: 3000
Unit 1 Rent Actual: 2250
Unit 2 Deposit: 500
Unit 2 Projected Rent: 3000
Unit 2 Rent Actual: 1895
Unit 3 Deposit: 1000
Unit 3 Projected Rent: 3000
Unit 3 Rent Actual: 2500
Unit 4 Deposit: 500
Unit 4 Projected Rent: 3000
Unit 4 Rent Actual: 1895
Value Range Pricing: n

External Features

Boat Facilities: No/Unknown
Entry Only: No
Exterior Finish: Stucco
Fencing: N/K
Frontage: N/K
Irrigation: Automatic
Lot Size: 4,000-7,499 SF
Parking for RV: None Known
Parking Garage Unit 1: Attached, Underground
Parking Garage Unit 2: Attached, Underground
Parking Garage Unit 3: Attached, Underground
Parking Garage Unit 4: Attached, Underground
Parking Non-Garage Unit 1: Uncovered, Guest Parking
Parking Non-Garage Unit 2: Uncovered, Guest Parking
Parking Non-Garage Unit 3: Uncovered, Guest Parking
Parking Non-Garage Unit 4: Uncovered, Guest Parking
Pool: N/K
Pool Heat: None Known
Roof: Tile/Clay, Other/Remarks
Sign on Property: Yes
Site: Alley Access, Corner Lot, Flag Lot, Public Street, Sidewalks, Street Paved, West of I-5, Other/Remarks
Topography: Level
Unit 1 Exclusive Use Yard: No
Unit 1 Parking Garage Space: 2
Unit 2 Exclusive Use Yard: No
Unit 2 Parking Garage Space: 2
Unit 3 Exclusive Use Yard: No
Unit 3 Parking Garage Space: 2
Unit 4 Exclusive Use Yard: No
Unit 4 Parking Garage Space: 2
View: N/K

Interior Features

Cooling: Central Forced Air, Wall/Window, N/K
Heat Equipment: Fireplace, Forced Air Unit
Heat Source: Natural Gas
Stories: 2 Story
Unit 1 Number Bedrooms: 2
Unit 1 Number of Full Baths: 2
Unit 1 Number of Half Baths: 1
Unit 1 Number Total Baths: 3
Unit 2 Estimated SqFt: 1365
Unit 2 Number Bedrooms: 2
Unit 2 Number of Full Baths: 2
Unit 2 Number of Half Baths: 1
Unit 2 Number Total Baths: 3
Unit 3 Estimated SqFt: 1365
Unit 3 Number Bedrooms: 2
Unit 3 Number of Full Baths: 2
Unit 3 Number of Half Baths: 1
Unit 3 Number Total Baths: 3
Unit 4 Estimated SqFt: 1365
Unit 4 Number Bedrooms: 2
Unit 4 Number of Full Baths: 2
Unit 4 Number of Half Baths: 1
Unit 4 Number Total Baths: 3
Water Heater Type: Gas

Location Information

Cross Street(s): Jewell
Full Address: 1676 Thomas Ave
Market Area: Coastal South
Neighborhood: Pacific Beach
School District: San Diego Unified
Water District: CITY OF SAN DIEGO
Zip/Area: PACIFIC BEACH (92109)

Zoning Info


Area Info


Listing courtesy of Cameron Real Estate Services
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Contact - Listing ID 170036627

Maggie Clemens

4700 Spring St Ste 180
La Mesa, CA 91942
Phone: 6198001145

Data services provided by IDX Broker
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