1130 Lauriston Dr
San Diego, California CA 92154
Price: $3,000,000
Est. Monthly Payment: $12,883.72 See Details
ACTIVE Status, Bedrooms, 0 Full Baths
5,924 Square Feet, 0.140 Acres
Listing ID # 170037684

Property Description:

This property is being sold as a bundle with 5 other properties or option to purchase individually or some. This property individually is listed at $499,000. See below for additional addresses. Actual annual rental income $35,736 for EACH property with a 2% annual increase. Great cash flow with solid A PAPER tenant. Seller will carry with 30% down. Long term lease with ResCare until February 28th, 2019. Tenant pays for several utilities & landscaping.Other 5 addresses include: 3066 Camino Aleta 92154, 1384 Frauline Dr 92154, 1382 Tobias Dr. 91911, 1805 Ionian St. 92154, 1130 Lauriston Dr. 92154. SIX 1 story homes configured for ADA use: Wide doorways, handicapped equipped bathrooms and entries. Beautiful and clean outdoor living spaces. ResCare is dedicated to impacting communities for the better with a mission to help people live their best life. It is the largest private provider of services to people with disabilities, the largest privately-owned home care company and the largest career center workforce contractor in the U.S.
{"zipcode": "92154", "price": "3000000"}
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Primary Features

County: San Diego
Property Type: 2-4 Units
Year Built: 1975
Zoning: R-1:SINGLE

Additional

Age Restrictions: N/K
Assessors Parcel Number: 630-160-26-00
Community: SOUTH SD
Complex/Park: N/A
DOMLS: 34
Land Use Code: R-1
Limited Service: No
Miscellaneous: Other/Remarks
MT: 34
Number of Buildings: 6
Number of Furnished Units: 6
Number of Units: 6
Number of Units With Dryers: 6
Number of Units With Fireplaces: 5
Number of Units With Garage: 6
Number of Units With Patios: 6
Number of Units With Range/Oven: 6
Number of Units With Refrigerator: 6
Number of Units With Washers: 6
Number Units With Cooling: 6
Number Units With Dishwashers: 6
Possession: Other/Remarks
Sales Restrictions: N/K
Security: N/K
Sewer/Septic: Sewer Available, Sewer Connected
Spa: N/K
Spa Heat: None Known
Supplement: Other 5 addresses include: 3066 Camino Aleta 92154, 1384 Frauline Dr 92154, 1382 Tobias Dr. 91911, 1805 Ionian St. 92154, 1130 Lauriston Dr. 92154. SIX 1 story homes configured for ADA use: Wide doorways, handicapped equipped bathrooms and entries. Beautiful and clean outdoor living spaces. ResCare is dedicated to impacting communities for the better with a mission to help people live their best life. It is the largest private provider of services to people with disabilities, the largest privately-owned home care company and the largest career center workforce contractor in the U.S.
Telecommunications: N/K
Terms: Cash, Conventional
Property Sub Type: Res Income 2-4 Units
Unit 1 Estimated SqFt: 1395
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: Lauriston
Unit Number for Unit 2: Camino Ale
Unit Number for Unit 3: Frauline
Unit Number for Unit 4: 5979 Harps

Financial Details

Annual Expense Actual: 55500
Annual Expense Projected: 55500
Cap Rate Actual: 5.25
Cap Rate Projected: 5.5
Gross Rent Multiplier Actual: 14.16
Gross Rent Multiplier Project: 13.88
Gross Scheduled Income Actual: 214476
Gross Scheduled Income Project: 218766
Max Search Price: 3000000
Original Price: 3000000
Other Fee Type: N/K
Short Sale: No
Tenant Pays: Cable TV
Unit 1 Deposit: 2834
Unit 1 Rent Actual: 35746
Unit 2 Deposit: 2834
Unit 2 Rent Actual: 35746
Unit 3 Deposit: 2834
Unit 3 Rent Actual: 35746
Unit 4 Deposit: 2834
Unit 4 Rent Actual: 35746
Value Range Pricing: n

External Features

Entry Only: No
Exterior Finish: Stucco
Fencing: Partial
Irrigation: N/K
Lot Size: 4,000-7,499 SF
Parking Garage Unit 1: Attached
Parking Garage Unit 2: Attached
Parking Garage Unit 3: Attached
Parking Garage Unit 4: Attached
Parking Non-Garage Unit 1: Uncovered
Parking Non-Garage Unit 2: Uncovered
Parking Non-Garage Unit 3: Uncovered
Parking Non-Garage Unit 4: Uncovered
Pool: N/K
Pool Heat: None Known
Roof: Composition
Sign on Property: No
Site: Curbs, Public Street, Sidewalks, Street Paved
Topography: Level
Unit 1 Exclusive Use Yard: Yes
Unit 2 Exclusive Use Yard: Yes
Unit 3 Exclusive Use Yard: Yes
Unit 4 Exclusive Use Yard: Yes

Interior Features

Cooling: Central Forced Air
Heat Equipment: Fireplace, Forced Air Unit
Heat Source: Natural Gas, Wood
Stories: 1 Story
Unit 1 Number Bedrooms: 4
Unit 1 Number of Full Baths: 2
Unit 1 Number Total Baths: 2
Unit 2 Estimated SqFt: 1410
Unit 2 Number Bedrooms: 4
Unit 2 Number of Full Baths: 2
Unit 2 Number Total Baths: 2
Unit 3 Estimated SqFt: 1444
Unit 3 Number Bedrooms: 3
Unit 3 Number of Full Baths: 2
Unit 3 Number Total Baths: 2
Unit 4 Estimated SqFt: 1880
Unit 4 Number Bedrooms: 4
Unit 4 Number of Full Baths: 2
Unit 4 Number Total Baths: 2

Location Information

Cross Street(s): Sewell Ave
Full Address: 1130 Lauriston Dr
Market Area: South Bay
Neighborhood: Otay Mesa
Zip/Area: OTAY MESA (92154)

Zoning Info


Area Info


Listing courtesy of Keller Williams Realty LaJolla
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Contact - Listing ID 170037684

Maggie Clemens

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

Data services provided by IDX Broker
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