1811 Pacific Beach Drive, San Diego, CA 92109
$4,000,000
Property Type:
Residential Income
Bedrooms:
9
Baths:
9
Square Footage:
5,474
Lot Size (sq. ft.):
5,663
Status:
Closed
Current Price:
$4,000,000
List Date:
8/10/2022
Last Modified:
11/19/2024
Description
Are you looking for investment income? Look no farther than this jewel asset in Crown Point. This 7 unit apartment is located on the corner of Pacific Beach Drive and Kendall, near Mission Bay. It is fully rented, and offers 2, two bedroom, two bath units, and 5, one bedroom one bath units. Laundry facilities are onsite, along with assigned parking: 2 covered and 4 uncovered spots. It is centrally located, and offers great access to Mission Bay, Pacific Beach, I-5, and the I-8 freeways. Viewing available after accepted offer. Please do not disturb tenants.
More Information MLS# 219083011
Listing, Location and Property Info
Entry Date: 2022-08-10
Land Type: Fee
General Property Information
Total Units: 7
SqFt Source: Appraiser
Price Per Unit: 500000
Fireplace: No
Building # of Stories: 2
Pool: No
Zoning: R-3
Zoning Source: Assessor
Total Bedrooms: 9
Full Baths: 9
Total Baths: 9
Approx SqFt: 5474
Lot Acres: 0.13
Lot Size: 5497
Lot Size Source: Assessor
Year Built: 1975
Cross Streets: Kendall
Listing Info
Number of Buildings: 1
Water Heater: Yes
Laundry: Yes
Laundry Equipment: Lease
Elevator: No
Tax Info
Tax Mello Roos: No
Property Info
View: No
Senior Community: No
Gated Community: No
Counts
# Electric Meters: 8
# Gas Meter: 8
# Water Meters: 1
Income & Expenses
Actual Total Rent $: 161004
Annual Gross Rent $: 161004
Projected Rent $: 223980
Gross Income $: 161676
Monthly Gross Income $: 13417
Electricity $: 1523
Operating Expenses $: 14192
Other Expense $: 4050
Professional Management $: 13488
Total Annual Operating Expenses $: 47688
Trash $: 150
Water Expense $: 6843
Vacancy Allowance % or $: 4830
Owner Pays
Gardener: 1
Trash Collection: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Sale Type
Standard: 1
Listing Terms
Cash: 1
Cash to New Loan: 1
Other: 1
Possession
Subject To Tenants Rights: 1
Showing Access
Other: 1
Parking Spaces/Information
Total Covered Spaces: 2
Total Uncovered/Assigned Spaces: 4
Disclosures
None: 1
Levels
Two: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Cooling Type
None: 1
Heating
Wall Furnace: 1
Rooms
Living Room: 1
Laundry
Community: 1
Security Safety
None: 1
Sewer
In Street Paid: 1
Water
Water District: 1
Water District Name: SD Water
Parking
Assigned: 1
Association Information
Mgmt Company Email: Torrey Pines Property Mgmt
Contingent Upon
Other: 1
Unit Information
Number of Units Leased: 7
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 4244111500
Status: Closed
Listing Date: 2022-08-10
Original List Price: 3500000
Sold Price: $4,000,000
Current Price: $4,000,000
Property Sub-Type: Apartment
Street #: 1811
Street Name: Pacific Beach
Street Suffix: Drive
County: San Diego
State: CA
Zip Code: 92109
Area: PAB - Pacific Beach
Country: US
Status Change Info
Status Change Date: 2022-10-03
Pending Date: 2022-09-02
Closed Date: 2022-10-03
Closed Price: 4000000
Parking SpacesInformation
Total Parking Spaces: 6
Property Features
Owner Pays: Gardener; Trash Collection; Water
Tenant Pays: Cable TV; Electricity; Gas
Sale Type: Standard
Listing Terms: Cash; Cash to New Loan; Other
Possession: Subject To Tenants Rights
Showing Access: Other
Disclosures: None
Levels: Two
Flooring: Carpet; Ceramic Tile
Cooling Type: None
Heating: Wall Furnace
Rooms: Living Room
Laundry: Community
Security Safety: None
Sewer: In Street Paid
Water: Water District
Parking: Assigned
Contingent Upon: Other
Land Lease Type: Fee Simple
Listing Office:
Keller Williams Luxury Homes
Listing Agent:
Signe Beck
Last Updated: November - 19 - 2024
Information deemed reliable but not guaranteed.
