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1050 Scott St

San Diego, CA 92106
  • $4,400,000
  • STATUS: ACTIVE
  • ON SITE: 10 Days
  • ID#: 230009948
UPDATED: 124 min ago
$4,400,000
  • 12
    BEDS
  • N/A
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2002
County:

School Ratings & Info

Description

1050 Scott St is 4 unit apartment community built in 2002 located in the desirable Point Loma Marina just minutes from Downtown San Diego, Ocean Beach and Sunset Cliffs. The market cap rate is 5%. First time on market in 21 years. Seller prefers to sell APNs 531-373-05-00 and 531-373-04-00 together. The desirable unit mix features two 3 bedroom 2.5 bathroom units and two 2 bedroom and 2.5 bathroom units with with an optional 3rd bedroom/office/den. The exterior renovations include new stucco. There are 21 underground parking spaces and the structure is situated on a 4,906 square foot lot. See separate property listing for 1060 Scott St. Owner prefers to sell both properties together.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/139948253
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1050 Scott St San Diego, CA 92106

  • Price: $4,400,000
  • Status: ACTIVE
  • On Site: 10 Days
  • Updated: 124 min ago
  • ID#: 230009948
12
Beds
8
Baths
0
½ Baths
N/A
Acres
2002
Built
Neighborhood:
Point Loma
County:
San Diego
Area:
Point Loma (92106)
Property Description
1050 Scott St is 4 unit apartment community built in 2002 located in the desirable Point Loma Marina just minutes from Downtown San Diego, Ocean Beach and Sunset Cliffs. The market cap rate is 5%. First time on market in 21 years. Seller prefers to sell APNs 531-373-05-00 and 531-373-04-00 together. The desirable unit mix features two 3 bedroom 2.5 bathroom units and two 2 bedroom and 2.5 bathroom units with with an optional 3rd bedroom/office/den. The exterior renovations include new stucco. There are 21 underground parking spaces and the structure is situated on a 4,906 square foot lot. See separate property listing for 1060 Scott St. Owner prefers to sell both properties together.
Exterior Features

Exterior Stucco Fencing Partial Frontage N/K Parking Garage Desc Unit1 Underground Parking Garage Desc Unit2 Underground Parking Garage Desc Unit3 Underground Parking Garage Desc Unit4 Underground Parking Non Garage Desc Unit1 None Known Parking Non Garage Desc Unit2 None Known Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Tile/Clay Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 0

Interior Features

Cooling Central Forced Air Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 1 Half Baths Unit3 1 Half Baths Unit4 1 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 3 Total Baths Unit3 3 Total Baths Unit4 3 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 4 Units With Dishwashers 4 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4 Water Heater Type Gas

Property Features

Actual Cap Rate 5.0 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 44000 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Point Loma Complex Park 1050 Scott St Cross Streets Canon St Gross Rent Multiplier Actual 19.81 Gross Scheduled Income Actual 222000 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions Other/Remarks Security N/K Short Sale No Tenant Pays Water Terms CashConventionalExchangeVa Unit1 Deposit 5000 Unit1 Occupied Tenant Unit1 Projected Rent 5500.0 Unit1 Rent Actual 5000.0 Unit2 Deposit 4700 Unit2 Occupied Tenant Unit2 Projected Rent 5500.0 Unit2 Rent Actual 4700.0 Unit3 Deposit 4000 Unit3 Occupied Tenant Unit3 Projected Rent 5000 Unit3 Rent Actual 4000.0 Unit4 Deposit 4800 Unit4 Occupied Tenant Unit4 Projected Rent 5000 Unit4 Rent Actual 4800.0 Water Meter On Property

San Diego MLS logo Listing provided courtesy of Giovanna Kajjy of Keller Williams Realty: 619-597-8033. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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