308 W Brookes Ave

    San Diego, CA 92103
    • $1,110,000
    • STATUS: PENDING
    • ON SITE: 103 days
    • ID#: 190038274
    Pending
    UPDATED: 36 min ago
    $1,110,000
    • 4
      BEDS
    • 0.73
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,350
      SQFT
    • $472
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1931
    County:

    School Ratings & Info

    Description

    The entire property was recently repainted and all exterior decks refinished. Brookes Ave is a 3 unit multifamily apartment located at the end of the street just blocks from Balboa Park. The building sits on a 31,798 square foot lot. The unit mix consists of (1) two bedroom one bath and (2) one bedroom one bath units. Each tenant enjoys an expansive view of the local canyon and adjoining Hillcrest neighborhoods. With low current rents this property allows for substantial rental upside.

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    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/96792984

    308 W Brookes Ave San Diego, CA 92103

    • Price: $1,110,000
    • Status: PENDING
    • Updated: 36 min ago
    • ID#: 190038274
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.73
    Acres
    2,350
    SQFT
    $472
    $/SQFT
    1931
    Built
    Neighborhood:
    Hillcrest
    County:
    San Diego
    Area:
    Mission Hills (92103)
    Property Description
    The entire property was recently repainted and all exterior decks refinished. Brookes Ave is a 3 unit multifamily apartment located at the end of the street just blocks from Balboa Park. The building sits on a 31,798 square foot lot. The unit mix consists of (1) two bedroom one bath and (2) one bedroom one bath units. Each tenant enjoys an expansive view of the local canyon and adjoining Hillcrest neighborhoods. With low current rents this property allows for substantial rental upside.
    Exterior Features

    Exterior Wood/Stucco Fencing Gate Frontage Canyon Irrigation N/K Parking For RV On-Site Parking Parking Non Garage Desc Unit1 Assigned Parking Non Garage Desc Unit2 Assigned Parking Non Garage Desc Unit3 Assigned Roof Composition Site Corner Lot Spa N/K Spa Heat None Known Topography Canyon/Valley Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3 View BayCityEvening LightsMountains/HillsPanoramic

    Interior Features

    Cooling Attic Fan Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Wall/Gravity Heat Source ElectricNatural Gas Stories 3 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0 Water Heater Type Gas

    Property Features

    Actual Cap Rate 3.3 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 7879 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0 Community Hillcrest Complex Features N/K Complex Park Cleveland Heights Cross Streets Front Street Gross Rent Multiplier Actual 24.3 Gross Rent Multiplier Project 15.7 Gross Scheduled Income Actual 46200 Gross Scheduled Income Project 71400 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Uptown Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0 Other Income Actual 0 Possession Call Listing Agent Sales Restrictions N/K Security N/K Sewer Septic Other/Remarks Short Sale No Telecommunications N/K Tenant Pays ElectricityGas/Propane Terms CashConventionalFhaVa Unit Number For Unit1 308 Unit Number For Unit2 310 Unit Number For Unit3 312 Unit1 Deposit 1500 Unit1 Occupied Tenant Unit1 Projected Rent 2600 Unit1 Rent Actual 1650 Unit2 Deposit 1100 Unit2 Occupied Tenant Unit2 Projected Rent 1750 Unit2 Rent Actual 1200 Unit3 Deposit 900 Unit3 Occupied Tenant Unit3 Projected Rent 1600 Unit3 Rent Actual 1000 Water Meter On Property Zoning R-2:Minor

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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