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3801 Centre St

San Diego, CA 92103
  • $2,600,000
  • STATUS: ACTIVE
  • ON SITE: 3 Days
  • ID#: 220020198
New On Site 3 Days Ago
UPDATED: 19 min ago
$2,600,000
  • 8
    BEDS
  • 0.15
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to Marston Hills - one block from Park Blvd & University Ave. Located just east of Hillcrest and just north of Morley Field/Balboa Park. This 7 unit, two story apartment building has been family owned for years and has been VERY well maintained by professional management. There is one 2 Br 1 Ba unit and six 1 Br 1 Ba units. There are 6 assigned parking spaces with alley access. Laundry facilities on site. Units are nicely upgraded with LVP, gas stoves, refrigerators, wood cabinets in the kitchen & hall, bathrooms have been upgraded as well. Complex is fenced and has two security gate access points. Waking distance to shops, bars and restaurants. Easy freeway access. Fully rented with all but one lease expiring on 5/31/23,(6/30/23 on the last one). This is the building & the location that you have been looking for!

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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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/131581665
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3801 Centre St San Diego, CA 92103

  • Price: $2,600,000
  • Status: ACTIVE
  • On Site: 3 Days
  • Updated: 19 min ago
  • ID#: 220020198
8
Beds
7
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Mission Hills (92103)
County:
San Diego
Area:
Mission Hills (92103)
Property Description
Welcome to Marston Hills - one block from Park Blvd & University Ave. Located just east of Hillcrest and just north of Morley Field/Balboa Park. This 7 unit, two story apartment building has been family owned for years and has been VERY well maintained by professional management. There is one 2 Br 1 Ba unit and six 1 Br 1 Ba units. There are 6 assigned parking spaces with alley access. Laundry facilities on site. Units are nicely upgraded with LVP, gas stoves, refrigerators, wood cabinets in the kitchen & hall, bathrooms have been upgraded as well. Complex is fenced and has two security gate access points. Waking distance to shops, bars and restaurants. Easy freeway access. Fully rented with all but one lease expiring on 5/31/23,(6/30/23 on the last one). This is the building & the location that you have been looking for!
Exterior Features

Construction Drywall Exterior Cable AvailableMetal FencePart Fenced Parking Spaces Parking Spaces Total 6 Roof Composition

Interior Features

Floor Coverings Vinyl Floors SlabWood Heating Wall Laundry Leased Sq Ft Of Improvement 4500 Stories 2 Story Units With Disposals 7 Units With Ranges 7 Units With Refrigerators 7

Property Features

1st Loan Assumable N 1st Loan Balance 5000 Actual Cap Rate 3.53 Actual Gross Scheduled Income 128640.0 Actual Operating Expense 36753 Assumable Finance 0 Buildings 1 Existing Financing Conventional Financial Information Source Other/Remarks Flood Zone Hazard Unknown Gross Equity 2595000 Gross Multiplier 20.2 Have 7 Unit Apartment Building Leased Apartments 7 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 10670 Motive Want Sell Other Income Amount 50 Other Income Source Laundry Short Sale No Special None Sq Ft Source Tax Record Terms CashCash To New Loan Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Rent Total1 2195 Unit Rent Total2 1800 Unit Rent Total3 1335 Unit Rent Total4 1335 Unit Rent Total5 1335 Unit Rent Total6 1335 Unit Rent Total7 1335 Unit Rent1 2195 Unit Rent2 1800 Unit Rent3 1335 Unit Rent4 1335 Unit Rent5 1335 Unit Rent6 1335 Unit Rent7 1335 Unit Type Apartment Zoning R-3:Restri

San Diego MLS logo Listing provided courtesy of Cowles Mountain Realty. Listing information © 2022 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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