PACIFIC BEACH MULTIFAMILY CAP RATE 4.53/5.01, GSI $319,812/$345,600 ACTUALS/PROFORMA, 1988 BUILT, 8 TOWNHOME STYLE UNITS ALL 2 BEDROOMS/2 BATH (16 TUB/SHOWERS), 16 TANDEM PARKING 2 PER UNIT, ON SITE COIN LAUNDRY. SEPARATE ELEC/GAS METER, OVERSIZED OUTDOOR PATIOS. 1.32 MILES (7-10 MIN) TO BEACH 4 UNITS FULLY REMODELED THE REST VERY UPDATED, NEWER APPLIANCES AND WATER HEATER. SPACIOUS OPEN FLOORPLAN/KITCHEN, STAINLESS REFRIGERATOR. VERY CLOSE TO SHOPPING BEACH AND FWYS. EACH UNIT APPX 730 SQUARE FEET. 4 UNITS FRONT, 4 UNITS IN BACK. 34 YEARS OWNER MANAGED WITH HIGH QUALITY LONG TERM TENANTS. OWNERS JUST PASSED BUILDING INSPECTION. OWNERS RETIRING. EVEN CONVERT TO AIRBNB OR SHORT TERM RENTALS
Listing provided courtesy of Jason Lipovsky of Venture Pacific Properties. Last updated 2024-05-16 09:02:20.000000. Listing information © 2023 CRMLS.