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Investment Highlights
- Improving Golden Hill Location
- Plenty of Off Street Parking
- Ad Value &/or Development Opportunity
Executive Summary
Prime Golden Hill Add Value &/or Development Opportunity. Existing 4 units with rents well below market. .17 ACRE lot that is mostly unused provides an opportunity to add 2 additional units. Seller completing plans that will be provided to a buyer that essentially are shovel ready for the additional units.
Golden Hill is a prime rental market located just a few minutes to downtown San Diego and South Park. Everywhere you look in Golden Hill units are being renovated and new multi family development projects are being completed.
Golden Hill is a prime rental market located just a few minutes to downtown San Diego and South Park. Everywhere you look in Golden Hill units are being renovated and new multi family development projects are being completed.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$87,387
|
$40.46
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$87,387
|
$40.46
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$36,743
|
$17.01
|
| Net Operating Income |
$50,644
|
$23.45
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $87,387 |
| Annual Per SF | $40.46 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $87,387 |
| Annual Per SF | $40.46 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $36,743 |
| Annual Per SF | $17.01 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $50,644 |
| Annual Per SF | $23.45 |
Property Facts
| Price | $1,905,638 CAD | Building Class | C |
| Price Per Unit | $476,410 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 2,160 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1938 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-4 | ||
| Price | $1,905,638 CAD |
| Price Per Unit | $476,410 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,160 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1938 |
| Opportunity Zone |
Yes |
| Zoning | R-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,565 CAD | 450 |
| 1+1 | 3 | $1,923 CAD | 570 |
1 1
Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Number | 534-412-13 | Improvements Assessment | $315,432 CAD |
| Land Assessment | $1,016,815 CAD | Total Assessment | $1,332,247 CAD |
Property Taxes
Parcel Number
534-412-13
Land Assessment
$1,016,815 CAD
Improvements Assessment
$315,432 CAD
Total Assessment
$1,332,247 CAD
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