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Investment Highlights

  • Fully renovated property with new roof, new asphalt parking lot, dual pane vinyl windows and more
  • Great landscaping including 5 trees bearing different fruit on an auto irrigation system
  • Two parking spots PER unit - 10 total

Executive Summary

MOST AFFORDABLE HIGH INCOME 4U ON THE MARKET! Don't miss a tremendous opportunity to own this fully renovated turnkey gem. Two parking spots per unit - yes 10 total - are just the beginning of the story! Brand new roof, new asphalt parking lot, dual pane vinyl windows and full interior remodels to name a few upgrades - please reach out to agent or click douments for the full list. The unit mix boasts two 2BR 2BA, a 2BR 1BA (one BR is smaller), and a 1BR 1BA. The property has laundry on site, two locking storage units, one with power and water. There are even three guava trees, an avocado and a tangerine tree all producing fruit on an auto irrigation system! Please reach out to listing agent today for this exclusive deal! Florian Sighe - 619-894-3030 - florian@thebrowargroup.com

Attachments

Property Upgrades
Financials Deck

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $152,101 $49.00
Other Income - -
Vacancy Loss $4,563 $1.47
Effective Gross Income $147,538 $47.53
Taxes - -
Operating Expenses - -
Total Expenses $40,671 $13.10
Net Operating Income $106,867 $34.43

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $152,101
Annual Per SF $49.00
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $4,563
Annual Per SF $1.47
Effective Gross Income (CAD)
Annual $147,538
Annual Per SF $47.53
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $40,671
Annual Per SF $13.10
Net Operating Income (CAD)
Annual $106,867
Annual Per SF $34.43

Property Facts

Price $1,990,560 CAD
Price Per Unit $497,640 CAD
Sale Type Investment
Cap Rate 5.40%
Gross Rent Multiplier 13.1
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 3,104 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1974/2026
Parking Ratio 3.22/1,000 SF
Opportunity Zone Yes
Zoning R4 - Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 2 - 925
2+1 1 - 700
1+1 1 - 600
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
548-130-27
Land Assessment
$222,796 CAD (2025)
Improvements Assessment
$317,062 CAD (2025)
Total Assessment
$539,858 CAD (2025)
  • Listing ID: 39258585

  • Date on Market: 2026-01-29

  • Last Updated:

  • Address: 320 Willie James Jones Ave, San Diego, CA 92102

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