Log In/Sign Up
Your email has been sent.
Seller-Carry Avail - Prime Hillcrest 3770 Georgia St 8 Unit Apartment Building $4,232,404 CAD ($529,050 CAD/Unit) 4.31% Cap Rate San Diego, CA 92103
Investment Highlights
- Contact Listing Agent to Schedule a Tour
- A+ San Diego Location: Hillcrest / 92103 | Close Proximity to Balboa Park, Mission Hills & North Park
- Highly Desirable Charming Sunny Apartments | Vintage Spanish Style Architecture
- Seller Will Consider Carrying the Financing
- Very Well-Maintained Clean Asset | Hardwood Floors
- (6) Single Car Garages with Onsite Laundry | Upstairs Units with Views
Executive Summary
8-Units in Prime Hillcrest. Seller will consider carrying the financing. Located in the Hillcrest neighborhood of San Diego, CA, one of San Diego’s best performing submarkets, it consists of eight (8) one-bedroom apartments and six (6) single car garages with onsite laundry. Built in 1929, property offers potential historic designation featuring vintage Spanish Colonial Revival architecture with Heavy Adobe Bumpy wall stucco and mission style arched doors and windows • A+ San Diego Location: Hillcrest / 92103 • Very Well-Maintained Clean Asset • Highly Desirable Charming Sunny Apartments • 9-Ft Coved Ceilings, Hardwood Floors, Upstairs Units with Views • Good Upside Potential in Rents • All Apartments Individually Metered for Gas and Electricity • Close Proximity to Balboa Park, Mission Hills & North Park • ProForma Cap Rate: 5.80 / ProForma GRM: 12.20
Contact Listing Agent to Schedule a Tour and for the Offering Memorandum
Contact Listing Agent to Schedule a Tour and for the Offering Memorandum
Property Facts
| Price | $4,232,404 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $529,050 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 4.31% | Building Size | 4,472 SF |
| Gross Rent Multiplier | 15.14 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | Parking Ratio | 1.34/1,000 SF |
| Zoning | RM-3-9 | ||
| Price | $4,232,404 CAD |
| Price Per Unit | $529,050 CAD |
| Sale Type | Investment |
| Cap Rate | 4.31% |
| Gross Rent Multiplier | 15.14 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,472 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | RM-3-9 |
Amenities
Unit Amenities
- Balcony
- Disposal
- Ceiling Fans
- Kitchen
- Refrigerator
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 8+1 | 8 | $2,852 CAD | 559 |
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 452-201-14 | Improvements Assessment | $446,150 CAD |
| Land Assessment | $334,609 CAD | Total Assessment | $780,759 CAD |
Property Taxes
Parcel Number
452-201-14
Land Assessment
$334,609 CAD
Improvements Assessment
$446,150 CAD
Total Assessment
$780,759 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Seller-Carry Avail - Prime Hillcrest | 3770 Georgia St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.