Menlo Avenue San Diego, CA 92105
Pending
$1,000,000
9%
4 Units
5 Beds
4 Baths
n/a Area(sq.ft.)
6,494 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | $ 1,310 | $ 1,310 | $ 1,895 | |
| Unit 2 | 1 | 1 | 1 | $ 1,363 | $ 1,363 | $ 1,895 | |
| Unit 3 | 1 | 1 | 1 | $ 1,629 | $ 1,629 | $ 1,895 | |
| Unit 4 | 1 | 2 | 1 | $ 1,510 | $ 1,510 | $ 2,095 | |
| 4 | 4 | 5 | 4 | $ 5,812 | $ 5,812 | $ 7,780 |
| MLS #: | 240017466SD |
| Days On Market: | 137 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per unit: | $ 250,000 |
| Year Built: | 1926 |
Property Details
3845-51 Menlo Avenue is a 4-unit property with 2,042 rentable square feet built in 1926 on a 6,494 square foot lot. The unit mix consists of one 2 Bedroom / 1 Bathroom and three 1 Bedroom / 1 Bathroom units. There are two single car garages in the rear of the property. Like other urban San Diego communities, Cherokee Point and City Heights have a high rate of pedestrian activity, relative to other regions of San Diego County. City Heights and Cherokee Point are some of the most diverse communities in San Diego. Businesses and residential neighborhoods alike reflect this diversity. There have been many redevelopment projects by the city of San Diego in City Heights and Cherokee Point and an improvement of the tenant-base over the last decade.Interested in this Listing?
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Income Details
| Total Annual Expense: | $ 27,335 |
| Net Operating Income: | $ 39,619 |
| Cap Rate: | 3.96% |
| Gross Rent Multiplier: | 14.30 |
Structure
| Levels: | One |
| Complex Name: | None |
| Security Features: | None |
| Water: | None |
Land & Parking
Interior
| AC/Cooling: | None |
Exterior
| Pool: | No |
| Roof: | Other |
| Spa: | No |
Detailed Map
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