1948 Emerald Street
1948 Emerald Street
$5,309,000
—
5,840
5,840
$909
Description
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....Pacific beach multifamily cap rate 4.53/5.01, gsi $319,812/$345,600 actuals/proforma, 1988 built, 8 townhome style units all 2 bedrooms/2 bath (16 tub/showers), 16 tandem parking 2 per unit, on site coin laundry. Separate elec/gas meter, oversized outdoor patios. 1.32 miles (7-10 min) to beach 4 units fully remodeled the rest very updated, newer appliances and water heater. Spacious open floorplan/kitchen, stainless refrigerator. Very close to shopping beach and fwys. Each unit appx 730 square feet. 4 units front, 4 units in back. 34 years owner managed with high quality long term tenants. Owners just passed building inspection. Owners retiring. Even convert to airbnb or short term rentals
- Listed by Jason Lipovsky • DRE #01349086 • Brokerage DRE #01443834 • Venture Pacific Properties • jason@venture-pacific.net
Property Details for 1948 Emerald Street
Parking Spaces Total
0
Total Units8.0
Lot Size SourceAssessor
Building Area Total5840
Building Area UnitsSquare Feet
Stories Total2
Entry Level1
Association Fee$.00
Location
LISTING UPDATED: 05/09/2024 07:44 AM
Property Details for 1948 Emerald Street
Status | Active |
---|---|
MLS # | NDP2403650 |
Days on Market | 20 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1988 |
Lot Size | 0.22 AC / 9,376 SF |
County | San Diego County |
Location
Building Information for 1948 Emerald Street
Stories2Residences-Year Built1988Building Size-Lot Size0.22 AC / 9,376 SF
Payment Calculator
$28,973 per month
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Property Information for 1948 Emerald Street
Property History for 1948 Emerald Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1948 Emerald Street
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Sessions Elementary School PublicK to 5 | ||
Pacific Beach Middle School Public6 to 8 | ||
Mission Bay High School Public9 to 12 | ||
Barnard Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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