4463 Mentone

    San Diego, CA 92107
    • $2,250,000
    • STATUS: Active
    • ON SITE: 157 days
    • ID#: 190065950
    UPDATED: 38 min ago
    $2,250,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    4463 MENTONE STREET IS AN EXCELLENT SIX UNIT INVESTMENT PROPERTY LOCATED IN THE LOMA PORTAL SECTION OF POINT LOMA. IT IS IN CLOSE PROXIMITY TO BEACHES, TENNIS COURTS, RESTAURANTS, ROBB FIELD, MISSION BAY PARK, SHELTER ISLAND, AND SAN DIEGO BAY. THE RENTS ARE SUBSTANTIALLY BELOW MARKET AND COULD BE RAISED WITH NEW OWNERSHIP AND MANAGEMENT, SUBJECT TO THE NEW STATE-WIDE RENT CONTROL STATUTE. THE BUILDING HAS BEEN VERY WELL-MAINTAINED WITH SIGNIFICANT IMPROVEMENTS MADE TO SEVERAL OF THE KITCHENS AND BATHROOMS. THE ROOF IS RELATIVELY NEW. PLEASE DO NOT WALK THE PROPERTY OR DISTURB THE TENANTS. THIS SIX UNIT MULTI-FAMILY PROPERTY IS AN EXCELLENT OPTION FOR AN INVESTOR SEEKING AN OUTSTANDING AND STABLE INCOME IN A VERY TIGHT RENTAL MARKET. THE PROPERTY IS A GREAT CANDIDATE FOR A 1031 EXCHANGE. IT IS SITUATED IN CLOSE PROXIMITY TO A MYRIAD OF WONDERFUL AMENITIES. Exterior: ,

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T07:25:06.137. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living SoCal. Licensed in the State of California, USA.

    www.betterlivingsocalhomes.com/homes/101890101

    4463 Mentone San Diego, CA 92107

    • Price: $2,250,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 190065950
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    County:
    San Diego
    Property Description
    4463 MENTONE STREET IS AN EXCELLENT SIX UNIT INVESTMENT PROPERTY LOCATED IN THE LOMA PORTAL SECTION OF POINT LOMA. IT IS IN CLOSE PROXIMITY TO BEACHES, TENNIS COURTS, RESTAURANTS, ROBB FIELD, MISSION BAY PARK, SHELTER ISLAND, AND SAN DIEGO BAY. THE RENTS ARE SUBSTANTIALLY BELOW MARKET AND COULD BE RAISED WITH NEW OWNERSHIP AND MANAGEMENT, SUBJECT TO THE NEW STATE-WIDE RENT CONTROL STATUTE. THE BUILDING HAS BEEN VERY WELL-MAINTAINED WITH SIGNIFICANT IMPROVEMENTS MADE TO SEVERAL OF THE KITCHENS AND BATHROOMS. THE ROOF IS RELATIVELY NEW. PLEASE DO NOT WALK THE PROPERTY OR DISTURB THE TENANTS. THIS SIX UNIT MULTI-FAMILY PROPERTY IS AN EXCELLENT OPTION FOR AN INVESTOR SEEKING AN OUTSTANDING AND STABLE INCOME IN A VERY TIGHT RENTAL MARKET. THE PROPERTY IS A GREAT CANDIDATE FOR A 1031 EXCHANGE. IT IS SITUATED IN CLOSE PROXIMITY TO A MYRIAD OF WONDERFUL AMENITIES. Exterior: ,
    Exterior Features

    Construction Materials Stucco Lot Size Units Square Feet Roof Composition

    Interior Features

    Heating Forced Air Heating YN Yes

    Property Features

    Cap Rate 3.66 Country Us Gross Scheduled Income 102600.00 Net Operating Income 82352.00 Operating Expense 20247.40 Property Sub Type Commercial/Residential Resident Manager Expense 0.00 Total Monthly Rent 8550 Water Sewer Expense 4200.00 Zoning Multi-Fam

    Listing provided courtesy of Gregory Scafidi of Berkshire Hathaway Homeservice and Russell Elrod of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T07:25:06.137. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living SoCal. Licensed in the State of California, USA.

     
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