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Listing 11 out of 197
$1,799,000 New For Sale

6633-6635 Electric Ave
La Jolla, CA 92037

2 units | Multi Family 2-4
6534 sq ft - MLS# 190026016
Property Photo
1/10

Description

Rare opportunity to acquire a multifamily investment in one of La Jolla's most coveted neighborhoods. This fully rebuilt and renovated property is comprised of two 2BR/2BA units and two single car garages. From the fully landscaped/hardscape exterior to the meticulous well-appointed interior finishes - this property is perfect for an owner occupant or investor. The property is in close proximity to many top tier schools such as The Bishops School, La Jolla Country Day and La Jolla High School.

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92037
  • Year Built: 2000
  • Subdivision/Neighborhood: La Jolla
  • Units: 2 units
  • Lot Size: 6534 sq ft
  • Zoning: R-2:MINOR
  • # Units w/Dishwashers: 2
  • # of Buildings: 1
  • # of Units w/Dryers: 2
  • # of Units w/Garage: 2
  • # of Units w/Patios: 1
  • # of Units w/Range/Oven: 2
  • # of Units w/Refrigerator: 2
  • # of Units w/Washers: 2
  • Annual Expense Actual: 25322
  • Cap Rate Actual: 2.5
  • Cap Rate Projected: 3.8
  • Community: La Jolla
  • Complex/Park: 2 On Electric Ave
  • Gross Rent Multiplier Act: 24.99
  • Gross Rnt Multiplier Proj: 18.74
  • Gross Sched Income Actual: 7200
  • Listing Area: LA JOLLA (92037)
  • Lot Size Area: 4, 000-7, 499 SF
  • Lot SqFt: 6615
  • Roof: Composition
  • Siding: Stucco, Wood
  • Tenant Pays: Electricity, Gas/Propane
  • Terms: Cal Vet, Cash, Conventional, Exchange, FHA, VA
  • Unit # for Unit 1: 6633
  • Unit # for Unit 2: 6635
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Total Baths: 2
  • Unit 1 # of Full Baths: 1
  • Unit 1 # of Half Baths: 1
  • Unit 1 Deposit: 3000
  • Unit 1 Estimated SqFt: 1175
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Projected Rent: 4000
  • Unit 1 Rent Actual: 3000
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Total Baths: 2
  • Unit 2 # of Full Baths: 2
  • Unit 2 Deposit: 3000
  • Unit 2 Estimated SqFt: 1175
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Projected Rent: 4000
  • Unit 2 Rent Actual: 3000
Courtesy of South Coast Commercial, Inc.

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Krystal Lane

Krystal Lane
SDHomes Enterprises
San Diego, CA 92104

858-382-5793
Contact Me

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Krystal Lane | CA DRE# 01918284 | 858-382-5793 | Contact Me
2358 University Ave #33 - San Diego, CA 92104
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