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Listing 5 out of 146
$4,850,000 For Sale

4702 Jewell Street
San Diego, CA 92109

14 units | Multi Family 5+ - MLS# 190013449
Property Photo
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Description

The Jewell Manor is a well-maintained community located in the highly desirable Pacific Beach sub-market. The property was built in 1962 and is comprised of 13 spacious 1 bedroom/1 bath units averaging 701 square feet. There is also a large 1,590 square foot 3 bedroom/2 bath “owners unit”. The interior amenities include spacious and efficient floor plans with many updates throughout the units. Select units have updated kitchens, bathrooms, and flooring. The exterior is well-maintained with lush landscaping and an open courtyard setting. The property also features an on-site laundry facility and a large storage/workshop area.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92109
  • Age: 1962
  • Units: 14 units
  • # of Baths (1): 1
  • # of Baths (2): 2
  • # of Bedrooms (1): 1
  • # of Bedrooms (2): 3
  • # of Buildings: 1
  • # of Leased Apartments: 14
  • # of Stories: 2
  • # of Units (1): 13
  • # of Units (2): 1
  • Actual Gross Schd Income: 253380
  • Actual Operating Expense: 119970
  • Actual Other Income: 2400
  • Cap Rate Actual: 2.64
  • Cap Rate Projected: 4.5
  • Gross Equity: 4050000
  • Listing Area: PACIFIC BEACH (92109)
  • Lot SqFt: 11140
  • Proj Gross Multiplier: 14.46
  • Proj Operating Expense: 106256
  • Proj. Gross Sched. Income: 335400
  • Projected Net Income: 218070
  • Projected Other Income: 2400
  • SqFt of Improvement: 11160
  • Unit Rent Total (1): 17965
  • Unit Rent Total (2): 3150
Courtesy of Acre Investment Real Estate

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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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