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    3112 Keats St

    San Diego, CA 92106
    • $2,037,500
    • STATUS: ACTIVE
    • ON SITE: 37 days
    • ID#: 200053732
    Price Reduced
    UPDATED: 9 min ago
    $2,037,500
    • 4
      BEDS
    • 0.11
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Point Loma (92106)
    Type:
    Multi-Family
    County:
    San Diego
    Area:
    Point Loma (92106)

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    Description

    We are proud to present 3112 Keats Street, a turn key investment property located walking distance to the Marina and just a short drive to the beach. The property consists of (1) Detached Two Bedroom / One Bath Home and (4) Two Bedroom / One bath Units behind. All units have been remodeled with tasteful & tenant friendly finishes. There is immediate rental upside, development potential, and potential to drastically improve current cash flow with short term vacation rental operation.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/112537687
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    3112 Keats St San Diego, CA 92106

    • Price: $2,037,500
    • Status: ACTIVE
    • Updated: 9 min ago
    • ID#: 200053732
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.11
    Acres
    Neighborhood:
    Point Loma (92106)
    County:
    San Diego
    Area:
    Point Loma (92106)
    Property Description
    We are proud to present 3112 Keats Street, a turn key investment property located walking distance to the Marina and just a short drive to the beach. The property consists of (1) Detached Two Bedroom / One Bath Home and (4) Two Bedroom / One bath Units behind. All units have been remodeled with tasteful & tenant friendly finishes. There is immediate rental upside, development potential, and potential to drastically improve current cash flow with short term vacation rental operation.
    Exterior Features

    Construction Stucco Lot Dimensions Approx 50X100 Parking Spaces Total 5

    Interior Features

    Sq Ft Of Improvement 3690 Unit Furnished1 0 Unit Furnished2 0

    Property Features

    Actual Gross Scheduled Income 117900.0 Actual Operating Expense 43001 Assumable Finance 1000000 Buildings 1 Gross Equity 1000000 Gross Multiplier 17.3 Have House + (4) 2Bed Units Leased Apartments 5 Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 9675 Motive Want Cash/1031 Exchange Other Income Amount 1800 Other Income Source Laundry Projected Cap Rate 4.4 Projected Cash On Cash 3 Projected Gross Multiplier 16.5 Short Sale No Tenant Pays Electric 5 Tenant Pays Gas 5 Tenant Pays Water 0 Unit Number1 1 Unit Number2 4 Unit Rent Total1 2095 Unit Rent Total2 7580 Unit Rent1 2095 Unit Rent2 1895 Zoning Rm3-7

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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