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    4066-48 N Newton Ave

    San Diego, CA 92113
    • $1,900,000
    • STATUS: ACTIVE
    • ON SITE: 61 days
    • ID#: 200052489
    Price Reduced
    UPDATED: 23 min ago
    $1,900,000
    • 9
      BEDS
    • 0.49
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 3,738
      SQFT
    • $508
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Newton Ave is an Entitled development site with rental income day one. The site currently has (3) detached Single family homes. The tenants pay all utilities. The property has plans to build (4) 3br 3bath units. The lot is 21,150 square feet.

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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/112188106
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    4066-48 N Newton Ave San Diego, CA 92113

    • Price: $1,900,000
    • Status: ACTIVE
    • Updated: 23 min ago
    • ID#: 200052489
    9
    Beds
    6
    Baths
    0
    ½ Baths
    0.49
    Acres
    3,738
    SQFT
    $508
    $/SQFT
    1960
    Built
    Neighborhood:
    Southcrest
    County:
    San Diego
    Area:
    Logan Heights (92113)
    Property Description
    Newton Ave is an Entitled development site with rental income day one. The site currently has (3) detached Single family homes. The tenants pay all utilities. The property has plans to build (4) 3br 3bath units. The lot is 21,150 square feet.
    Exterior Features

    Exterior StoneWood Fencing Full Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3

    Interior Features

    Cooling N/K Furnished Units 3 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3

    Property Features

    Actual Cap Rate 1.6 Age Restrictions N/K Annual Expense Actual 51632 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0.0 Community San Diego Complex Park Southcrest Cross Streets S 41st Gross Rent Multiplier Actual 22.4 Gross Scheduled Income Actual 84996 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays SewerTrashWaterElectricityGas/PropaneHot Water Terms Cal VetCashConventionalExchangeFhaVa Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 2600.0 Unit1 Rent Actual 2361.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 2600.0 Unit2 Rent Actual 2361.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Projected Rent 2600 Unit3 Rent Actual 2361.0 Zoning R-4:Multip

    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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