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    2541-45 Front St

    San Diego, CA 92103
    • $1,695,000
    • STATUS: ACTIVE
    • ON SITE: 33 days
    • ID#: 210009462
    UPDATED: 33 min ago
    $1,695,000
    • 6
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $565
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    2541-45 Front St, San Diego, CA 92103 is a four unit property in the Bankers Hill submarket of San Diego, a submarket that rarely trades hands. Demand for rentals in Bankers Hill has only increased year after year, and the close proximity to downtown San Diego and Little Italy makes it a favorable destination for prospective tenants who want to be in a Class A location in San Diego County. Zoned for 5 Units (RM-3-7 Zoning)! The property consists of a 3 bed/1.5 bath unit downstairs in the front triplex, a 2 bed/1 bath unit, and a 1 bed/1 bath unit upstairs. The one studio is the back structure on the lot with a laundry room to its left. 2541 Front St is a value add opportunity in a top-tier market that you won't want to miss!

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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.welcometosandiegorealestate.com/homes/116037059
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    2541-45 Front St San Diego, CA 92103

    • Price: $1,695,000
    • Status: ACTIVE
    • Updated: 33 min ago
    • ID#: 210009462
    6
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,000
    SQFT
    $565
    $/SQFT
    1920
    Built
    Neighborhood:
    Bankers Hill
    County:
    San Diego
    Area:
    Mission Hills (92103)
    Property Description
    2541-45 Front St, San Diego, CA 92103 is a four unit property in the Bankers Hill submarket of San Diego, a submarket that rarely trades hands. Demand for rentals in Bankers Hill has only increased year after year, and the close proximity to downtown San Diego and Little Italy makes it a favorable destination for prospective tenants who want to be in a Class A location in San Diego County. Zoned for 5 Units (RM-3-7 Zoning)! The property consists of a 3 bed/1.5 bath unit downstairs in the front triplex, a 2 bed/1 bath unit, and a 1 bed/1 bath unit upstairs. The one studio is the back structure on the lot with a laundry room to its left. 2541 Front St is a value add opportunity in a top-tier market that you won't want to miss!
    Exterior Features

    Exterior Stucco Fencing Gate Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 2

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 1 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 1 Units With Dryers 1 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 1

    Property Features

    Actual Cap Rate 3.0 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 30196 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community San Diego Complex Park Olive Park Cross Streets Maple StLaurel St Gross Rent Multiplier Actual 0.0 Gross Rent Multiplier Project 14.7 Gross Scheduled Income Actual 80040 Gross Scheduled Income Project 115200 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Net Operating Income Projected 81549 Other Fees 0.0 Other Income Actual 0 Pets Yes Projected Cap Rate 4.8 Sales Restrictions N/K Security Gated Community Short Sale No Tenant Pays ElectricityGas/Propane Terms Conventional Unit Number For Unit1 2541 Unit Number For Unit2 2543 Unit Number For Unit3 2545 Unit Number4 A Unit1 Deposit 1800 Unit1 Occupied Tenant Unit1 Projected Rent 2550.0 Unit1 Rent Actual 1800.0 Unit2 Deposit 1600 Unit2 Occupied Tenant Unit2 Projected Rent 1850.0 Unit2 Rent Actual 1600.0 Unit3 Deposit 2500 Unit3 Occupied Tenant Unit3 Projected Rent 3350 Unit3 Rent Actual 2500.0 Unit4 Deposit 770 Unit4 Occupied Tenant Unit4 Projected Rent 1600 Unit4 Rent Actual 770.0 Zoning Rm-3-7

    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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