www.yournextcalihome.com/homes/111249274
4774
Wilson Ave
San Diego,
CA
92116
Neighborhood:
Normal Heights
Area:
Normal Heights (92116)
Extremely well located three unit property in Normal Heights, NORTH of Adams Avenue. ADU permits ready to build an additional 528 SF ADU on the 6,251 SF lot. Unit mix consists of a 1,000 SF standalone 2/1 SFR with detached garage and two 700 SF 2/1 units. Plenty of parking with garage, driveway and covered spaces. Owner recently remodeled downstairs unit. Substantial rental upside in a remodel of the house, remaining 2/1 and constructing the ADU. This is an exceptional asset in a high demand market.
Exterior
Stucco
Fencing
Full
Frontage
N/K
Irrigation
N/K
Parking For RV
Potential Space
Parking Garage Desc Unit1
AssignedDetached
Parking Garage Spaces Unit1
1
Parking Non Garage Desc Unit1
Tandem
Parking Non Garage Desc Unit2
Carport
Parking Non Garage Desc Unit3
Carport
Pool
N/K
Pool Heat
None Known
Roof
Composition
Site
Alley Access
Spa
N/K
Spa Heat
None Known
Unit1 Exclusive Use Yard
Yes
Unit2 Exclusive Use Yard
No
Unit3 Exclusive Use Yard
No
Units With Garages
1
Units With Patios
3
Cooling
N/K
Furnished Units
0
Half Baths Unit1
0
Half Baths Unit2
0
Half Baths Unit3
0
Heat Equipment
Wall/Gravity
Heat Source
Natural Gas
Stories
2 Story
Total Baths Unit1
1
Total Baths Unit2
1
Total Baths Unit3
1
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
3
Units With Fireplaces
1
Units With Range Oven
3
Units With Refrigerators
3
Units With Washers
3
Water Heater Type
Gas
Actual Cap Rate
1.3
Additional Property Use
N/K
Age Restrictions
N/K
Annual Expense Actual
22784
Annual Expense Projected
22784
Association ID
San Diego Association Of Realtors (Sdar)
Buildings
3
Cfd Mello Roos Fee
0.0
Community
Normal Heights
Complex Features
N/K
Complex Park
N/A
Cross Streets
Adams Ave
Gross Rent Multiplier Actual
32.7
Gross Rent Multiplier Project
12.3
Gross Scheduled Income Actual
39600
Gross Scheduled Income Project
105360
Home Owners Assoc Fee Includes
N/K
Mandatory Remarks
None Known
Market Area
Metro Uptown
Miscellaneous
N/K
Monthly Total Fees
0
Net Operating Income Projected
79416
Other Fee Type
N/K
Other Fees
0.0
Other Income Actual
0
Possession
Close Of Escrow
Projected Cap Rate
6.22
Projected Other Income
0.0
Sales Restrictions
N/K
Security
Gated Community
Sewer Septic
Sewer Connected
Short Sale
No
Tenant Pays
ElectricityGas/PropaneHot Water
Terms
Cal VetCashConventionalExchangeFhaVa
Unit Number For Unit1
4776
Unit Number For Unit2
4774
Unit Number For Unit3
4774 1/2
Unit1 Deposit
0
Unit1 Occupied
Vacant
Unit1 Projected Rent
2495.0
Unit1 Rent Actual
0.0
Unit2 Deposit
1600
Unit2 Occupied
Tenant
Unit2 Projected Rent
2195.0
Unit2 Rent Actual
1600.0
Unit3 Deposit
1700
Unit3 Occupied
Tenant
Unit3 Projected Rent
2195
Unit3 Rent Actual
1700.0
Zoning
Rm 1-1
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.
