5406 Imperial Ave, San Diego, CA 92114
  • MLS#: PTP2504104 ( )
  • Street Address: 5406 Imperial Ave
  • Viewed: 8
  • Price: $3,960,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 0
  • Days On Market: 30
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92114
  • Provided by: Commercial Asset Advisors
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Well maintained 12 unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in place income with significant rental upside in a supply constrained submarket. Constructed in 1973, the property includes three two story buildings with a strong unit mix: (3) one bedroom, (6) two bedroom, and (3) three bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.
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Features
Additional Parcels Description
  1. 548-090-09-00; 548-090-08-00
Assessments
  1. Buyer to Verify
Association Fee
  1. 0.00
Building Area Total
  1. 9870.00
Common Walls
  1. 2+ Common Walls
Electric Expense
  1. 4178.00
Entry Location
  1. Ground
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 5610.00
Laundry Features
  1. Community
Lot Features
  1. Rectangular Lot
  2. Park Nearby
  3. Paved
Netoperatingincome
  1. 174590.00
Newtaxesexpense
  1. 48795.00
Parcel Number
  1. 5480901000
Pool Features
  1. None
Professionalmanagementexpense
  1. 11853.00
Road Surface Type
  1. Alley Paved
  2. Paved
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 400092435:CRP
Spa Features
  1. None
Totalactualrent
  1. 266796.00
Totalexpenses
  1. 82868.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 33.00
Utilities
  1. Underground Utilities
  2. Cable Connected
  3. Electricity Connected
View
  1. City Lights
  2. Landmark
Water Sewer Expense
  1. 0.00
Year Built
  1. 1973
Zoning
  1. RM-3-7