3590 Arey Drive 30 (S/L Level Town Homes See List)

    San Diego, CA 92154
    • $8,884,500
    • STATUS: Active
    • ON SITE: 428 days
    • ID#: 190005465
    UPDATED: 47 min ago
    $8,884,500
    • 0
      BEDS
    • 5.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    REDUCED $400,000. The last model match $329,000!! Hold with upside on rents, or sell off! Great Investment Opportunity Bulk Sale. 30 Single level (S/L) Town Homes. all are 3 bedroom investor owned and have Ocean Views (some units) and breezes. Washer dryer connections in the units. Units are rented below the market rents (+/-$2,000). Value added deal Potential for upside selling off individual units. Potential 5% cap with upside on value. Income potential is $720,000. See attachment for list of units and floor plans. Exterior: ,,,,

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-01T22:27:42.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/91245585

    3590 Arey Drive 30 (S/L Level Town Homes See List) San Diego, CA 92154

    • Price: $8,884,500
    • Status: Active
    • Updated: 47 min ago
    • ID#: 190005465
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.5
    Acres
    County:
    San Diego
    Property Description
    REDUCED $400,000. The last model match $329,000!! Hold with upside on rents, or sell off! Great Investment Opportunity Bulk Sale. 30 Single level (S/L) Town Homes. all are 3 bedroom investor owned and have Ocean Views (some units) and breezes. Washer dryer connections in the units. Units are rented below the market rents (+/-$2,000). Value added deal Potential for upside selling off individual units. Potential 5% cap with upside on value. Income potential is $720,000. See attachment for list of units and floor plans. Exterior: ,,,,
    Exterior Features

    Construction Materials StuccoOther Lot Size Dimensions 239580 Lot Size Units Square Feet Roof Composition

    Interior Features

    Heating Baseboard Heating YN Yes

    Property Features

    Cap Rate 4.30 Country Us Gross Scheduled Income 561658.00 Operating Expense 188037.00 Property Sub Type Commercial/Residential Total Monthly Rent 1560

    Listing provided courtesy of Robert Wolf of Wolf Real Estate Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-01T22:27:42.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
    Crudo & Associates | Willis Allen Real EstateLa Jolla
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    La Jolla CA, 92037