3976 Morrell St | San Diego, CA 92109
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- LoopNet Team
3976 Morrell St
San Diego, CA 92109
Crown Point 9-Units | Assumable Loan · Build-to-Rent Property For Sale
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9 Units
INVESTMENT HIGHLIGHTS
- Prime Coastal San Diego Location Pacific Beach (Crown Point)
- Well-Maintained Property (Newer Roof, Vinyl Windows, Exterior Paint)
- *Optional assumable loan of 3.28% fixed for 3 more years (low leveraged, loan balance of ~ $960K)
- Directly Across the Street from Mission Bay
- 7 of 9 Units Remodeled the Last Several Years
PROPERTY FACTS
| No. Units | 9 | Property Size | 3,550 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Costar Property Class | C | Parking Allocation | 1.13/1,000 sq ft |
| Total Plot Size | 0.12 ac | ||
| Use Class | RM-1-1 | ||
| No. Units | 9 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.12 ac |
| Property Size | 3,550 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1967 |
| Parking Allocation | 1.13/1,000 sq ft |
| Use Class | RM-1-1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 8 | £1,663 | 375 - 400 |
| 1+1 | 1 | £2,150 | 550 - 600 |
PROPERTY TAXES
| Parcel Number | 424-503-04 | Improvements Assessment | £298,920 |
| Land Assessment | £1,942,980 | Total Assessment | £2,241,900 |
PROPERTY TAXES
Parcel Number
424-503-04
Land Assessment
£1,942,980
Improvements Assessment
£298,920
Total Assessment
£2,241,900
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