Skip To Content

2026 Kearney Avenue

San Diego, CA 92113
  • $1,998,000
  • STATUS: ACTIVE
  • ON SITE: 252 Days
  • ID#: 230005739
$1,998,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Located in the Up-and-Coming Neighborhood of Logan Heights, 2026 Kearney Avenue is an Eight Unit Community that Offers a Well Located and Fully Rented Investment Opportunity. The Property Consists of One 2BD/1BA Unit, Three 1BD/1BA Units & Four Studio Units. Recent Renovations Have Been Completed in a Majority of the Units Offering Lower Future Maintenance and a Strong Upside in Rents. Additional Amenities include a Large Off-Street Gated Parking Area, Private Yards/Patios for Select Units and On-Site Laundry Room. Situated Minutes Outside of Downtown San Diego, Logan Heights has Experienced a Recent Influx of Restaurants, Breweries, Art Galleries, Retail and New Construction Housing Projects. The Property is Centrally Located, Featuring an 88 Walk Score, and is Near to All the Attractions of the Barrio Logan Cultural District.

Monthly Payment Calculator

San Diego MLS logo 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/138111968
Print Image

2026 Kearney Avenue San Diego, CA 92113

  • Price: $1,998,000
  • Status: ACTIVE
  • On Site: 252 Days
  • ID#: 230005739
5
Beds
8
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Logan Heights (92113)
County:
San Diego
Area:
Logan Heights (92113)
Property Description
Located in the Up-and-Coming Neighborhood of Logan Heights, 2026 Kearney Avenue is an Eight Unit Community that Offers a Well Located and Fully Rented Investment Opportunity. The Property Consists of One 2BD/1BA Unit, Three 1BD/1BA Units & Four Studio Units. Recent Renovations Have Been Completed in a Majority of the Units Offering Lower Future Maintenance and a Strong Upside in Rents. Additional Amenities include a Large Off-Street Gated Parking Area, Private Yards/Patios for Select Units and On-Site Laundry Room. Situated Minutes Outside of Downtown San Diego, Logan Heights has Experienced a Recent Influx of Restaurants, Breweries, Art Galleries, Retail and New Construction Housing Projects. The Property is Centrally Located, Featuring an 88 Walk Score, and is Near to All the Attractions of the Barrio Logan Cultural District.
Exterior Features

Carports 0 Construction DrywallFrame Exterior Fully LandscapedMetal FenceWood FenceWood Deck Lot Dimensions Approx 52' x 145' Parking Spaces Parking Spaces Total 8 Roof Composition Units With Garages 0

Interior Features

Cooling Wall/Window Floor Coverings HardwoodTileVinyl Floors Wood Heating Wall Laundry Owned Sq Ft Of Improvement 4157 Stories 2 Story Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Unit Furnished5 No Unit Furnished6 No Unit Furnished7 No Unit Furnished8 No Units With Dishwashers 0 Units With Disposals 8 Units With Drapes 0 Units With Ranges 8 Units With Refrigerators 8

Property Features

Actual Cap Rate 3.86 Actual Gross Operating Income 129728 Actual Gross Scheduled Income 130980.0 Actual Operating Expense 52483 Actual Vacancy And Credit Loss 4012 Assumable Finance 0 Buildings 1 Existing Financing Conventional Financial Information Source Owner Gross Equity 0 Gross Multiplier 15.0 Have 8 Units Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 10915 Motive Want Sell & 1031 Exchange Other Income Actual 2760 Other Income Amount 230 Other Income Source Laundry Projected Cap Rate 5.98 Projected Gross Multiplier 11.3 Short Sale No Sq Ft Source Buyer to VerifyTax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Number8 1 Unit Rent Total1 1375 Unit Rent Total2 1295 Unit Rent Total3 1595 Unit Rent Total4 1495 Unit Rent Total5 1595 Unit Rent Total6 1395 Unit Rent Total7 1295 Unit Rent Total8 870 Unit Rent1 1375 Unit Rent2 1295 Unit Rent3 1595 Unit Rent4 1495 Unit Rent5 1595 Unit Rent6 1395 Unit Rent7 1295 Unit Rent8 870 Unit Type Apartment

San Diego MLS logo Listing provided courtesy of Tyler Joseph Hadzicki of Starker West, Inc.: 619-992-5836. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_2_230005739-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_2_230005739-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_2_230005739-2.jpg
Logo
Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
7910 Girard Ave Ste 9
La Jolla CA, 92037