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4575 Kensington Dr

San Diego, CA 92116
  • $3,200,000
  • STATUS: PENDING
  • ON SITE: 64 Days
  • ID#: 230019454
Pending
UPDATED: 61 min ago
$3,200,000
  • 10
    BEDS
  • N/A
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

First time ever on the market! 9 extremely well maintained units in prime Kensington. Excellent unit mix of (3) 2 bed 2 bath units and (6) 1 bed 1 bath units, each with it's own parking and storage space. Value add opportunity through interior cosmetic renovations + rent increases. Great tenants, easy management.

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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/144019734
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4575 Kensington Dr San Diego, CA 92116

  • Price: $3,200,000
  • Status: PENDING
  • On Site: 64 Days
  • Updated: 61 min ago
  • ID#: 230019454
10
Beds
10
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Normal Heights (92116)
County:
San Diego
Area:
Normal Heights (92116)
Property Description
First time ever on the market! 9 extremely well maintained units in prime Kensington. Excellent unit mix of (3) 2 bed 2 bath units and (6) 1 bed 1 bath units, each with it's own parking and storage space. Value add opportunity through interior cosmetic renovations + rent increases. Great tenants, easy management.
Exterior Features

Parking Spaces Total 9

Interior Features

Sq Ft Of Improvement 6450

Property Features

Actual Gross Scheduled Income 180420.0 Actual Operating Expense 29736 Assumable Finance 0 Buildings 1 Complex Features None Gross Equity 0 Gross Multiplier 18.8 Have Units Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 15035 Motive Want Cash Out Projected Cap Rate 5.5 Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 2 Unit Number7 2 Unit Rent Total1 2000 Unit Rent Total2 1980 Unit Rent Total3 1925 Unit Rent Total4 1760 Unit Rent Total5 1540 Unit Rent Total6 2970 Unit Rent Total7 2860 Unit Rent1 2000 Unit Rent2 1980 Unit Rent3 1925 Unit Rent4 1760 Unit Rent5 1540 Unit Rent6 1485 Unit Rent7 1430

San Diego MLS logo Listing provided courtesy of of W & D Real Estate Investments: . 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.
 
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