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Larry Parra

Larry Parra

Movanti Realty
CA DRE #01742337

619-719-6356
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Listing 15 out of 1,520
$1,400,000 For Sale

1149 - 1151 Grand Avenue
San Diego, CA 92109

3 units | Multi Family 2-4 - MLS# 190039771
Property Photo
1/24

Description

Front Unit Vacant and on Sentrilock for viewing! Don't miss out on this rare opportunity - 3 units just 4 blocks from the beach! Very desirable area of Pacific Beach! Ideal for an investment property OR you could live onsite and rent out the back units. Front 2 bedroom unit comes with yard, patio, driveway and garage parking. Studio units have private patio and garden area. Common Laundry onsite - Beautiful landscaping. Tremendous rental income opportunity on back Studio Units.

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92109
  • Year Built: 1952
  • Subdivision/Neighborhood: Pacific Beach
  • Units: 3 units
  • # of Buildings: 3
  • # of Units w/Garage: 1
  • # of Units w/Patios: 2
  • # of Units w/Range/Oven: 3
  • # of Units w/Refrigerator: 3
  • Annual Expense Actual: 6000
  • Cap Rate Actual: 3.68
  • Cap Rate Projected: 4.1
  • Community: Pacific Beach
  • Fencing: Partial
  • Gross Rent Multiplier Act: 25.28
  • Gross Sched Income Actual: 46440
  • Listing Area: PACIFIC BEACH (92109)
  • Lot Size Area: 4, 000-7, 499 SF
  • Lot SqFt: 6245
  • Roof: Composition
  • Siding: Stucco
  • Tenant Pays: Cable TV, Electricity, Gas/Propane
  • Terms: Cash, Conventional
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Total Baths: 1
  • Unit 1 # of Full Baths: 1
  • Unit 1 Estimated SqFt: 800
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Common
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: 3200
  • Unit 1 Rent Actual: 3000
  • Unit 2 # Bedrooms: 1
  • Unit 2 # Total Baths: 1
  • Unit 2 # of Full Baths: 1
  • Unit 2 Deposit: 975
  • Unit 2 Estimated SqFt: 342
  • Unit 2 Laundry Hook Ups: Common
  • Unit 2 Projected Rent: 1500
  • Unit 2 Rent Actual: 975
  • Unit 3 # Bedrooms: 1
  • Unit 3 # Total Baths: 1
  • Unit 3 # of Full Baths: 1
  • Unit 3 Deposit: 895
  • Unit 3 Estimated SqFt: 342
  • Unit 3 Laundry Hook Ups: Common
  • Unit 3 Projected Rent: 1500
  • Unit 3 Rent Actual: 895
Courtesy of Ascent Real Estate, Inc

Larry Parra
Movanti Realty

5531 Amadita Lane
Bonita, CA 91902
Phone: 619-719-6356
Email: larry@movantirealty.com
CA DRE #01742337

Testimonials

Larry Parra helped us with our buy and sell. He is very Professional and very knowledgeable, good Communication through the whole process. He made sure the process went as smooth as possible, it was a real pleasure for my family and I to have worked with him. Mirian M.
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