2003 Emerald Street, San Diego, CA 92109
2003 Emerald Street, San Diego, CA 92109
2003 Emerald Street, San Diego, CA 92109
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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353
$4,000,000
Est. payment /mo
10 Beds
8 Baths
5,026 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 5,026 sqft

Price per Sqft $795

MLS Listing ID 260018607

Bedrooms 10

Full Baths 8

Property Sub-Type Com-Res Income

Property Description

Eight unit apartment building on a corner lot in Pacific Beach. Built in 1966 and meticulously maintained. Unit mix is six 1BD/1BA and two 2BD/1BA averaging approximately 650 square feet. One dedicated parking space per unit. Six of eight units renovated. Two units have in unit washer and dryer. Current rents approximately 11% below market. Utilities are currently billed at a low flat rate, leaving upside through SDG&E submetering or a market level RUBS program. 89 Walk Score with retail, grocery, and dining within walking distance. Pacific Beach submarket vacancy is 4.2% versus 6.1% countywide, with only 60 units under construction submarket wide and trailing twelve month rent growth near three times the San Diego average. Contact broker for offering memorandum, rent roll, and financials.

Location

State CA

County San Diego

Area Coastal South

Interior

Fireplace No

Exterior

View Y/N No

Total Parking Spaces 8

Building

Story 2

Others

Senior Community No

Tax ID 416-542-10-00

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MLS Router / San Diego MLS
Listed by Erik M Anderson, DRE#01991182 Newmark of Southern California 

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2003 Emerald Street