2025-41 Bacon St

    San Diego, CA 92107
    • $3,400,000
    • STATUS: ACTIVE
    • ON SITE: 17 days
    • ID#: 190042028
    UPDATED: 53 min ago
    $3,400,000
    • 3
      BEDS
    • 0.24
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    We are proud to present the Ocean Beach Cottages for sale. The property consists of eight cottage style units on three parcels on the corner of Bacon St. and Cape May Ave. This property has six cottages on one parcel, a duplex on another, and a vacant lot in the middle currently being used as a courtyard. Rare opportunity for value add or development less than a quarter mile from the water. Click the link for drone video! https://vimeo.com/realestateshowcase/obcottages-mls

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    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.whisselrealty.com/homes/98644135

    2025-41 Bacon St San Diego, CA 92107

    • Price: $3,400,000
    • Status: ACTIVE
    • Updated: 53 min ago
    • ID#: 190042028
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.24
    Acres
    Neighborhood:
    Ocean Beach (92107)
    County:
    San Diego
    Area:
    Ocean Beach (92107)
    Property Description
    We are proud to present the Ocean Beach Cottages for sale. The property consists of eight cottage style units on three parcels on the corner of Bacon St. and Cape May Ave. This property has six cottages on one parcel, a duplex on another, and a vacant lot in the middle currently being used as a courtyard. Rare opportunity for value add or development less than a quarter mile from the water. Click the link for drone video! https://vimeo.com/realestateshowcase/obcottages-mls
    Exterior Features

    Carports 0 Parking Spaces Total 0 Units With Garages 0

    Interior Features

    Sq Ft Of Improvement 3350 Units With Dishwashers 8 Units With Disposals 8 Units With Refrigerators 8

    Property Features

    Actual Cap Rate 2.81 Actual Gross Scheduled Income 150720 Actual Operating Expense 63000 Assumable Finance 0 Buildings 8 Complex Features Bbq Gross Equity 0 Gross Multiplier 19.9 Have Cottages Leased Apartments 8 Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 12560 Motive Want Sell Projected Cap Rate 4.2 Projected Gross Scheduled Inc 193200 Short Sale No Tenant Pays Electric Y Tenant Pays Gas N Tenant Pays Water N Unit Number1 2 Unit Number2 4 Unit Number3 2 Unit Rent Total1 3900 Unit Rent Total2 4687 Unit Rent Total3 1160 Unit Rent1 1950 Unit Rent2 1562 Unit Rent3 1160 Zoning Rm-2-4

    Listing provided courtesy of Apartment Advisors Inc.. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    eXp Realty of California - CA DRE# 01878277
    3180 University Ave, Suite 600
    San Diego CA, 92104