www.talechia.com/homes/112359172
4076-80
Iowa St
San Diego,
CA
92104
We are pleased to present North Park Cottages - a trophy asset located in the heart of San Diego’s North Park neighborhood. THREE craftsman style 2bed/1bath cottages have been fully renovated inside and out to blend the original 1930’s charm with chic modern tones. The larger unit bordering the alley has a private yard, and is perfect for an owner-user to live in one unit and rent out the other two. The restaurant-lined streets of University Ave or 30th, are just a short stroll away from this property. Agent has not verified public records, including but not limited to permits, lot size, number of units, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
Exterior
Other/Remarks
Fencing
N/K
Frontage
N/K
Irrigation
N/K
Parking For RV
Other/Remarks
Parking Garage Desc Unit1
Detached
Parking Garage Desc Unit2
N/K
Parking Garage Desc Unit3
N/K
Parking Garage Desc Unit4
N/K
Parking Non Garage Desc Unit1
Assigned
Parking Non Garage Desc Unit2
Assigned
Parking Non Garage Desc Unit3
Assigned
Parking Non Garage Desc Unit4
None Known
Pool
N/K
Pool Heat
None Known
Roof
Composition
Site
N/K
Spa
N/K
Spa Heat
None Known
Topography
Other/Remarks
Unit1 Exclusive Use Yard
Yes
Unit2 Exclusive Use Yard
Yes
Unit3 Exclusive Use Yard
Yes
Units With Garages
1
Units With Patios
3
View
N/K
Cooling
N/K
Furnished Units
0
Half Baths Unit1
0
Half Baths Unit2
0
Half Baths Unit3
0
Heat Equipment
N/K
Heat Source
Other/Remarks
Stories
1 Story
Total Baths Unit1
1
Total Baths Unit2
1
Total Baths Unit3
1
Total Baths Unit4
0
Unit1 Laundry Hook Ups
Common
Unit2 Laundry Hook Ups
Common
Unit3 Laundry Hook Ups
Common
Units With Cooling
0
Units With Dishwashers
3
Units With Dryers
0
Units With Fireplaces
0
Units With Range Oven
3
Units With Refrigerators
3
Units With Washers
0
Water Heater Type
Other/Remarks
Actual Cap Rate
2.92
Additional Property Use
N/K
Age Restrictions
N/K
Annual Expense Actual
26781
Association ID
San Diego Association Of Realtors (Sdar)
Buildings
3
Cfd Mello Roos Fee
0.0
Community
North Park
Complex Features
N/K
Complex Park
N/A
Cross Streets
Polk Ave
Gross Rent Multiplier Actual
20.6
Gross Rent Multiplier Project
15.7
Gross Scheduled Income Actual
72600
Gross Scheduled Income Project
95220
Home Owners Assoc Fee Includes
N/K
Mandatory Remarks
None Known
Market Area
Metro Uptown
Miscellaneous
N/K
Monthly Total Fees
0
Net Operating Income Projected
65583
Other Fee Type
N/K
Other Fees
0.0
Other Income Actual
0
Possession
Close Of Escrow
Projected Cap Rate
4.39
Sales Restrictions
N/K
Security
N/K
Sewer Septic
Sewer Connected
Short Sale
No
Telecommunications
Other/Remarks
Tenant Pays
Other/Remarks
Terms
CashConventionalExchangeFha
Unit1 Deposit
1950
Unit1 Occupied
Tenant
Unit1 Projected Rent
2600.0
Unit1 Rent Actual
1950.0
Unit2 Deposit
2200
Unit2 Occupied
Tenant
Unit2 Projected Rent
2600.0
Unit2 Rent Actual
2200.0
Unit3 Deposit
1900
Unit3 Occupied
Tenant
Unit3 Projected Rent
2600
Unit3 Rent Actual
1900.0
Water
Meter On Property
Listing provided courtesy of South Coast Commercial, Inc..
Listing information © 2021 San Diego MLS Inc.
Source: SDMLS
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