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825 27 Ormond Ct

San Diego, CA 92109
  • $2,000,000
  • STATUS: Pending
  • ON SITE: 19 Days
  • ID#: SDC0000388SD
Pending
UPDATED: 75 min ago
$2,000,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Justin Hoech of Shore Management, Inc. (858-274-3500)


Description

We present this excellent opportunity to own a three unit Mission Beach investment property! This residential complex consists of two 1-bedroom / 1-bath units & one 2-bedroom / 1-bath unit. Bottom unit features a private enclosed patio and property does include THREE covered off-street parking spaces. Ideally located just a 'stone's throw' from Mission Bay and short walk Across Mission Blvd. to the Pacific Ocean. In the heart of Mission Beach with walking access to the many shops, cafes and pubs. This property currently generates steady occupancy and rent with great upside potential, as well as, the opportunity of multi-unit re-development possibility. Units are separately metered with gas and electric. Add this property to your portfolio today! Unit # for Unit 1: 825 Unit # for Unit 2: 825.5 Unit # for Unit 3: 827 Number of Furnished Units: 0

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128460295
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825 27 Ormond Ct San Diego, CA 92109

  • Price: $2,000,000
  • Status: Pending
  • On Site: 19 Days
  • Updated: 75 min ago
  • ID#: SDC0000388SD
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1963
Built
Neighborhood:
Mission Beach
County:
San Diego
Area:
92109 - Pacific Beach
Property Description
We present this excellent opportunity to own a three unit Mission Beach investment property! This residential complex consists of two 1-bedroom / 1-bath units & one 2-bedroom / 1-bath unit. Bottom unit features a private enclosed patio and property does include THREE covered off-street parking spaces. Ideally located just a 'stone's throw' from Mission Bay and short walk Across Mission Blvd. to the Pacific Ocean. In the heart of Mission Beach with walking access to the many shops, cafes and pubs. This property currently generates steady occupancy and rent with great upside potential, as well as, the opportunity of multi-unit re-development possibility. Units are separately metered with gas and electric. Add this property to your portfolio today! Unit # for Unit 1: 825 Unit # for Unit 2: 825.5 Unit # for Unit 3: 827 Number of Furnished Units: 0
Exterior Features

Fencing Partial Parking Total 0

Interior Features

Cooling None Cooling YN No

Property Features

Association Fee 0 Cap Rate 1.35 Gross Scheduled Income 40000 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 27000 Senior Community YN No Tenant Pays ElectricityGas Zoning [R-4:MULTI



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Justin Hoech of Shore Management, Inc. (858-274-3500)