$855,000
$865,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
4008 Georgia Street San Diego, CA 92103
6,995 Sqft Lot
Key Details
Sold Price $855,000
Property Type Commercial
Sub Type MixedUse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 120051878
Sold Date 04/22/13
HOA Y/N No
Lot Size 6,995 Sqft
Property Sub-Type MixedUse
Property Description
Back on Market! Seller wants all offers - Will show with acceptable offer. Lowest Priced 5 Unit property for sale in entire 92103 Zip Code! 100% Occupied-Excellent location. 5.8 actual CAP Rate-Leverage Opportunity available if desired. Assum $703k First Trust Loan. Seller states current loan is full 30 year loan. First 5 years are at 4.625% fixed with about 3.5 years remaining. The balance is then adjustable/indexed at 2.25 above Libor Rate.(See Attachments for additional Loan Assumption Data information and Income & Expense Operating History.) Located near shopping areas and near freeway access, this property will continue to benefit from the continuous improvements in the Hillcrest area. The property has a nice barbecue and outside eating area plus coin operated laundry room on site. Quality Craftsman unit in front with attached two units and two units plus a garage in the rear. The front property is master metered for gas/elect & wtr. The owners have made several improvements over the last several years,
Location
State CA
County San Diego
Area 92103 - Mission Hills
Interior
Cooling WallWindowUnits
Fireplace No
Exterior
Total Parking Spaces 3
Others
Tax ID 4455511400
Financing CashtoNewLoan
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Bought with Anelia Genchev • Century 21 Award