824-826 Sapphire, Pacific Beach/Mission Beach, CA 92109

$2,395,000
7
BD
5
BA
84,388
SqFt
List Price
$2,395,000
Days on Market
37
Status
ACTIVE
MLS#
200003500
Bedrooms
7
Bathrooms
5
Living Sq. Ft
84,388
Lot Size(Range)
4,000-7,499 SF
City
Pacific Beach/Mission Beach
Neighborhood
North Pb
Complex/Building Name
North Pb
Property Type
Multifamily
Year Built
1965

Property Description

This La Jolla adjacent North Pacific Beach 4 plex is only 2 blocks from Tourmaline Beach. Guests and tenants will enjoy the walkability of this location. Gelsons market is only one block away along with several local restaurants and shops. Building configuration is a very traditional "house in the front with units and garages in the back." Front house is a 2 bed/1.5 bath and has been operating as a vacation rental for years. Apartment mix is (1) 2 bed/1.5 bath, (1) 2 bed/1 bath and (1) 1 bed/1 bath.

Additional Information

Building Name
North Pb
Cooling
N/K
Gross Rent Multiplier Actual
19
Gross Rent Multiplier Project
17
Gross Scheduled Income Actual
125148
Living Area
84,388
Lot Size Range
4,000-7,499 SF
Neighborhood
North Pb
Roof
Composition
Stories
2 Story
Style
Res Income 2-4 Units
Tenant Pays
Other/Remarks
Year Built
1965

Room Dimensions

Supplement
(4) 1-car garages are on the alley. Front house has been vacation rental for several years. Gross rent for house is actual collected rent for 2019. 2/1.5 Apartment unit is currently being renovated. Furniture and management team for vacation rental can stay in place for seamless transition to new owner. *property may have some non-conforming features such as closet converted to half bath, etc*

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RBK Commercial

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