1424 -1430 1/2 Hornblend St. Property consists of four 2 br/1 ba and four 1br/1ba apartments. 9 assigned parking spaces. Wonderful opportunity to own 8 very nice units that have not been on the market in 58 years!! Located in highly desirable central Pacific Beach. Only a few blocks to the beach, boardwalk, Crystal Pier, Mission Bay, shops, and restaurants.

Construction Stucco Exterior Fully LandscapedWood Fence Lot Dimensions Approx 50X125 Parking Spaces Parking Spaces Total 9 Roof Composition

Floor Coverings VinylWall To Wall Carpet Heating Wall Laundry Owned Sq Ft Of Improvement 5836 Stories 2 Story Units With Ranges 8 Units With Refrigerators 8

1st Loan Balance 0 Actual Fl Ins Expense 6500 Actual Gardener Expense 0 Actual Gas And Electric 0 Actual Gross Scheduled Income 128700.0 Actual License Expense 300 Actual Maintenance Expense 0 Actual Mgr Expense 0 Actual Operating Expense 10000 Actual Pest Control Expense 500 Actual Prop Management 0 Actual Supplies Expense 1000 Actual Taxes Expense 2841 Actual Total Expense 15341 Actual Trash Expense 0 Actual Water Sewer Expense 4200 Assumable Finance 0 Buildings 1 Existing Financing Clear Financial Information Source Owner Gross Equity 3650000 Gross Multiplier 26 Have Apartments Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 10550 Motive Want Sale Other Income Actual 1200 Other Income Amount 100 Other Income Source Laundry Present Loan Na Projected Fl Ins Expense 6500 Projected Gardener Expense 600 Projected Gas And Electric 1500 Projected Gross Operating Inc 181100 Projected Gross Scheduled Inc 186000 Projected License Expense 300 Projected Maintenance Expense 9300 Projected Manager Expense 0 Projected Net Income 96900 Projected Operating Expense 84200 Projected Other Expense 1000 Projected Other Income 1200 Projected Pest Expense 500 Projected Property Mgmt Expense 9300 Projected Supplies Expense 1000 Projected Taxes Expense 50000 Projected Total Expense 84200 Projected Trash Expense 0 Projected Vacancy And Credit Loss 3700 Projected Water And Sewer Expense 4200 Short Sale No Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Terms CashCash To New Loan Unit Number1 1 Unit Number2 2 Unit Number3 3 Unit Number4 4 Unit Number5 5 Unit Number6 6 Unit Number7 7 Unit Number8 8 Unit Rent Total1 1900 Unit Rent Total2 1900 Unit Rent Total3 1250 Unit Rent Total4 1500 Unit Rent Total5 1600 Unit Rent Total6 1150 Unit Rent Total7 1 Unit Rent Total8 1250 Unit Rent1 1900 Unit Rent2 1900 Unit Rent3 1250 Unit Rent4 1500 Unit Rent5 1600 Unit Rent6 1150 Unit Rent7 1 Unit Rent8 1250 Unit Type Apartment Zoning Rm-2-5

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1424-1430 Hornblend St

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1424-1430 Hornblend St San Diego, CA 92109

Property Description

Construction	Stucco
Exterior	Fully Landscaped Wood Fence
Lot Dimensions Approx	50X125
Parking	Spaces
Parking Spaces Total	9
Roof	Composition

Floor Coverings	Vinyl Wall To Wall Carpet
Heating	Wall
Laundry	Owned
Sq Ft Of Improvement	5836
Stories	2 Story
Units With Ranges	8
Units With Refrigerators	8

1st Loan Balance	0
Actual Fl Ins Expense	6500
Actual Gardener Expense	0
Actual Gas And Electric	0
Actual Gross Scheduled Income	128700.0
Actual License Expense	300
Actual Maintenance Expense	0
Actual Mgr Expense	0
Actual Operating Expense	10000
Actual Pest Control Expense	500
Actual Prop Management	0
Actual Supplies Expense	1000
Actual Taxes Expense	2841
Actual Total Expense	15341
Actual Trash Expense	0
Actual Water Sewer Expense	4200
Assumable Finance	0
Buildings	1
Existing Financing	Clear
Financial Information Source	Owner
Gross Equity	3650000
Gross Multiplier	26
Have	Apartments
Mandatory Remarks	None Known
Market Area	Coastal South
Monthly Rent Total	10550
Motive Want	Sale
Other Income Actual	1200
Other Income Amount	100
Other Income Source	Laundry
Present Loan	Na
Projected Fl Ins Expense	6500
Projected Gardener Expense	600
Projected Gas And Electric	1500
Projected Gross Operating Inc	181100
Projected Gross Scheduled Inc	186000
Projected License Expense	300
Projected Maintenance Expense	9300
Projected Manager Expense	0
Projected Net Income	96900
Projected Operating Expense	84200
Projected Other Expense	1000
Projected Other Income	1200
Projected Pest Expense	500
Projected Property Mgmt Expense	9300
Projected Supplies Expense	1000
Projected Taxes Expense	50000
Projected Total Expense	84200
Projected Trash Expense	0
Projected Vacancy And Credit Loss	3700
Projected Water And Sewer Expense	4200
Short Sale	No
Sq Ft Source	Tax Record
Tenant Pays Electric	Y
Tenant Pays Gas	Y
Tenant Pays Water	N
Terms	Cash Cash To New Loan
Unit Number1	1
Unit Number2	2
Unit Number3	3
Unit Number4	4
Unit Number5	5
Unit Number6	6
Unit Number7	7
Unit Number8	8
Unit Rent Total1	1900
Unit Rent Total2	1900
Unit Rent Total3	1250
Unit Rent Total4	1500
Unit Rent Total5	1600
Unit Rent Total6	1150
Unit Rent Total7	1
Unit Rent Total8	1250
Unit Rent1	1900
Unit Rent2	1900
Unit Rent3	1250
Unit Rent4	1500
Unit Rent5	1600
Unit Rent6	1150
Unit Rent7	1
Unit Rent8	1250
Unit Type	Apartment
Zoning	Rm-2-5