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3071-73 Hawthorn St

San Diego, CA 92104
  • $1,775,000
  • STATUS: ACTIVE
  • ON SITE: 22 Days
  • ID#: 220010300
UPDATED: 31 min ago
$1,775,000
  • 5
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,951
    SQFT
  • $910
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

Description

***4+1 Units*** *Updated Rents*- CBRE is pleased to present 3071-73 Hawthorn St a 4+1 unit cottage style property located in the heart of South Park near Grape, 30th, and Fern. All units possess private yards helping to drive rent potential. A current bootleg unit was established out of legal square footage of the rear house, but is not permitted with the city. This unit provides an investor the opportunity to increase asset value through the potential permitting of this bootleg unit as an ADU. The property offers significant increased return potential upon turnover and renovation of existing under market tenants. Please see attached OM for more details on this opportunity or contact the listing agent, Maxwell Brown, for more information

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.forsalesandiego.com/homes/128208513
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3071-73 Hawthorn St San Diego, CA 92104

  • Price: $1,775,000
  • Status: ACTIVE
  • On Site: 22 Days
  • Updated: 31 min ago
  • ID#: 220010300
5
Beds
4
Baths
0
½ Baths
N/A
Acres
1,951
SQFT
$910
$/SQFT
1937
Built
Neighborhood:
South Park
County:
San Diego
Area:
North Park (92104)
Property Description
***4+1 Units*** *Updated Rents*- CBRE is pleased to present 3071-73 Hawthorn St a 4+1 unit cottage style property located in the heart of South Park near Grape, 30th, and Fern. All units possess private yards helping to drive rent potential. A current bootleg unit was established out of legal square footage of the rear house, but is not permitted with the city. This unit provides an investor the opportunity to increase asset value through the potential permitting of this bootleg unit as an ADU. The property offers significant increased return potential upon turnover and renovation of existing under market tenants. Please see attached OM for more details on this opportunity or contact the listing agent, Maxwell Brown, for more information
Exterior Features

Exterior Wood Fencing Partial Roof Other/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 5

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 5 Units With Refrigerators 5 Units With Washers 0

Property Features

Actual Cap Rate 3.35 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 33362 Annual Expense Projected 34082 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0.0 Complex Park Na Cross Streets Hawthorn And Fern Gross Rent Multiplier Actual 19.11 Gross Rent Multiplier Project 14.0 Gross Scheduled Income Actual 79212 Gross Scheduled Income Project 126800 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Net Operating Income Projected 88914 Other Fees 0.0 Other Income Actual 13680 Projected Cap Rate 5.01 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventional Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 1775.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Rent Actual 1250.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Rent Actual 1425.0 Unit4 Deposit 0 Unit4 Occupied Tenant Unit4 Rent Actual 1600.0

San Diego MLS logo Listing provided courtesy of Cbre. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106