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6781-6785 Mohawk Street

San Diego, CA 92115
  • $1,250,000
  • STATUS: ACTIVE
  • ON SITE: 13 Days
  • ID#: 220011139
UPDATED: 25 min ago
$1,250,000
  • 6
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,617
    SQFT
  • $478
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Description

Amazing opportunity for owner occupant or investor. First unit is a 3 bedroom, 2 bath. Second unit is 2 bedroom, 1 bath. The third unit is a permitted ADU that was recently done. 1 bedroom, 1 bath. Responsible tenants in 3-2 and 2-1 on Month-to- Month Agreements with rents VERY below market rents. Plenty of street parking available. Prime location with close proximity to SDSU, trolley, grocery stores, restaurants, shopping and so much more. Current rental numbers ONLY include front duplex. Rents are WELL below market rents. Cap rate should be in the 5-6% range once rents are raised to current market.

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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/128505940
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6781-6785 Mohawk Street San Diego, CA 92115

  • Price: $1,250,000
  • Status: ACTIVE
  • On Site: 13 Days
  • Updated: 25 min ago
  • ID#: 220011139
6
Beds
4
Baths
0
½ Baths
N/A
Acres
2,617
SQFT
$478
$/SQFT
1956
Built
Neighborhood:
La Mesa Colony
County:
San Diego
Area:
San Diego (92115)
Property Description
Amazing opportunity for owner occupant or investor. First unit is a 3 bedroom, 2 bath. Second unit is 2 bedroom, 1 bath. The third unit is a permitted ADU that was recently done. 1 bedroom, 1 bath. Responsible tenants in 3-2 and 2-1 on Month-to- Month Agreements with rents VERY below market rents. Plenty of street parking available. Prime location with close proximity to SDSU, trolley, grocery stores, restaurants, shopping and so much more. Current rental numbers ONLY include front duplex. Rents are WELL below market rents. Cap rate should be in the 5-6% range once rents are raised to current market.
Exterior Features

Boat Facilities No/Unknown Exterior Stucco Fencing N/K Parking For RV GatedPotential Space Roof Composition Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard No Units With Garages 0 Units With Patios 3

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Wall/Gravity Heat Source Electric Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 1 Units With Dishwashers 3 Units With Dryers 1 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 1 Units With Washers 1 Water Heater Type Gas

Property Features

Actual Cap Rate 3.0 Age Restrictions N/K Annual Expense Actual 2000 Annual Expense Projected 2000 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community San Diego Complex Park College Area Cross Streets 68th Gross Rent Multiplier Actual 32.0 Gross Rent Multiplier Project 18.0 Gross Scheduled Income Actual 38400 Gross Scheduled Income Project 69600 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Net Operating Income Projected 6600 Other Fees 0.0 Other Income Actual 0 Pets Yes Possession Call Listing Agent Projected Cap Rate 5.5 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventionalFhaVa Unit Number For Unit1 6781 Unit Number For Unit2 6783 Unit Number For Unit3 6785 Unit1 Deposit 1400 Unit1 Occupied Tenant Unit1 Projected Rent 1800.0 Unit1 Rent Actual 1400.0 Unit2 Deposit 1800 Unit2 Occupied Tenant Unit2 Projected Rent 2400.0 Unit2 Rent Actual 1800.0 Unit3 Deposit 0 Unit3 Occupied Vacant Unit3 Projected Rent 1800 Unit3 Rent Actual 0.0 Water Meter On Property Zoning R-2

San Diego MLS logo Listing provided courtesy of Exp Realty. 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