3860 64 Wilson Ave, North Park, CA 92104
- $1,295,000
- List Price
- $1,295,000
- Status
- ACTIVE
- MLS#
- 260022532SD
- Year Built
- 1955
- Days on Market
- 2
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- North Park
Property Description
3860–64 Wilson Ave is a well-positioned three-unit multifamily property located in San Diego’s desirable 92104 submarket near North Park. Built in 1955, the property offers approximately 1,856 rentable square feet on an oversized 7,224 square foot lot and features an attractive unit mix consisting of one 1Br/1Ba, one 2Br/1Ba, and one 2Br/2Ba unit. Each unit offers in-unit washer & dryer and private yards. Offered at $1,295,000 ($431,667 per unit; $697.74 per SF), the asset provides investors with immediate in-place income, generating approximately $61,684 of NOI and a 4.76% going-in cap rate, with additional upside to approximately $65,234 of NOI and a 5.04% cap rate at estimated market rents.
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Additional Information
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $92,160
Listing courtesy of Listing Agent: Adrian Gonzalez-Pureco (gonzalez@bridgepointmultifamily.com) from Listing Office: Bridgepoint Realty Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.