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3rd,1822,92101
1822 3rd Ave,San Diego , CA 92101
Brian Nelson, Broker
01409860619-226-6011 x 102nelson@scc1031.com
7 Units in Bankers Hill
q
Very Clean Units
q
One Parking Space for EveryTenant
q
Low Operating Cost
q
Sale Subject to Seller Findingan Exchange Property
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3405 Kenyon St #411San Diego, CA 92110www.scc1031.com858-779-1000 (p)866-861-7803 (f)
Real Estate Investment Details
A
NALYSIS
Analysis Date:April 2010
P
ROPERTY
Property:
3rd,1822,92101
Property Address:
1822 3rd AveSan Diego , CA 92101
F
INANCIAL
I
NFORMATION
Down Payment:
$395,600
Passive Loss Rules:
No
Closing Costs:
$0
Discount Rate:
8.00%
P
URCHASE
I
NFORMATION
Property Type:
Multi-Family
Purchase Price:
$920,000
Fair Market Value:
$920,000
Units:
7
Total Rentable Sq. Ft.:
0
Resale Valuation
0% (annual appreciation)
Resale Expenses:
6.0%
L
OANS
DebtTermRatePaymentLO CostsFixed$524,40030 yrs6.0%$3,144
I
NCOME&
E
XPENSES
Gross Operating Income:
$73,575
Monthly GOI:
$6,131
Total Annual Expenses:
($24,655)
Monthly Expenses:
($2,055)
C
ONTACT
I
NFORMATION
Brian Nelson, Broker01409860619-226-6011 x 102nelson@scc1031.com
DISCLAIMER: All information is believed to be accurate.
The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projectionsand analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax orother professional advice, consultation or service. The user of this software should consult with a professional in the respective legal, accounting,tax or other professional area before making any decisions.
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Property Description
3rd,1822,921011822 3rd AveSan Diego , CA 92101Brian Nelson, Broker619-226-6011 x 102
Parkside Plaza
Parkside Plaze is located in a great area ofBankers Hill. The two story complex consists of6 one bedroom units, and 1 one bedroom 1 bathunit with a private patio. The complex offers itsresidence a pristine patio providing views ofDowntown San Diego, a coin operated laundryfacility, and 1 on-site parking space per unit.The current owner has up graded every unit withpergo hard wood flooring, formica kitchencounter tops, and clean appliances. The closeproximity to Downtown....
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