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2224-2226 W Jewett Street
San Diego, CA 92111
Asking Price
$1.80M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
SDA, TPA, QCT <ul><li>±10,688 SF infill redevelopment opportunity</li><li>Complete Communities Housing Solutions (CCHS) Tier 4, allowing up to a 4.0 FAR</li><li>Transit Priority Area (TPA) and Sustainable Development Area (SDA) overlays that support increased residential density and reduced parking requirements</li><li>Currently improved with two income-producing 1 BD / 1 BA units generating approximately $3,937per month in gross income</li><li>Located in one of San Diego's most central infill neighborho
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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015
