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1674 Newton Avenue
San Diego, CA 92113
Asking Price
$3.40M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Redevelopment Opportunity | 1674 Newton Ave <ul><li>MOTIVATED SELLER, ALL OFFERS WILL BE CONSIDERED (Family Trust Dissolution)</li><li>Coastal Overlay Zone: 2.5 FAR</li><li>Recently Updated RM-3-7 Zoning</li><li>Blocks Away from Downtown and Petco Park</li><li>Very Walkable Location (89 Walk Score)</li><li>Direct Major Freeway Access (1-5 Freeway)</li></ul>
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NOI
$80,000
Cap Rate
2.35%
DSCR
0.40
Underwater
Cash-on-Cash
-11.95%
Monthly Payment
$16,821.345
Annual Cash Flow
$-121,856.139
