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1716 Glenwood Dr
San Diego, CA 92103
Asking Price
$1.40M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 2 Units <ul><li><strong>Prime San Diego Location</strong> with strong rental demand and walkable amenities</li><li><strong>Desirable Unit Mix:</strong> 2 bed/2 bath + 1 bed/1 bath</li><li><strong>Stable Income</strong> with $72,696 current annual rent</li><li><strong>Month-to-Month Leases</strong> allow flexibility to increase rents or reposition</li><li><strong>Development Potential</strong> (RM 2-5, Complete Communities – 6.5 FAR)</li><li><strong>Attractive Features:</strong> Minisplits, laundry
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NOI
$80,000
Cap Rate
5.73%
DSCR
0.97
Underwater
Cash-on-Cash
-0.67%
Monthly Payment
$6,901.699
Annual Cash Flow
$-2,820.386
