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909-911 Chalcedony Street
San Diego, CA 92109
Asking Price
$1.95M
Cap Rate
3.15%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 3 Units | $650,000/unit <ul><li>3-unit multifamily opportunity located in the irreplaceable, coastal location of North Pacific Beach in San Diego.</li><li>Value-add opportunity allowing an investor to implement renovations and increase rents.</li><li>Potential to convert existing garage to Accessory Dwelling Unit (buyer to do their investigations and confirm).</li><li>Potential to add common area amenities such as patio seating, BBQ and firepit in central courtyard area.</li><li>Strong demographic influence. The a
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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433
