109-113 Alverson Rd., San Ysidro, CA 92173 - 210027948 - iPro Real Estate
iPro Real Estate

iPro Real Estate

109-113 Alverson Rd.
San Ysidro, CA 92173

Active, Multi-Family/Income Sale

For Sale

$2,550,000

Free Professional CMA

Listing ID : 210027948

  • Beds

    7

Description

We are pleased to offer for sale a one-of-a-kind, unique investment opportunity located at 109-113 Alverson Road in San Ysidro, CA. The subject property is extremely dynamic and consists of 8-2br/1ba apartments, 2-1br/1ba apartments, 2-studio apartments, an oversized 4br/2.5ba house, large storage areas, and a gigantic workshop space. Of the 13 rentable units, 5 are non-conforming. There is ample off-street parking and significant rental upside as all tenants are on month-to-month leases. The property has had many recent capital improvements, which include but are not limited to, newer windows, new decking/walkways, upgraded interiors, solar panels, etc. Owners live on-site and occupy the 4br/2.5ba home (over 3000sqft) as well as the workshop who will be leasing back the space for a 6 month period, rent free, after the close of escrow. Seller's are excited about the sale and motivated to get a deal done. CALL LISTING AGENT FOR ADDITIONAL INFORMATION AND/OR ANY QUESTIONS RELATED TO SALE.

Details

Type: Multi-Family/Income Sale 
MLS Area: South Bay 
County: San Diego 
Tax ID: 6380912200
Cap Rate: 5% 
Gross Income Multiplier: 12.9 
Days on Market: 269 
Heating: Other/Remarks 
Number of Units: 13 
Property Type: Residential Income Additional 
Roof: Other 
Sub Type: Com-Res Income 

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Interactive

32.556229 -117.052185 $2,550,000 210027948
109-113 Alverson Rd., San Ysidro, CA 92173
Directions to here from:

Area Information 92173

Population:

30,972 Up .08% since 2010
Average Income:
$66,291
Average Age:
31Years
Gender:
47.23%Male
52.77%Female
Households:
8,01255.49% with children
Average Value:
$532,640
Occupancy:
34.67%Owned
65.33%Rented
3.15%Vacant
Education:
22.13%High School
8.6%Associate
9.09%Bachelor
2.57%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
10.85Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Apr 01, 2022
Transaction
Expired - Residential Income Additional210027948
Price
$2,550,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Josh Browar with The Browar Group