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Multifamily

2216-20 Dunlop St.

2220 Dunlop St, San Diego, CA 92111

Listing Price: $3,200,000

Cap Rate
3.41%
Number of Units
10
Occupancy
97.0%
Price/Unit
$320,000
Price/Gross SF
$790.51
Gross SF
4,048

Investment Overview

Marcus & Millichap is pleased to present 2216-20 Dunlop St in the neighborhood of Linda Vista within San Diego. These Two Properties rest on contiguous lots totaling 9,509 square feet with 4,048 rentable square feet. 2216-18 Dunlop is comprised of two 1 Bed / 1 Bath units and 2220 Dunlop is comprised of eight 1 Bed / 1 Bath units. This property offers investors the unique opportunity to acquire a nearly fully renovated property with 8 renovated units and rental upside. Amenities for units include fenced yards and eleven off-street parking spaces. This asset is centrally located only 1.5 miles to Fashion Valley, 1.6 miles to USD, & 1.2 miles to Tecolote Canyon Trails. Delivery of 2216-20 Dunlop St. is contingent on the simultaneous close of 2931 Mission Blvd San Diego, CA 92109. Offers Due November 25th, 2022

Investment Highlights

  • Opportunity to Own a Contiguous Duplex and 8-Unit Complex
  • The Majority of Renovated Units (8 of 10) with Rental Upside
  • Unit Mix of all 1 Bed / 1 Bath Units
  • Recent Upgrades Include New Plumbing, New Electrical Panels and Wiring, New Sewer Lines, Upgraded Drainage, and Dual Pane Windows
  • Newer Water Heaters were Installed 3-5 Years Ago for Both Properties (1x 100 Gallon & 2x 30 Gallon Tanks)
  • Eleven Off-Street Parking Spaces and Large Fenced Yards

Exclusively Listed By

Financing By

Multifamily

2216-20 Dunlop St.

Listing Price: $3,200,000

Cap Rate
3.41%
Number of Units
10
Occupancy
97.0%
Price/Unit
$320,000
Price/Gross SF
$790.51
Gross SF
4,048

Investment Highlights

  • Opportunity to Own a Contiguous Duplex and 8-Unit Complex
  • The Majority of Renovated Units (8 of 10) with Rental Upside
  • Unit Mix of all 1 Bed / 1 Bath Units
  • Recent Upgrades Include New Plumbing, New Electrical Panels and Wiring, New Sewer Lines, Upgraded Drainage, and Dual Pane Windows
  • Newer Water Heaters were Installed 3-5 Years Ago for Both Properties (1x 100 Gallon & 2x 30 Gallon Tanks)
  • Eleven Off-Street Parking Spaces and Large Fenced Yards

Investment Overview

Marcus & Millichap is pleased to present 2216-20 Dunlop St in the neighborhood of Linda Vista within San Diego. These Two Properties rest on contiguous lots totaling 9,509 square feet with 4,048 rentable square feet. 2216-18 Dunlop is comprised of two 1 Bed / 1 Bath units and 2220 Dunlop is comprised of eight 1 Bed / 1 Bath units. This property offers investors the unique opportunity to acquire a nearly fully renovated property with 8 renovated units and rental upside. Amenities for units include fenced yards and eleven off-street parking spaces. This asset is centrally located only 1.5 miles to Fashion Valley, 1.6 miles to USD, & 1.2 miles to Tecolote Canyon Trails. Delivery of 2216-20 Dunlop St. is contingent on the simultaneous close of 2931 Mission Blvd San Diego, CA 92109. Offers Due November 25th, 2022

Exclusively Listed By

Financing By

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