Multifamily

3605-13 Wilshire Terrace

3605-13 Wilshire Terrace, San Diego, CA 92104

Listing Price: $2,600,000

Cap Rate
4.57%
Number of Units
4
GRM
18.52
Occupancy
97.00%
Price/Unit
$650,000
Price/Gross SF
$643.56
Gross SF
4,040

Investment Overview

3605-13 Wilshire Terrace is an opportunity to own a turnkey property in the heart of North Park. With all new 2019 renovations, this location will be an iconic one for years to come. The unit mix is comprised of four units plus one added, 950SF 2 Bedroom 1 Baths, one 1,000SF 2 Bedrooms 1 Bath, and one 200SF Studio Space.
Each unit offers tenants a washer and dryer. There are 4 garages and two private patio spaces. Tenants also have one assigned parking space behind each garage. Improvements consist of all new oors, appliances, kitchen appliances, countertops, and xtures. Bathrooms are also fully upgraded with high end nishes. Unit rents are fetching as high as $3,000 per month. The studio unit fetches $1,650 per month.

Investment Highlights

  • Ample parking with 4 garages
  • 1 spot outside the garage for 2 spots per unit.
  • Brand new 2019 renovations.

Exclusively Listed By

Listing Price: $2,600,000

Cap Rate
4.57%
Number of Units
4
GRM
18.52
Occupancy
97.00%
Price/Unit
$650,000
Price/Gross SF
$643.56
Gross SF
4,040

Investment Highlights

  • Ample parking with 4 garages
  • 1 spot outside the garage for 2 spots per unit.
  • Brand new 2019 renovations.

Investment Overview

3605-13 Wilshire Terrace is an opportunity to own a turnkey property in the heart of North Park. With all new 2019 renovations, this location will be an iconic one for years to come. The unit mix is comprised of four units plus one added, 950SF 2 Bedroom 1 Baths, one 1,000SF 2 Bedrooms 1 Bath, and one 200SF Studio Space.
Each unit offers tenants a washer and dryer. There are 4 garages and two private patio spaces. Tenants also have one assigned parking space behind each garage. Improvements consist of all new oors, appliances, kitchen appliances, countertops, and xtures. Bathrooms are also fully upgraded with high end nishes. Unit rents are fetching as high as $3,000 per month. The studio unit fetches $1,650 per month.

Exclusively Listed By

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