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215 Willie James Jones Ave
San Diego, CA 92102

$2,250,000 USD

Multifamily For Sale  •  5,500 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 5,500 SF
  • Lot Size 0.38 AC
  • Year Built 1960
  • Cap Rate 5.00 %
59 Transit Score
68 Walk Score

Highlights

Buildable lot: possibility to add 18 units now! Plans have been pre-approved by the city!
100% occupancy, really good cash flow with possibility to increase rents!
3 4-bedroom units and one 2 bedroom: rare multi-unit mix. Units have been remodeled completely in 2021

Financial Summary (Actual)

Net Operating Income: $98,400 USD (2024)
Cap Rate: 5.00 %
Total Expenses: $34,200 USD

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 10 min - 5.9 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 12 min - 8.9 mi
Transit/SubwayDriveWalkDistance
Euclid Avenue (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 2 min 12 min 0.7 mi
47Th Street (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
San Diego International 13 min - 8.3 mi
Amar Harrag 619-573-0289 Allied Green Realty Inc
Amar Harrag 619-573-0289 Allied Green Realty Inc