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4417 Mentone St
San Diego, CA 92107

$2,300,000 USD

Apartments For Sale  •  3,544 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,544 SF
  • Year Built 1958
  • Cap Rate 5.69 %
38 Transit Score
58 Walk Score

Highlights

2 Parcels so potential to use Residential Financing (30 YR fixed with up to 80% leverage)
All 2 BR units, 2 Units Updated within the past 5 years.
Long Term Ownership
Prime Ocean Beach/San Diego location in quiet Temecula Heights
5.69% Cap with Stabilized Rents

Financial Summary (Proforma)

Net Operating Income: $130,935 USD (2024)
Cap Rate: 5.69 %
Total Expenses: $41,337 USD

Public Transportation

Commuter RailDriveWalkDistance
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 6 min - 2.7 mi
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 9 min - 5.2 mi
AirportDriveWalkDistance
San Diego International 9 min - 4.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Thomas McCartin 858-373-3196 The McCartin Group
Thomas McCartin 858-373-3196 The McCartin Group