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Listing 46 out of 99
$12,400,000 For Sale

330 W I Street
Encinitas, CA 92024

21 units | Multi Family 5+ - MLS# 190016134
Property Photo
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Description

The Pacific Crest Apartments are situated in a Single family / multi-family residential neighborhood just west of Interstate 5 and Coast Highway 101. Walk two short blocks down to the commercial district where you can find over 30 restaurants & pubs, banks, live music, yoga studios and many other interesting neighborhood amenities. Temperatures rarely dip below 40 or go above 85 degrees, which makes it an ideal place to live, work and play. Please drive by discretely and do not disturb tenants. Showings available with acceptable offer.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92024
  • Units: 21 units
  • Actual Gross Schd Income: 807540
  • Actual Operating Expense: 245848
  • Cap Rate Actual: 4.3
  • Cap Rate Projected: 5.2
  • Listing Area: ENCINITAS (92024)
  • Proj Gross Multiplier: 13.5
  • Proj. Gross Sched. Income: 921300
  • Projected Net Income: 643123
  • SqFt of Improvement: 18500
Courtesy of Southwest Equity Partners

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