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Listing 3 out of 46
$3,000,000 For Sale

3366 Roosevelt
Carlsbad, CA 92008

10 units | Multi Family 5+ - MLS# 190019001
Property Photo
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Description

10 residential units within walking distance to the village of Carlsbad. Upgraded property with vinyl double paned windows. artificial turf, and upgraded bathrooms. Ample on-site parking. Current rents are low. Excellent cash flow at market rental rates. Community park within one block and coastal rail trail nearby. Convenient access to the beach. Please drive by discreetly without disturbing the tenants. Property can be shown with an acceptable offer.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92008
  • Age: 1962
  • Units: 10 units
  • # of Baths (1): 1
  • # of Baths (2): 1
  • # of Bedrooms (1): 1
  • # of Bedrooms (2): 1
  • # of Buildings: 1
  • # of Stories: 2
  • # of Units (1): 8
  • # of Units (2): 2
  • Actual Gross Oper Income: 170110
  • Actual Gross Schd Income: 176280
  • Actual Operating Expense: 65226
  • Cap Rate Projected: 4.4
  • Gross Equity: 1700000
  • Listing Area: CARLSBAD (92008)
  • Lot SqFt: 9145
  • Monthly Rent Total: 14590
  • Proj Gardener Expense: 1280
  • Proj Gross Multiplier: 15.1
  • Proj Gross Operating Inc: 198018
  • Proj Maintenance Expense: 10000
  • Proj Operating Expense: 65226
  • Proj Prop Management Exp: 10144
  • Proj Vacancy & Credit Los: 7182
  • Proj Wtr/Sewer Expense: 3400
  • Proj. Gross Sched. Income: 205200
  • Projected F&L Ins Expense: 3000
  • Projected Gas & Electric: 1553
  • Projected Net Income: 132792
  • Projected Other Expense: 250
  • Projected Taxes Expense: 32273
  • Projected Total Expense: 65226
  • Projected Trash Expense: 3139
  • SqFt of Improvement: 5000
  • Unit Furnished (1): u
  • Unit Furnished (2): u
  • Unit Rent (1): 1450
  • Unit Rent (2): 1495
  • Unit Rent Total (1): 11600
  • Unit Rent Total (2): 2990
Courtesy of Ray Adams Investment RE Inc

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CA DRE#01248182 | 760-436-6484 | Contact Us
2100 Costa Del Mar - Carlsbad, CA 92009
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