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4153 55 Utah Street

San Diego, CA 92104
  • $2,599,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: PTP2501089
Price Reduced
UPDATED: 68 min ago
$2,599,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2020
County:

School Ratings & Info

Listing Agent(s): Lionel Correia of LPT Realty, Inc. (877-366-2213)


Description

Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $13,065 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex with paid off solar. Utah St has plenty of onsite parking both in front and on alley as well as in unit washer and dryers. Its a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T21:40:41.013. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160480788
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4153 55 Utah Street San Diego, CA 92104

  • Price: $2,599,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 68 min ago
  • ID#: PTP2501089
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2020
Built
Neighborhood:
92104 - North Park
County:
San Diego
Area:
92104 - North Park
Property Description
Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $13,065 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex with paid off solar. Utah St has plenty of onsite parking both in front and on alley as well as in unit washer and dryers. Its a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property.
Exterior Features

Carport Spaces 3 Carport YN Yes Entry Level 2 Entry Location Front Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 5 Open Parking Spaces 2 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Spa YN No View YN No

Interior Features

Appliances DryerWasher Common Walls 2+ Common Walls Cooling YN No Fireplace YN No Heating YN No

Property Features

Association Fee 0 Association YN No Cap Rate 4.5 Community Features Gutter(s)ParkStorm Drain(s)Street Lights Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 156780 Gross Scheduled Income 156780 Insurance Expense 2358 Land Lease YN No Laundry Features Electric Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeFHAVA Loan Net Operating Income 124694 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 2 Operating Expense 32085 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 2100 Zoning R-3:RESTRICTED MULTIPLE



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T21:40:41.013. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Lionel Correia of LPT Realty, Inc. (877-366-2213)