Presented by Terry Moore

4402 Dawes St - Pacific Beach, CA 92109

4402 Dawes St - Pacific Beach, CA 92109

0 beds, 0 baths, Business


Asking: $1,565,000
Prop Id: 100034304
Area: NULL
Bedrooms: 0
Bathrooms: 0
Half Baths: 0
Est. Square Feet: Please Call
Lot Size: 6,250
Year Built: Please Call

Reduced ~ again! Five blocks to a great beach ... even closer to Mission Bay ... all two bedrooms ... shade trees ... huge demand ... what could be better? Previously these two bedrooms rented for $1525. The 'Great Recession' temporarily dropped rents. Last two turnovers have been for higher rents than previous tenant. Some owners do not use a management firm for assets this size, thus saving that expense. Unit mix and location make this property far superior to other opportunities. With a new loan the principle reduction may be near $15K a year. Occupancy and income have been steady this year.

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