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3845-51 Menlo Ave

4 Unit Block of Flats £789,000 (£197,250/Unit) 4.20% Net Initial Yield San Diego, CA 92105

Executive Summary

3845-51 Menlo Avenue is a 4-unit property with 2,042 rentable square feet built in 1926 on a 6,494 square foot lot. The unit mix consists of one 2 Bedroom / 1 Bathroom and three 1 Bedroom / 1 Bathroom units. There are two single car garages in the rear of the property. DO NOT DISTURB TENANTS OR WALK ON PROPERTY.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £789,000
Price Per Unit £197,250
Sale Type Investment
Net Initial Yield 4.20%
Gross Rent Multiplier 14.3
No. Units 4
Property Type Residential
Property Subtype Apartment
Building Class C
Lot Size 0.15 AC
Building Size 2,042 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1926
Parking Ratio 0.98/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 1 £1,131 -
1+1 3 £1,191 -
Walk Score ®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
471-591-34
Land Assessment
£71,324 (2024)
Improvements Assessment
£95,104 (2024)
Total Assessment
£166,428 (2024)

zoning

Zoning Code RM-1-1
RM-1-1
  • Listing ID: 32600172

  • Date on Market: 26/07/2024

  • Last Updated:

  • Address: 3845-51 Menlo Ave, San Diego, CA 92105

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