428-38 Rosemont St, La Jolla, CA 92037
428-38 Rosemont St, La Jolla, CA 92037
428-38 Rosemont St, La Jolla, CA 92037
428-38 Rosemont St, La Jolla, CA 92037
428-38 Rosemont St, La Jolla, CA 92037
428-38 Rosemont St, La Jolla, CA 92037
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Craig Hulbert

Craig Hulbert

+1(858) 752-3447
$ 5,250,000
Est. payment | /mo

4,330 Beds

8 Baths

9,227 Sqft Lot

Save Virtual Tour
$ 5,250,000
Est. payment | /mo
Save Virtual Tour

4,330 Beds

8 Baths

9,227 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260008602

Bedrooms 4330

Full Baths 3464

Lot Size 9,227 Sqft

Lot Dimensions 100x94

Property Sub-Type Com-Res Income

Property Description

*** Value Add Upside Potential***Renovate Ready**Rent Reposition***Ay Carumba Stabilized Coastal Multifamily Asset Market Value $6,900,000***Mediterranean Coastal Affluent Community Highly Walkable Coastal Lifestyle With Proximity To Coastal Amenities & Employment Centers*** Year Round Mild Temperatures Ranging Mid-50s to Mid-70s***92037***La Jolla Driven By Education*Healthcare*Biotechnology*Research*Tourism*Professional Services*Provide A Strong Economic Base Which Support Upscale Single Family Homes*Luxury Condominiums*Apartment Buildings* A Local Commercial Corridor Offering Convenient Access To Retail, Dining, And Personal Services Within Walking Distance Sustaining Long Term Rental Desirability & Investment Stability***0.2 Miles To Neptune/ WINDNSEA Beach *Coastal Bluff With Pacific Ocean Views ***6 Units***Total 4,571Sq Ft Of Living Area***(4/6 renovation ready and vacant)***Two 2BR/2BA approx 900 Sq ft***Two 2BR/1BA approx 800 sq ft***Two 1BR/1BA approx 600 SqFt***On A Flat Level 9,227 (95 x100) Sq Ft Prominent Usable Corner Lot Providing Dual Street Frontage (Rosemont & Electric) With Alley Access Providing Enhanced Accessibility & 4 One Car Garages (10x24)***$29,800 Long Term Monthly Market Rent/ $357,600 YR***3.25% Cap Rate***GRM 19.3***Holy Schmoly Short Term/AIRBNB Monthly Rent $50,000/$600,000 YR*** Ability to Generate Additional $127K+ per Year Converting Four (10x24) 240 Sq Ft Garages into Studios Renting For $2,650 Mth*** Going Going Gon_!

Location

State CA

County San Diego

Area Coastal South

Zoning RM-1-1

Interior

Heating Wall

Flooring Other/Remarks

Fireplace No

Laundry Owned

Exterior

Parking Features Garages

View Y/N No

Roof Type Composition

Total Parking Spaces 4

Building

Dwelling Type Other/Remarks

Story 2

Others

Senior Community No

Tax ID 351-471-21-00

Acceptable Financing Cash, Exchange Up, Other/Remarks

Listing Terms Cash, Exchange Up, Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/260008602

MLS Router / San Diego MLS
Listed by Robert Antoniadis, DRE#01727428 Robert Realty 

Nearby Locations

Craig Hulbert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 752-3447

craig.hulbert@exprealty.com

5530 La Jolla Blvd, La Jolla, CA, 92037, USA

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428-38 Rosemont St