San Diego, CA

4286 Morrell Street | San Diego, CA

Purchase Price: $975,000

MUTIFAMILY PROPERTY FOR SALE

Crown Point 6 Unit Apartment Property Purchase Price: $975,000 Price Per Unit: $162,500 Pro Forma Cap Rate: 4.7% Seller Financing Available Must Close by End of Year • Seller Financing Terms: Must Close by End of Year, 10.25% Miniumum Down Payment, 5 Years at 3.95% Interest Only, Additional 5 Year Option • 98.5% Historical Occupancy, Immediate Upside Potential • Building Size: 1,552 SF

Katie Herrick

619-497-2255

www.naisandiego.com

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Real Estate Videos

Synergy Real Estate Group's John Galaxidas on commercial real estate in SD

June 18, 2013 -- George Chamberlin speaks with John Galaxidas, managing principal of Synergy Real Estate Group, about some of the positive signs he's seeing in the various markets of commercial real estate.

Wells Fargo's Steven Bernstein on the economy

June 17, 2013 -- George Chamberlin speaks with Steven Bernstein, senior vice president of the greater San Diego area for Wells Fargo Bank, about how the economy has improved and lending has picked up.

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Commercial Leases Database

State of California-Depat of Housing and Community Development themselves RSD Hilton Head, LLC Dan McCarthy, Kyle Clark and Kipp Gstettenbauer of Cushman & Wakefield Office 1,903 square feet El Cajon CA 92019 1530 Hilton head Road 96 month $496,100 6/18/2013
YMCA of San Diego County Tim Kerrigan of CBRE Aspen Gold, LP Matt Davis, Kipp Gstettenbauer and Kyle Clark of Cushman & Wakefield Retail 4,384 square feet El Cajon CA 92019 Cottonwood Plaza 2471 Jamacha Road 60 month $279,500 6/18/2013
Reiyukai America, Inc. Danny Pham of F3 Realty Group Sweetwater Plaza East, LLC Kyle Clark and Kipp Gstettenbauer of Cushman & Wakefield Retail 694 square feet National City CA 91950 1727 Sweetwater Road 12 month $9,993 6/18/2013
Last Updated 6/18/2013

Real Estate News

SD records inventory improvement between January and June

The number of house for-sale listings in San Diego was down more than 25 percent in June from June 2012, according to Zillow.

SDCAA, coalition help remove court fee from state budget

A proposal to require California municipal courts to charge a $10 per case, per court fee to access criminal and civil records was removed from the 2013-14 state budget.

Foreclosures jump in May as banks bet on rising home prices

NEW YORK — Home repossessions in the United States jumped 11 percent in May, after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures.

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