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Dan Dennison, MBA

Big Block Realty
San Diego, CA
Real Estate Agent
858-255-0052
Contact Me
CalBRE# 01906674

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Listing 21 out of 1,319
$3,975,000 For Sale

1411 Tyler Ave.
San Diego, CA 92103

12 units | Multi Family 5+
10890 sq ft - MLS# 190002342
Property Photo
1/23

Description

LOCATION, LOCATION, LOCATION!!! University Heights on the border of Hillcrest, North of Washington St. The Vermont Street bridge is just around the corner. Great walkability and convenience with most major services within one mile. Built in 1952, this 8252sft. apartment building consists of 12 units. The unit mix is eight 1bdrm/1ba and four 2bdrm/1ba apartments. The one bedroom units come in two different floorplans. Features of the U shaped building include: charming central courtyard, spacious windows, each unit has four closets and hardwood floors, vintage style kitchens, baths, and cabinetry. Good airflow in the units with front and back doors. Patios or decks provide private outdoor spaces. Plenty of open space behind the building, off the alley. On-site laundry facilities. Great tenant stability with room for significant rental upside.

Features

  • County/Area: San Diego County
  • Age: 1952
  • # of Baths (1): 8
  • # of Baths (2): 4
  • # of Bedrooms (1): 8
  • # of Bedrooms (2): 8
  • # of Buildings: 1
  • # of Stories: 2
  • # of Units (1): 8
  • # of Units (2): 4
  • # of Units w/Drapes: 12
  • # of Units w/Ranges: 12
  • # of Units w/Refrigerator: 12
  • Actual Gardener Expense: 1500
  • Actual Gas & Electric: 1200
  • Actual Gross Schd Income: 230400
  • Actual Ins. F&L Expense: 3804
  • Actual Maintenance Exp.: 12000
  • Actual Operating Expense: 79000
  • Actual Other Income: 2400
  • Actual Pest Control Exp.: 1000
  • Actual Taxes Expense: 40361
  • Actual Trash Expense: 2100
  • Actual Wtr/Sewer Expense: 5000
  • Cap Rate Actual: 3.8
  • Construction: Stucco
  • Floor Covering: Hardwood, Tile, Vinyl, Wall to Wall Carpet
  • Floors: Wood
  • Gross Equity: 100
  • Heating: Wall
  • Laundry: Owned
  • Listing Area: MISSION HILLS (92103)
  • Lot Size Area: .25 Acres or less
  • Lot SqFt: 10749
  • Monthly Rent Total: 19000
  • Roof: Composition
  • Siding: Part Landscaped, Wood Deck
  • SqFt Source: Tax Record
  • SqFt of Improvement: 8252
  • Tenant Pays Electric: Yes
  • Tenant Pays Gas: Yes
  • Terms: Cash, Cash to New Loan, Exchange Down, Exchange Up
  • Unit Rent (1): 1450
  • Unit Rent (2): 1850
  • Unit Rent Total (1): 11600
  • Unit Rent Total (2): 7400
  • Unit Type: Apartment
Courtesy of RE/MAX Solutions

Dan Dennison, MBA
Big Block Realty

2820 Camino del Rio S Ste. 314
San Diego, CA 92108
Phone: 858-255-0052
Email: Dan.Dennison@mac.com

Testimonials

Dan Dennison has been my agent throughout the entire process of the search for my first home.

Having witnessed many friends and family members go through this process throughout the years, I knew I needed a trustworthy and patient agent.

My very first search for a home was certainly an enjoyable and smooth process because of Dan. He is knowledgeable (with decades of experience in Real Estate across multiple states in the country), professional (has an MBA in addition to his experience in the field), friendly (has two friendly dogs as well!), and patient (took his time explaining and answering any questions I had).

From day one, Dan was honest, professional, and easy to work with. He takes great care in listening to the client and identifying their wishes in the home search. He carefully explains things in a logical and easy-to-understand manner for a first-time buyer like myself.

In addition, Dan has been an excellent resource and as well as a friend when it came to other important items related to the search, such as identifying and navigating through the lending process, learning about what an HOA covers, locating a trustworthy insurance company, home warranties, and discussions with the listing agents and sellers about questions.

Dan Dennison is an agent who will go above and beyond to provide the highest quality of service to you, holding the clients' interest at heart.
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