3736 Jemez Dr
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3736 Jemez Dr
12 Unit Apartment Building $4,536,315 CAD ($378,026 CAD/Unit) 2.41% Cap Rate San Diego, CA 92117
Investment Highlights
- Walkable, well located, low maintenance building
- 7430 Rentable Square Feet
- Sufficiently Parked with 1 parking spot per unit
Executive Summary
This well-located 12-unit apartment building offers a fantastic opportunity for investors or owner-operators looking to add value in one of San Diego’s most desirable neighborhoods. The two-story, wood-frame building features spacious units and convenient parking for each resident. While the interior finishes may benefit from some modernization, this provides the perfect canvas for renovations—whether that’s adding in-unit laundry, upgrading kitchens, or installing recessed lighting or more.
The property is just steps away from a variety of local amenities including a movie theater, yoga studio,
bars, and restaurants, offering residents exceptional walkability. Plus, with quick access to the beaches of La Jolla, the 5 Freeway, and other major attractions, this location combines the best of convenience and coastal living. Don’t miss this opportunity to own prime and rare piece of real estate in Clairemont, where demand is strong and the potential for future growth is high.
The property is just steps away from a variety of local amenities including a movie theater, yoga studio,
bars, and restaurants, offering residents exceptional walkability. Plus, with quick access to the beaches of La Jolla, the 5 Freeway, and other major attractions, this location combines the best of convenience and coastal living. Don’t miss this opportunity to own prime and rare piece of real estate in Clairemont, where demand is strong and the potential for future growth is high.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
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 | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $4,536,315 CAD | Apartment Style | Low Rise |
Price Per Unit | $378,026 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.22 AC |
Cap Rate | 2.41% | Building Size | 9,544 SF |
No. Units | 12 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1976 |
Price | $4,536,315 CAD |
Price Per Unit | $378,026 CAD |
Sale Type | Investment |
Cap Rate | 2.41% |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.22 AC |
Building Size | 9,544 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1976 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 12 | - | - |
Walk Score®
Very Walkable (74)
PROPERTY TAXES
Parcel Number | 360-421-08 | Total Assessment | $446,309 CAD |
Land Assessment | $88,778 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $357,531 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
360-421-08
Land Assessment
$88,778 CAD
Improvements Assessment
$357,531 CAD
Total Assessment
$446,309 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
zoning
Zoning Code | RM-3-7 |
RM-3-7 |
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Presented by
Matt Davies, Broker
3736 Jemez Dr
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