Jackwill Flats 4224 Ohio St 28 Unit Apartment Building For Sale San Diego, CA 92104
INVESTMENT HIGHLIGHTS
- 2019 construction
- Garage parking
- High walk score location
- Always operated 100% occupied (high tenant demand)
- High ceilings
- Laundry facilities & storage on site
EXECUTIVE SUMMARY
4224 Ohio St is a 2019 built, 28 unit luxury apartment community in the heart of North Park, San Diego. Featuring eighteen large 1 bed/1 bath units, eight
2 bed/1 bath units, a 2 bed/2 bath unit (1,066 sq ft with a 180 sq ft deck) and a 1,000 square foot office/retail unit with a bathroom on the
first floor. The property is equipped with an elevator system, a parking garage with eighteen total garage spaces, highspeed internet, in
-unit washer/dryers, custom kitchen cabinetry/countertops, 10’ ceilings and polished concrete floors. As the subject property is less than 6
years old, a future owner will not have to worry about recurring expenses and capital expenditures as they would have to with an older property. Furthermore, it always runs at 100% occupancy, indicating there is notable upside in the rents.
2 bed/1 bath units, a 2 bed/2 bath unit (1,066 sq ft with a 180 sq ft deck) and a 1,000 square foot office/retail unit with a bathroom on the
first floor. The property is equipped with an elevator system, a parking garage with eighteen total garage spaces, highspeed internet, in
-unit washer/dryers, custom kitchen cabinetry/countertops, 10’ ceilings and polished concrete floors. As the subject property is less than 6
years old, a future owner will not have to worry about recurring expenses and capital expenditures as they would have to with an older property. Furthermore, it always runs at 100% occupancy, indicating there is notable upside in the rents.
FINANCIAL SUMMARY (PRO FORMA - 2025) 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
|
PROPERTY FACTS
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Security System
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Views
- Wi-Fi
- Deck
- Double Pane Windows
- Family Room
- Office
- Patio
SITE AMENITIES
- Laundry Facilities
- Storage Space
- Elevator
- Fiber Optic Internet
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 19 | $3,303 CAD | 657 - 1,000 |
| 2+1 | 8 | $4,063 CAD | 921 |
| 2+2 | 1 | $4,326 CAD | 1,066 |
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 446-233-07 | Total Assessment | $6,542,562 CAD (2024) |
| Land Assessment | $1,026,581 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $5,515,980 CAD (2024) | Tax Year | 2025 |
ZONING
| Zoning Code | CC-3-9 (Commercial) |
