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Status:MLS #:APN:

Address:City,St: Zip:,

List Price:Original Price:Sold Price:

List Date:DOMLS:

Short Sale:

REMARKS AND SHOWING INFO

Conf. Remarks:

Map Code:

CBB$: CBB%:

Directions To Property:Showing Instructions:

BRE License#:

2nd Agent: Broker ID:

Listing Office: Fax:

Listing Agent:

Off Market Date: Close of Escrow: Financing: Concessions:Selling Agent:Selling Office:

Sale Price:Exp Date:

# of Bldgs:

LISTING AGENT AND OFFICE INFORMATION

SOLD INFORMATION

UNIT INFORMATION

Listing Type:CVR:

# of Units:

Entry Only:Lmtd Service:

Lot Size:Acres:

County:

Value of Improv:

GENERAL INFORMATION

FEATURES

MT170039881534-382-12-00

San Diego CA 92102

$1,199,000

7/29/20172.50

10/29/2017

2

$1,199,000

6

0.1100

Subject property is a 6-unit fully furnished vacation rental. Mixture of studios &1 bedrooms. Rental rates vary from $79 to $150 per night. Kitchens with stainlesssteel appliances, granite counters, common area laundry, BBQ, large tree shaded patio area. Original house built by Irving Gill in 1877 & other structures addedapprox. 1921. Status of permits unknown for 6th unit. Property is fully fenced with combo gate locks & doors. Shown with accepted offer. PLEASE RESPECTTENANT’S RIGHTS & DO NOT GO ON THE PROPERTY.

All information contained herein is deemed reliable but not verified. Buyer to verify all information. Monthly rental rolls available in docs section.Seller has booking agent who sets rents & bookings for 10% of gross rents. Guests pay $90 cleaning fee per visit, 12.5% transient tax. Seller has amaid whose gets $90 per turnover & would like to continue on. Neither broker nor seller makes any guarantees regarding long-term viability ofvacation rentals in San Diego. Upside in cost savings & more rentals.

Caroline Singer - 619-595-7025Gregg R Neuman - 619-595-7025

Berkshire Hathaway HomeService - Office: 619-595-7020

68677Office: 619-595-7020

00809392

942 23rd Street

Virtual Tour Link

13 13

NoER

N

NNA

1).25-

SanDiego

With Accepted Offer

ACTCOMMERCIAL-RES INCOME

MandRem None Known

# of Units (1) 1# of Units (2) 1# of Units (3) 1# of Units (4) 1# of Units (5) 1# of Units (6) 1# of Units (7)# of Units (8)# of Units (9)# of Units (10)

BR1 1BR2 1BR3BR4 0BR5 1BR6 1BR7BR8BR9BR10

UntFrn1 YUntFrn2 YUntFrn3 YUntFrn4 YUntFrn5 YUntFrn6 YUntFrn7UntFrn8UntFrn9UntFrn10

Amenities BBQConstruction Lath/Plaster, StuccoCooling OtherExisting Financing ClearExterior Cable Available, Community Facilities, Part Fenced, Part

Landscaped, Wood Fence, Wood DeckFinancial Info Source OwnerFloor Covering Hardwood, Tile, Wall to Wall CarpetFloors WoodHeating Other/RemarksLaundry Owned

Parking SpacesRoof CompositionSales Restrictions Call AgentSpecial Termite CertificateSqFt Source Tax RecordStories 2 StoryTerms Cash, Cash to New Loan, Owner May Carry 1stUnit Type Other/Remarks

Present Loan 0Down Payment 360000Have VRBO Rentals

Price/Unit $199,833Price/SF of ImprovmentsGross Equity 1199000Motive/Want Sale

Studios1 BR2 BR3 BR# of Stories 2

SFImp 2,185#GarCrprts 1TotPrkg 1Age 96

Tenant Pays Gas NTenant Pays Water NTenant Pays Electric N

# Units w/Dishwashers 0# of Units w/Refrigerator 6# of Units w/Ranges 6# of Units w/Disposals 0# of Units w/Drapes 6

LotSFApx 4,828Zoning R-4:MULTIPFldZn Hazard UnknownGeoHaz Hazard Unknown

Rnt1 1455Rnt2 1420Rnt3 1995Rnt4 1786Rnt5 2609Rnt6 1427Rnt7Rnt8Rnt9Rnt10

RntTtl1 17,463RntTtl2 17,846RntTtl3 23,947RntTtl4 21,441RntTtl5 31,317RntTtl6 17,131RntTtl7RntTtl8RntTtl9RntTtl10

Provided By: BRE Lic.#: CA Copyright 2001-2017 Sandicor, Inc. - Information is not guaranteedGregg R Neuman 00809392 08/11/2017 03:09 PM

STANDARDMLS # 170039881Class COMMERCIAL-RES

INCOMEType Com-Res IncomeZip/Area SAN DIEGO (92102)List Price (H) $1,199,000Address 942 23rd StreetAddress 2City San DiegoState CAZip 92102Status ACTIVESale/Rent For SaleIDX (Y/N) Y

Keyword 1 1

GENERALListing Agent Gregg R Neuman - 619-595-7025 Co-Listing Agent Caroline Singer - 619-595-7025Listing Office Berkshire Hathaway HomeService - Office:

619-595-7020List Firm Code 68677

Street Post Direction Association ID San Diego Association of REALTORS(SDAR)

Value Range Pricing? No Map Code PageMap Code Column Map Code RowMap Coordinates Market Area Metro CentralCounty San Diego Assessors Parcel # 534-382-12-00sysid Max Search Price 1,199,000Comp. to Buyers Broker $ Comp. to Buyers Broker % 2.50Variable Commission No Entry Only NoShort Sale No Listing Date 7/29/2017Expiration Date 10/29/2017 # of Units 6Present Loan 0 Down Payment 360000Assumable Finance 0 Have VRBO RentalsMotive/Want Sale Price/Unit $199,833SqFt of Improvement 2,185 Gross Equity 1199000# of Units (1) 1 # of Bedrooms (1) 1# of Baths (1) 1.00 Unit Furnished (1) YUnit Rent (1) 1455 Unit Rent Total (1) 17,463# of Units (2) 1 # of Bedrooms (2) 1# of Baths (2) 1.00 Unit Furnished (2) YUnit Rent (2) 1420 Unit Rent Total (2) 17,846# of Units (3) 1 # of Bedrooms (3)# of Baths (3) 1.00 Unit Furnished (3) YUnit Rent (3) 1995 Unit Rent Total (3) 23,947# of Units (4) 1 # of Bedrooms (4) 0# of Baths (4) 1.00 Unit Furnished (4) YUnit Rent (4) 1786 Unit Rent Total (4) 21,441# of Units (5) 1 # of Bedrooms (5) 1# of Baths (5) 2.00 Unit Furnished (5) YUnit Rent (5) 2609 Unit Rent Total (5) 31,317# of Units (6) 1 # of Bedrooms (6) 1# of Baths (6) 1.00 Unit Furnished (6) YUnit Rent (6) 1427 Unit Rent Total (6) 17,131# of Units (7) # of Bedrooms (7)# of Baths (7) Unit Furnished (7)Unit Rent (7) Unit Rent Total (7)# of Units (8) # of Bedrooms (8)# of Baths (8) Unit Furnished (8)Unit Rent (8) Unit Rent Total (8)# of Units (9) # of Bedrooms (9)# of Baths (9) Unit Furnished (9)Unit Rent (9) Unit Rent Total (9)# of Units (10) # of Bedrooms (10)# of Baths (10) Unit Furnished (10)Unit Rent (10) Unit Rent Total (10)# of Leased Apartments Monthly Rent Total


GENERALOther Income Source Other Income AmountFiscal Year From Fiscal Year ToActual Gross Schd Income 173,000 Actual Other Income 0Act. Vacancy&Credit Loss 0 Actual Gross Oper Income 173000Actual Operating Expense 50902 Actual Net Operating Inc 122,098Actual Total P&I Pay 0 Actual Cash Flow 122098Cap Rate Actual 10.18 Actual Cash on CashGross Multiplier 6.93 Proj. Gross Sched. IncomeProjected Other Income Proj Vacancy & Credit LosProj Gross Operating Inc Proj Operating ExpenseProjected Net Income Proj Annual P & I ExpenseProjected Cash Flow Cap Rate ProjectedProjected Cash on Cash Proj Gross MultiplierActual Taxes Expense 2483.00 Actual Ins. F&L Expense 3000.00Actual Gas & Electric 7200.00 Actual Wtr/Sewer Expense 3600.00Actual Trash Expense 720.00 Actual Supplies Expense 2400.00Actual Maintenance Exp. 30000.00 Actual Pest Control Exp. 0Actual License Expense 0 Actual Gardener Expense 900.00Actual Mgr Expense Actual Prop ManagementActual Other Expense 600.00 Actual Total Expense 50902.00Projected Taxes Expense Projected F&L Ins ExpenseProjected Gas & Electric Proj Wtr/Sewer ExpenseProjected Trash Expense Proj Supplies ExpenseProj Maintenance Expense Projected Pest ExpenseProjected License Expense Proj Gardener ExpenseProjected Manager Expense Proj Prop Management ExpProjected Other Expense Projected Total ExpenseAssessed Value Improved Price/SF of Improvments1st Loan Balance 0 Loan 1 Payment 01st Loan Interest 0 1st Loan Assumable 0Loan 1 Balloon 0 Loan 1 Year Due 0Loan 2 Balance 0 Loan 2 Payment 02nd Loan Interest Rate 0 2nd Loan Assumable 0Loan 2 Balloon 0 Loan 2 Year DueBLN Balance BLN PaymentBLN Interest BLN AssumableBLN Balloon BLN Year DueStudios 1 BR2 BR 3 BR# of Units w/Garage # of Carports 1Parking Spaces Total 1 Tenant Pays Gas NTenant Pays Water N Tenant Pays Electric N# of Units w/Drapes 6 # of Units w/Refrigerator 6# of Units w/Ranges 6 # of Units w/Disposals 0# Units w/Dishwashers 0 Zoning R-4:MULTIPLot Dimensions Approx 50x96 Lot SqFt Approx 4,828Approx # of Acres 0.1100 # of Buildings 2# of Stories 2 Age 96Show Phone Accepted Offer Flood Zone Hazard UnknownGeological Hazard Zone Hazard Unknown Lot Size .25 Acres or lessListing Type Exclusive Right (R) Mandatory Remarks None KnownMandatory Remarks for VRP Mandatory Rmks 1stRgt Rfs1st Right of Refusal Hrs Original Low List PriceVariance Variance CommentsVOW (Y/N) Yes VOW Address YesAVM (Y/N) Yes Allow Comments/Review NoInternet Syndication Y/N Yes Internet Address 942 23rd StreetREALTOR.com (Y/N) Yes Off Market DateVirtual Tour Link Virtual Tour Link List Agent FaxPP_Insta PP_Insta MappingTax ID Update Date 8/5/2017Status Date 7/29/2017 HotSheet Date 7/29/2017Price Date 7/29/2017 List Date Received 7/29/2017 4:15 PMDays On Market 13 Days On MLS 13Price Per SQFT Internet Address Field Full AddressMT 13 Limited Service N/A


GENERALEnable Showing Scheduling No Email About Showing SuiteFIPS Code 06073 List Agent BRE License # 00809392Country United States Agent Hit Count 192Client Hit Count 166 WalkScore 86Doc Manager 0 Geocode Quality Exact Match With BingPicture Count 25 Sold Price Per SQFTSupplement This charming 1877 Irving Gill home has

been converted to a 6-unit vacation rental tomaximize income stream. It featuresupgraded kitchens with granite counters,stainless steel appliances. It has hardwoodfloors, a large ornamental fireplace, one unithas a private deck and the rest have a largerear yard with a tree shaded patio andspacious deck for partying and mingling.Rental rates are low from $79 per night to$150 per night. Presently the ownercollects $90 per stay for cleaning and paysa maid that amount to service. The rentersalso pay the 12.5% Transient rental tax.Lots of upside or convert into monthlyrentals. These units will be shown with anaccepted offer. No sign on the property andplease respect the tenants’ privacy.

Selling Agent 2 BRE #

Selling Agent BRE # Full Address 942 23rd StreetInput Date 7/29/2017 4:15 PM Update Date 8/5/2017 2:11 PMOriginating System Name Sandicor Co-Listing Office Berkshire Hathaway HomeService - Office:

619-595-7020Selling Office 2 List Or Sell OfficeList Or Sell Firm Selling Agent 2List Or Sell Agent

FEATURESAmenitiesBBQConstructionLath/PlasterStuccoCoolingOtherExisting FinancingClear

ExteriorCable AvailableCommunity FacilitiesPart FencedPart LandscapedWood FenceWood DeckFinancial Info SourceOwnerFloor CoveringHardwoodTileWall to Wall CarpetFloorsWood

HeatingOther/RemarksLaundryOwnedParkingSpacesRoofCompositionSales RestrictionsCall AgentShowingWith Accepted Offer

SpecialTermite CertificateSqFt SourceTax RecordStories2 StoryTermsCashCash to New LoanOwner May Carry 1stUnit TypeOther/Remarks

FINANCIALAssociated Document Count 8 Original Price $1,199,000Pending Date Tax ParcelWalkScore Desc WalkScore EnabledLP/SqFt Sold PriceSelling Agent Selling Office

SOLD STATUSSell Firm Code Close of Escrow DateFinancing How SoldConcessions (Y/N) ConcessionsSP$/LP$ SP$/SqFt

REMARKSRemarks Subject property is a 6-unit fully furnished vacation rental. Mixture of studios &1 bedrooms. Rental rates vary from $79 to $150 per night.

Kitchens with stainless steel appliances, granite counters, common area laundry, BBQ, large tree shaded patio area. Original house built byIrving Gill in 1877 & other structures added approx. 1921. Status of permits unknown for 6th unit. Property is fully fenced with combo gate locks& doors. Shown with accepted offer. PLEASE RESPECT TENANT’S RIGHTS & DO NOT GO ON THE PROPERTY.


CONFIDENTIAL REMARKSConfidential Remarks All information contained herein is deemed reliable but not verified. Buyer to verify all information. Monthly rental rolls available in

docs section. Seller has booking agent who sets rents & bookings for 10% of gross rents. Guests pay $90 cleaning fee per visit,12.5% transient tax. Seller has a maid whose gets $90 per turnover & would like to continue on. Neither broker nor seller makesany guarantees regarding long-term viability of vacation rentals in San Diego. Upside in cost savings & more rentals.

ADVERTISING REMARKSAdvertising Remarks 6-unit vacation rental offers good cash flow & potential upside for owner/manager. Presently owners pay for maid service for turn

overs at 30K annually, plus $14K booking fees. Good upside for buyer. Located close to downtown San Diego, Gaslamp Quarter,Balboa Park & San Diego Zoo. Historic Irving Gill Home (1877) plus additions. Lot has several tree shaded patio decks both private& common. Presently offering free laundry facilities. Lots of storage under home w/extra bath & work area for staff.

DIRECTIONS TO PROPERTYDirections To Property

OLD MLS #Old MLS #

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