WILSON!!!! Add Value 3 parcels

4241-4263 Wilson Ave
San Diego, CA  92104

Seller asking 2M

3 parcels
5 Units, 4 units, 4 units.
13 units

11 Ones
1 Two bed 1 bath
1 three bed 1 bath



5 Units -  Property Profile 4241-47    Zoning is  RM 1-3

 4 Units Property Profile 4249-55    - ZONING CUPD- CT -2-3 - More Info

4 Unit    Property Profile  4257-63   - ZONING CUPD- CT -2-3 - More Info

CT-2-3. Development in the CT-2-3 zone is subject to the CU-2-3 zone use and development regulations if the development is also within the CU-2-3 zone and fronts on a major street as designated in the applicable community plan. If no portion of the development is in the CU-2-3 zone or if no portion fronts on a major street then the RM-2-5 zone use and development regulations apply.

RM-2-5 = 1 Unit per 1,500 sqft

CU-2-3 is intended to accommodate development with pedestrian orientation and medium-high density residential use.



600K -700Kin cap ex

4 vacant units

rents are 900 -1100


Rents at 1450 for the ones 1700 for the 2 and 1800 for the 3
GSI 234
Expenses -80
Noi-154
ARV- Value at 5 cap : 3.080
ARV based selling off separately 3.5M

work sheet.