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1202 Gertrude St1 / 16 · Click to zoom

About this home

Brand new construction priced just under 375 a pound with monthly gross rents of $18,500!!! This eight-unit multifamily property is in the Bay Park submarket. Located in a highly desirable neighborhood close to beaches and USD University!!! All the units are 1 bed 1 bath featuring 5 separate buildings. Two of the units are stand alone with private yards. The other 3 buildings are duplexes with private yards for the down stairs units. Two units have upstairs balconies. There is a coin operated laundry room on site. Seven of the eight units have solar and are all electric. One of the stand alone units has gas. All of the units are seperatly metered for electric and submetered for water. 1202 Gertrude is a great opportunity to acquire a brand new income producing property with no deferred maintenance in Bay Park.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$825,000 · Jun 2023
📋 Assessed value$858,328
💵 Annual tax$11,088
🏫 School districtSan Diego City Unified School District

MLS #NDP2606121MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$18,763
Principal & interest$15,144
Property tax$2,745
Home insurance$874
Down payment: $599,000Loan: $2,396,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.