3570 43rd St San Diego, CA 92105
Fully rented, renovated eight-unit apartment community with modern design elements.
Property Features for 3570 43rd St
General Information
- Standard status
- Active
- Size
- 6,185 SF
- Property subtype
- Multifamily
Listing office Starker West, Inc (619) 300-0173
Listing date Jan 11, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Starker West, Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Fully rented and freshly renovated investment opportunity.
- Stabilized cash flow.
- Gated community providing security.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $222.7k | $36.00 |
| − Vacancy | −$12.2k | −$1.98 |
| EGI | $210.4k | $34.02 |
| − OpEx | −$94.7k | −$15.31 |
| NOI | $115.7k | $18.71 |
