6650 Amherst St #11C San Diego, CA 92115




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Key Details

Property Type: Condo

Listing Status: Active

Purchase Type: For Sale

Price per Sqft: $339

Lot Size: 0.626 Acres

Year Built: 1984

MLS Listing ID: 190042098

HOA Fees: $235/mo

Style: Other

Subdivision: Ca

Full Baths: 1

Special Sale: Other/Remarks

Construction Status: Repairs Cosmetic

Short Sale: No

Type of Financing: Cash,Conventional,VA

Age Restriction: 55 and Up

Property Description

Investors real 5.27% CAP RATE! Welcome to Amherst Springs, one of the very few centrally located extremely affordable 55+ communities. Owner can be of any age however the occupant must be 55+ and there is no smoking allowed anywhere in the unit or in the building. This secure complex in the SDSU college area is an easy stroll to the grocery store, transportation, coffee shops and restaurants. The complex has a secure entry, a club/meeting room, community laundry and ...SEE SUPPLEMENT...
.......does have some parking in the back of the complex. There is no availability currently but you can get on the waiting list. Since this is the nicest location of the five units being top floor, end unit with a balcony. It also has an entrance that does not require the occupant to go into the complex through a side stairway. I’m hopeful that we can set the bar a little higher for comparables and get you more money for the next four. The unit itself is a top floor end unit with a balcony bring in lots of light. It also has an entrance through a side stairway that does not require access into the complex. It is occupied by a section 8 renter who is on the special veterans program allowing for a higher dollar higher limit for section 8 housing. Current rent is very low however the paperwork has been filed with section 8 for the rent to be increased to $1295 as of October 1. Very nice quiet tenant is hopeful an investor will purchase this and keep him here. At asking price we have a 5.27 cap rate for such a simple low maintenance investment in San Diego. Contact Agent for showing. There are 51 total units in complex with 13 owner occupied units and 38 investor owned units. There is no litigation and the pet policy is 2 pets 15 pounds max each. There is no visitor parking.


State: CA

County: San Diego

Community: College Grove

Area: San Diego (92115)

Building/Comlex Name: Amherst Springs

Zoning: R-1:SINGLE


Dining Room: combo

Kitchen: 7x7

Master Bedroom: 12x11

Dining Room: combo

Kitchen: 7x7

Master Bedroom Dimensions: 12x11


Interior Features: Balcony

Laundry: Laundry Room

Heating: Electric

Cooling: Wall/Window

Flooring: Carpet,Linoleum/Vinyl

Equipment: Dishwasher,Disposal,Electric Oven,Electric Range,Electric Cooking

Air Conditioning: Wall/Window


Exterior Feature: Wood/Stucco

Garage: None Known

Fence: Partial

Community Features: Pet Restrictions,N/K

Complex Features: Pet Restrictions,N/K

Utilities Available: Cable Available,Electricity Connected,Sewer Connected,Water Connected

Roof Type: Composition

Complex Features: Pet Restrictions,N/K


Lot Description: Public Street,Street Paved

Story: 1 Story

Lot Size Range: 0 (Common Interest)

Sewer: Sewer Connected,Public Sewer

Water: Meter on Property,Public


Elementary Schools: Clay Elementary School

Middle Schools: Mann Middle School

High Schools: Crawford High School

School District: San Diego City Unified School District


Senior Community: yes

Pets Allowed: Allowed w/Restrictions

Ownership: Condominium

Monthly Total Fees: $235

Acceptable Financing: Cash,Conventional,VA

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Listing Provided By Christopher Townson (CA BRE #01033710) of RE/MAX Associates

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    Glen Henderson Big Block Realty, Inc
    Glen Henderson

    Broker Associate CA BRE # 01384181

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