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In the Heartof Mission HillsOne Retail,Three ResidentialContact Judy 54 GOLDFINCH / 902 – 910 FT. STOCKTONOFFERED AT 1,025,000.MLS# 110058814CCIM, CRS, GRIThe Greer & Preston Team:JIM GREER619.692.1628JUDY PRESTON619.325.4151LEAH GREENWOOD858.568.3303DRE, Lic. 01240616DRE, Lic. 01074104DRE, Lic. 01805044
Amazing Opportunity in The Village of Mission Hills!Commercial / Mix Use PropertyPROPERTY INFORMATION: PROPERTY ACCESS: From Goldfinch St.In the Heartof Mission Hills LOT SIZE: 5000 Sq. ft.or Ft. Stockton BUILDING IMPROVEMENTS: 3358 Sq. Ft PARKING: 2 Car Garage GARAGE: 400 Sq. Ft SPECIAL INSTRUCTIONS: Please do not ZONING: MCCPD-CV-3disturb tenants BUILDING CURRENT RETAIL TENANT:Ascent Real Estate Plus 3 Residential UnitsL I C. 0 1 5 0 1 1 3 22
In902theHeartFt. Stockton – 775 SF of Corner Retail Spaceof Mission HillsL I C. 0 1 5 0 1 1 3 23
GROUND FLOOR2ND FLOORIn the902-10HeartFt. Stockton/4054 GoldfinchMaster Floor Plansof MissionHillsL I C. 0 1 5 0 1 1 3 24
902 GOLDFINCHCorner Retail910 GOLDFINCH904 GOLDFINCH1 BR Above Garage2 BR Above Corner RetailIn the902-10HeartFt. Stockton Floor Plan Detailsof Mission HillsL I C. 0 1 5 0 1 1 3 25
2 BR Craftsman4054 Goldfinch Floor Plan DetailsPropertyPlat MapL I C. 0 1 5 0 1 1 3 26
NEIGHBORHOOD INFORMATIONOn the corner of Goldfinch and Ft Stockton, thisfabulous location is first rate; there is abundantwalking and driving traffic from all directions.The active business community offers fine dining,shops, and services within walking distance for itsmany professional and established residents.Mission Hills is one of San Diego’s oldest and mostexclusive neighborhoods – home to many of SanDiego’s wealthiest and most successful.Just North of Downtown, Adjacent to Historical OldTown, Freeway Close and Convenient to All, ThisSuperb Location is Unrivaled!VISIT THE FOLLOWING WEBSITES FORMORE INFORMATION ABOUT MISSION HILLSDIRECTIONS TO PROPERTY:In the Heartof Mission HillsI – 5 to Washington West to Goldfinch, Turn ownplannersgroup.comkengina.comI – 8 to HWY 163 to Washington West to Goldfinch,Turn RightL I C. 0 1 5 0 1 1 3 27
30,795MEDIAN AGE40.1434.34INCOME92103CALIFORNIAMEDIAN HOUSEHOLD INCOME 55,602 59,657AVERAGE HOUSEHOLD INCOME 88,570 86,13239%25% 51,265 29,6008.75%N/A 46,542 49,47192103CALIFORNIA 415,000 247,000IN CURRENT RESIDENCE 5 YEARS27.18%35.66%ANNUAL RESIDENTIAL TURNOVER23.44%18.87%2.483.324030POPULATION DENSITY (PEOPLE/MILE)POPULATION GROWTH (SINCE 2000)AVERAGE INCOME CHANGE (SINCE 2000)PER CAPITA INCOMESALES TAX RATEMEDIAN DISPOSABLE INCOMEHOUSINGMEDIAN HOME PRICEMEDIAN YEARS IN RESIDENCEMEDIAN DWELLING AGEIn theHeartDemographicsof 92103 and Californiaof Mission HillsL I C. 0 1 5 0 1 1 3 28
A N N UA L P RO P E RT Y O P E R AT I N G DATA ( P RO J E C T E D ) Y E A R 1P RO P O S E D F I N A N C I N GA N N UA L I N C O M EGross Scheduled Income- Vacancy. Effective Rental Income Other Income4054 GOLDFINCH STREET. 2,772.00 89,628.00. 92,400.00. Gross Operating Income. 4,200.00 93,828.00.Purchase Price. 1,025,000.00. 615,000.001st Mortgage.Points.1.0.5.5%Amortized Over.Term (Due Date). 10.0.Interest Rate30.0 yearsyearsA N N UA L O P E R AT I N G E X P E N S E SEstimated Annual Expenses. 32,839.80.INITIAL INVESTMENTPurchase Price. 1,025,000.00N E T O P E R AT I N G I N C O M EGross Operating Income.- Annual Operating Expenses Net Operating Income. 93,828.00Down Payment. 32,839.80 Closing Costs. 60,988.20 Loan Points. Other Costs.1st Mortgage Principal and Interest. Total InvestmentA N N UA L D E B T S E RV I C E. 15,375.00. 410,000.00. 6,150.00. 0.00 431,525.00 41,902.83.I N D I C ATO R SA N N UA L C A S H F L OW B E F O R E TA XCap RateNet Operating Income. 60,988.20Gross Rent Multiplier- Annual Debt Service. 41,902.83Cash on Cash- Capital Additions. Cash Flow Before Tax. 0.00.Debt Coverage Ratio.5.95%11.09.4.42%.1.46 19,085.37This report has been prepared based on information furnished by sources deemed reliable, however none of the informationhas been verified and no representation or warranty, either expressed or implied, is made regarding its accuracy.Judy Preston, Realtor, Ascent Real Estate, 410 Kalmia St., San Diego, CA 92101, 619.325.4151, JPreston@AscentRealEstate.netThe Greer & Preston Team:JIM GREER619.692.1628JUDY PRESTON619.325.4151LEAH GREENWOOD858.568.3303DRE, Lic. 01240616DRE, Lic. 01074104DRE, Lic. 018050449
I – 5 to Washington West to Goldfinch, Turn Left I – 8 to HWY163 to Washington West to Goldfinch, Turn Right LIC. 01501132. 8 In the Heart of Mission Hills POPULATION 92103 CALIFORNIA POPULATION 30,864 37,329,450 POPULATION DENSITY (PEO
