$1,405,000
$1,485,900
5.4%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 07/25/2024
Key Details
Sold Price $1,405,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2402781
Sold Date 07/25/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1953
Lot Size 6,969 Sqft
Property Description
Nestled in quiet area of highly coveted South Park situated on .16 acres with ocean view! THREE income generating units consistently rented, proforma annual rents over $108,000. Modern comfort and style; 2 units consists of 2 bedroom/1 bath and 1 unit consists of 1 bedroom/1 bath with private yards, parking and washer/dryer. Tenants pay all utilities including water. New electrical panels 125amp each unit, most cast iron plumbing has been replaced, new interior and exterior light fixtures, ceiling fans, microwave. and drought tolerant private yards. Great location; walkable to restaurants, Balboa park, golf, Target, cafes, boutiques, schools, transportation with easy access to downtown and freeways. Great opportunity for investors or owner occupant! Surrounded by multimillion dollar single family homes. Location, Location, Location!
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning R-2 Units any combination
Interior
Interior Features Granite Counters
Heating Wall Furnace
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Free-Standing Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Dryer, Washer
Laundry Gas Dryer Hookup, Inside, Stacked
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway
Pool None
Community Features Street Lights, Sidewalks, Park
Utilities Available Electricity Connected, See Remarks
View Y/N Yes
View Ocean
Roof Type Asphalt,Composition
Total Parking Spaces 5
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Front Yard, Landscaped, Near Park, Near Public Transit, Yard
Story 1
Foundation Concrete Perimeter, Raised
Sewer Public Sewer
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5393260100
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Samantha Lopez • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "