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1103 33rd St

San Diego, CA 92102
  • $2,200,000
  • STATUS: PENDING
  • ON SITE: 75 Days
  • ID#: 220009156
Pending
UPDATED: 65 min ago
$2,200,000
  • 8
    BEDS
  • 0.23
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,550
    SQFT
  • $863
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

Description

In a rising interest rate market, this is the property you want to own!! Current owner has an assumable VA loan with an interest rate at 2.25%. For the right price, the owner is willing to let a buyer assume his VA loan and save 100s of thousands of dollars over the life of the mortgage. Each unit is a model match of the others, with the exception of unit 4 having a larger patio than the rest. Additional income from on-site laundry, updated kitchen and baths, updated electrical plumbing, wall heaters, storage lockers, and 2 parking spots per unit.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/127853370
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1103 33rd St San Diego, CA 92102

  • Price: $2,200,000
  • Status: PENDING
  • On Site: 75 Days
  • Updated: 65 min ago
  • ID#: 220009156
8
Beds
4
Baths
0
½ Baths
0.23
Acres
2,550
SQFT
$863
$/SQFT
1950
Built
Neighborhood:
Golden Hill
County:
San Diego
Area:
San Diego (92102)
Elementary School:
San Diego Unified School District
Middle School:
San Diego Unified School District
High School:
San Diego Unified School District
Property Description
In a rising interest rate market, this is the property you want to own!! Current owner has an assumable VA loan with an interest rate at 2.25%. For the right price, the owner is willing to let a buyer assume his VA loan and save 100s of thousands of dollars over the life of the mortgage. Each unit is a model match of the others, with the exception of unit 4 having a larger patio than the rest. Additional income from on-site laundry, updated kitchen and baths, updated electrical plumbing, wall heaters, storage lockers, and 2 parking spots per unit.
Exterior Features

Boat Facilities No/Unknown Exterior Stucco Fencing Partial Frontage Other/Remarks Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Parking Non Garage Desc Unit1 Assigned Parking Non Garage Desc Unit2 Assigned Parking Non Garage Desc Unit3 Assigned Parking Non Garage Desc Unit4 Assigned Roof Rolled/Hot Mop Site Corner LotPublic StreetSidewalksStreet Paved Topography LevelSlope Steep Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 4

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 4 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0 Water Heater Type Gas

Property Features

Actual Cap Rate 4.3 Age Restrictions N/K Annual Expense Actual 9984 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community San Diego Complex Park N/A Cross Streets 33rd & C St Gross Rent Multiplier Actual 16.8 Gross Scheduled Income Actual 119700 Gross Scheduled Income Project 125000 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Possession Other/Remarks Projected Cap Rate 4.5 Sales Restrictions Other/Remarks Security N/K Short Sale No Tenant Pays SewerWater Terms AssumableCashConventionalVa Unit Number For Unit1 1103 Unit Number For Unit2 1105 Unit Number For Unit3 1115 Unit Number4 1117 Unit1 Deposit 3100 Unit1 Occupied Tenant Unit1 Projected Rent 2885.0 Unit1 Rent Actual 2650.0 Unit2 Deposit 2550 Unit2 Occupied Tenant Unit2 Projected Rent 2550.0 Unit2 Rent Actual 2550.0 Unit3 Deposit 1500 Unit3 Occupied Tenant Unit3 Projected Rent 2700 Unit3 Rent Actual 2193.0 Unit4 Deposit 4800 Unit4 Occupied Tenant Unit4 Projected Rent 2700 Unit4 Rent Actual 2450.0 Vacation Rental By Owner No Water District City Of San Diego Zoning R-4:Multip

San Diego MLS logo Listing provided courtesy of Homecoin.Com. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101