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1523-25 Oliver

San Diego, CA 92109
  • $1,900,000
  • STATUS: PENDING
  • ON SITE: 21 Days
  • ID#: 240027152
Pending
UPDATED: 53 min ago
$1,900,000
  • 5
    BEDS
  • 0.13
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,850
    SQFT
  • $1,027
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

For sale 1523-25 Oliver Avenue, two craftsman houses with lush landscaping, expansive yards, and enclosed by a 3-foot-high natural stacked stone wall to create the perfect living environment. An excellent investment opportunity, 1523-25 Oliver offers a new investor significant immediate rental upside. Built in 1950, the property features two separate craftsman houses over an expansive 5,750 SF parcel. The front units include in-unit laundry and enjoys a long driveway (parks multiple cars) and carport for the tenant’s convenience. The back house has a private yard and garage with access from the ally. Note, the neighboring 5-unit property (1533-39 Oliver) is also for sale by same owner.

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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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/158038519
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1523-25 Oliver San Diego, CA 92109

  • Price: $1,900,000
  • Status: PENDING
  • On Site: 21 Days
  • Updated: 53 min ago
  • ID#: 240027152
5
Beds
2
Baths
0
½ Baths
0.13
Acres
1,850
SQFT
$1,027
$/SQFT
1950
Built
Neighborhood:
Crown Point
County:
San Diego
Area:
Pacific Beach (92109)
Property Description
For sale 1523-25 Oliver Avenue, two craftsman houses with lush landscaping, expansive yards, and enclosed by a 3-foot-high natural stacked stone wall to create the perfect living environment. An excellent investment opportunity, 1523-25 Oliver offers a new investor significant immediate rental upside. Built in 1950, the property features two separate craftsman houses over an expansive 5,750 SF parcel. The front units include in-unit laundry and enjoys a long driveway (parks multiple cars) and carport for the tenant’s convenience. The back house has a private yard and garage with access from the ally. Note, the neighboring 5-unit property (1533-39 Oliver) is also for sale by same owner.
Exterior Features

Exterior Wood/Stucco Fencing Full Parking Non Garage Desc Unit1 CarportUncovered Roof Composition Site Alley AccessPublic StreetSidewalksStreet PavedWest of I-5 Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 2 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 1.6 Age Restrictions N/K Annual Expense Actual 32401 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community CROWN POINT Complex Park Duplex Cross Streets Ingraham Gross Rent Multiplier Actual 30.0 Gross Scheduled Income Actual 61800 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Cable TVElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1525 Unit Number For Unit2 1523 Unit1 Deposit 1800 Unit1 Occupied Tenant Unit1 Projected Rent 3795.0 Unit1 Rent Actual 2400.0 Unit2 Deposit 2750 Unit2 Occupied Tenant Unit2 Projected Rent 3895.0 Unit2 Rent Actual 2750.0

San Diego MLS logo Listing provided courtesy of Philip Buckley of CBRE: 760-822-9861. Listing information © 2024 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team
516 5th Avenue
San Diego CA, 92101