1743-1745 Reed Ave.

    San Diego, CA 92109
    • $1,175,000
    • STATUS: ACTIVE
    • ON SITE: 11 days
    • ID#: 190002081
    UPDATED: 32 min ago
    $1,175,000
    • 5
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,745
      SQFT
    • $673
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:

    School Ratings & Info

    Description

    Terrific opportunity in the heart of Pacific Beach! 2 detached homes on one lot with alley access. Front home newly renovated. Both homes currently tenant occupied. Front house is 3bd, 1bth (1bdm is converted garage, permits unknown). Back house is 2bd, 1bth, both exclusive use yards, laundry and off street parking. Lot is 6732 SF, zoning is RM-1-1 allowing for development of two detached, 2500+ SF, fee-simple homes. See proposed plans attached. Development in process. Act Now before we get too deep!

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    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/90750207

    1743-1745 Reed Ave. San Diego, CA 92109

    • Price: $1,175,000
    • Status: ACTIVE
    • Updated: 32 min ago
    • ID#: 190002081
    5
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,745
    SQFT
    $673
    $/SQFT
    1941
    Built
    Neighborhood:
    Pacific Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    Terrific opportunity in the heart of Pacific Beach! 2 detached homes on one lot with alley access. Front home newly renovated. Both homes currently tenant occupied. Front house is 3bd, 1bth (1bdm is converted garage, permits unknown). Back house is 2bd, 1bth, both exclusive use yards, laundry and off street parking. Lot is 6732 SF, zoning is RM-1-1 allowing for development of two detached, 2500+ SF, fee-simple homes. See proposed plans attached. Development in process. Act Now before we get too deep!
    Exterior Features

    Exterior Stucco Fencing N/K Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 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 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 0

    Property Features

    Actual Cap Rate 3.8 Age Restrictions N/K Annual Expense Actual 17300 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0 Community Pacific Beach Complex Park Pacific Beach Cross Streets Jewell Gross Rent Multiplier Actual 18.83 Gross Scheduled Income Actual 62400 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Other Fees 0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Cable TvElectricityGas/Propane Terms CashConventional Unit1 Deposit 2950 Unit1 Occupied Tenant Unit1 Rent Actual 2950 Unit2 Deposit 2250 Unit2 Occupied Tenant Unit2 Rent Actual 2250 Zoning R-M 1-1

    Listing provided courtesy of Atlas Realty, Inc.. Listing information © 2019 San Diego MLS, Inc.
    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101