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    2057-59 Felspar Street

    San Diego, CA 92109
    • $849,000
    • STATUS: ACTIVE
    • ON SITE: 18 days
    • ID#: 200047912
    Price Reduced
    UPDATED: 88 min ago
    $849,000
    • 3
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,007
      SQFT
    • $843
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    Fantastic rehab or development opportunity. Bread and butter two units on a nice Pacific Beach Street with alley access. Excellent RM-2-5 zoning. Expenses noted herein are from 2018. One tenant has COVID rent relief.

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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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/110820552
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    2057-59 Felspar Street San Diego, CA 92109

    • Price: $849,000
    • Status: ACTIVE
    • Updated: 88 min ago
    • ID#: 200047912
    3
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,007
    SQFT
    $843
    $/SQFT
    1952
    Built
    Neighborhood:
    Pacific Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    Fantastic rehab or development opportunity. Bread and butter two units on a nice Pacific Beach Street with alley access. Excellent RM-2-5 zoning. Expenses noted herein are from 2018. One tenant has COVID rent relief.
    Exterior Features

    Exterior Stucco Fencing Full Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

    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 No Unit2 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 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 3.45 Age Restrictions N/K Annual Expense Actual 8315 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Pacific Beach Complex Park None Cross Streets Noyes Street Gross Rent Multiplier Actual 22.64 Gross Scheduled Income Actual 37500 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions Other/Remarks Security N/K Short Sale No Tenant Pays Cable TvElectricity Terms CashConventional Unit1 Deposit 1495 Unit1 Occupied Tenant Unit1 Rent Actual 1450.0 Unit2 Deposit 1495 Unit2 Occupied Tenant Unit2 Rent Actual 1675.0 Zoning Rm-2-5

    Listing provided courtesy of James L. Scott, Broker. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 © 2020 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