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2224-26 W Jewett Street

San Diego, CA 92111
  • $2,275,000
  • STATUS: ACTIVE
  • ON SITE: 34 Days
  • ID#: 240011099
UPDATED: 177 min ago
$2,275,000
  • 2
    BEDS
  • 0.25
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,248
    SQFT
  • $1,823
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Description

2224-26 W Jewett Street, a 10,688 SF lot located in the Linda Vista neighborhood of San Diego. Half a mile from the Linda Vista Shopping Center and just over a mile from USD, this property falls under the Complete Communities Tier 4 overlay along with the Sustainable Development Area (SDA), granting high density or unlimited ADU’s. A feasibility study has been conducted for the lot, indicating that it is suitable for the construction of 35-Units with 33 parking spaces under the CCHS overlay. As for SDA, new construction ADUs have been very prominent in the Clairemont/Linda Vista area giving 2224-26 W. Jewett Street yet another way to provide high-demand housing. In addition, the sweeping views of Mission Bay enhance the property's appeal, ensuring strong interest from future tenants.

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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/150667974
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2224-26 W Jewett Street San Diego, CA 92111

  • Price: $2,275,000
  • Status: ACTIVE
  • On Site: 34 Days
  • Updated: 177 min ago
  • ID#: 240011099
2
Beds
2
Baths
0
½ Baths
0.25
Acres
1,248
SQFT
$1,823
$/SQFT
1942
Built
Neighborhood:
Linda Vista
County:
San Diego
Area:
Linda Vista (92111)
Property Description
2224-26 W Jewett Street, a 10,688 SF lot located in the Linda Vista neighborhood of San Diego. Half a mile from the Linda Vista Shopping Center and just over a mile from USD, this property falls under the Complete Communities Tier 4 overlay along with the Sustainable Development Area (SDA), granting high density or unlimited ADU’s. A feasibility study has been conducted for the lot, indicating that it is suitable for the construction of 35-Units with 33 parking spaces under the CCHS overlay. As for SDA, new construction ADUs have been very prominent in the Clairemont/Linda Vista area giving 2224-26 W. Jewett Street yet another way to provide high-demand housing. In addition, the sweeping views of Mission Bay enhance the property's appeal, ensuring strong interest from future tenants.
Exterior Features

Exterior Wood/Stucco Fencing Full Roof Tile/Clay Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

Interior Features

Cooling Other/Remarks 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 2 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 1.85 Additional Property Use Res/Business Use OK Age Restrictions N/K Annual Expense Actual 9758 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community LINDA VISTA Complex Park Kelly St Park Cross Streets Linda Vista Rd Gross Rent Multiplier Actual 54.16 Gross Scheduled Income Actual 42000 Mandatory Remarks None Known Market Area Metro Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays WaterCable TVElectricityGas/Propane Terms CashConventionalExchangeFHAVA Unit Number For Unit1 2226 Unit Number For Unit2 2224 Unit1 Deposit 1750 Unit1 Occupied Tenant Unit1 Projected Rent 2500.0 Unit1 Rent Actual 1750.0 Unit2 Deposit 1750 Unit2 Occupied Tenant Unit2 Projected Rent 2500.0 Unit2 Rent Actual 1750.0

San Diego MLS logo Listing provided courtesy of Aaron Bove of Marcus & Millichap: 858-945-7094. 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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