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2931-2933 Thorn St

San Diego, CA 92104
  • $2,950,000
  • STATUS: ACTIVE
  • ON SITE: 28 Days
  • ID#: 220018725
UPDATED: 45 min ago
$2,950,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,060
    SQFT
  • $1,432
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918
County:

School Ratings & Info

Description

North Park is one of San Diego’s first urban neighborhoods mixing both commercial and residential properties giving its owners a true sense of community in a walkable neighborhood. With the largest collection of bungalows in the nation, it is no wonder why so many buyers flock to this area to get a piece of history to call their own. Soon after the extension of the trolley line over the Switzer Canyon Bridge, the expansion of North Park continued. 2931-2933 Thorn St is one of the first homes built in Wallace Heights (named after the investor James Wallace who owned the original lots) on a plot of land which was original cut into 5 lots. This 14,600sf park like lot features a 2/2 1200sf front home, 1/1 650sf unit with private patio + cupola for getting a 360 degree view of the surrounding areas and a 210sf studio with private deck. This serene property has been tastefully restored with vintage hardware, lighting, doors and more. Kitchens and bathrooms have been updated for today’s modern conveniences along with a/c and heat in all units and newer roof. Each property has its own water heater. The front house has its own laundry inside while the 1/1 and studio share laundry. New fencing, alley and street access, plenty of off street parking, room to park RV, boat and more. The lot has endless possibilities (infinity pool?) or is beautiful to enjoy as-is.

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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/131074523
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2931-2933 Thorn St San Diego, CA 92104

  • Price: $2,950,000
  • Status: ACTIVE
  • On Site: 28 Days
  • Updated: 45 min ago
  • ID#: 220018725
3
Beds
3
Baths
0
½ Baths
N/A
Acres
2,060
SQFT
$1,432
$/SQFT
1918
Built
Neighborhood:
Wallace Heights
County:
San Diego
Area:
North Park (92104)
Property Description
North Park is one of San Diego’s first urban neighborhoods mixing both commercial and residential properties giving its owners a true sense of community in a walkable neighborhood. With the largest collection of bungalows in the nation, it is no wonder why so many buyers flock to this area to get a piece of history to call their own. Soon after the extension of the trolley line over the Switzer Canyon Bridge, the expansion of North Park continued. 2931-2933 Thorn St is one of the first homes built in Wallace Heights (named after the investor James Wallace who owned the original lots) on a plot of land which was original cut into 5 lots. This 14,600sf park like lot features a 2/2 1200sf front home, 1/1 650sf unit with private patio + cupola for getting a 360 degree view of the surrounding areas and a 210sf studio with private deck. This serene property has been tastefully restored with vintage hardware, lighting, doors and more. Kitchens and bathrooms have been updated for today’s modern conveniences along with a/c and heat in all units and newer roof. Each property has its own water heater. The front house has its own laundry inside while the 1/1 and studio share laundry. New fencing, alley and street access, plenty of off street parking, room to park RV, boat and more. The lot has endless possibilities (infinity pool?) or is beautiful to enjoy as-is.
Exterior Features

Exterior BrickWood Fencing Full Irrigation Drip Parking For RV On-Site ParkingPotential Space Parking Non Garage Desc Unit1 DetachedGated Parking Non Garage Desc Unit2 DetachedGated Parking Non Garage Desc Unit3 None Known Pool N/K Roof Composition Spa N/K Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3 View Valley/Canyon

Interior Features

Cooling Central Forced AirZoned Area(S) Furnished Units 1 Half Baths Unit1 1 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Zoned AreasForced Air UnitOther/Remarks Heat Source ElectricNatural Gas Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 2 Water Heater Type ElectricGasTankless

Property Features

Actual Cap Rate 5.1 Age Restrictions N/K Annual Expense Actual 6200 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community North Park Complex Park N/A Cross Streets 30th St And Redwood St Gross Rent Multiplier Actual 23.19 Gross Scheduled Income Actual 127200 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Other/Remarks Terms CashConventionalFhaVa Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 4500.0 Unit1 Rent Actual 0.0 Unit2 Deposit 1600 Unit2 Occupied Tenant Unit2 Projected Rent 2750.0 Unit2 Rent Actual 1850.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Projected Rent 1850 Unit3 Rent Actual 3500.0

San Diego MLS logo Listing provided courtesy of Anr Finance And Real Estate: 619-757-7740. 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