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3067-69 Grape St

San Diego, CA 92102
  • $1,475,000
  • STATUS: ACTIVE
  • ON SITE: 79 Days
  • ID#: 230023892
UPDATED: 45 min ago
$1,475,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Description

Welcome to the prime investment opportunity at 3067-69 Grape Street in San Diego's vibrant South Park community! This exceptional property boasts four units ideal for savvy investors seeking a lucrative venture. Nestled in a charming canyon location, this gem offers proximity to an array of local amenities – from trendy shops and cafes to the lush Morley Field and downtown attractions. Each unit features renovated bathrooms and kitchens, ensuring modern comfort and style. Convenience meets functionality with on-site laundry facilities, enhancing tenant satisfaction and ease of management. With its strategic location near freeways and downtown, this property promises not just a place to call home but a smart investment in a sought-after locale. Don't miss the chance to be part of the thriving South Park community while seizing an incredible investment opportunity! It's more than a home. It's a Lifestyle!

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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/146018952
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3067-69 Grape St San Diego, CA 92102

  • Price: $1,475,000
  • Status: ACTIVE
  • On Site: 79 Days
  • Updated: 45 min ago
  • ID#: 230023892
3
Beds
4
Baths
0
½ Baths
0.07
Acres
1928
Built
Neighborhood:
South Park
County:
San Diego
Area:
San Diego (92102)
Property Description
Welcome to the prime investment opportunity at 3067-69 Grape Street in San Diego's vibrant South Park community! This exceptional property boasts four units ideal for savvy investors seeking a lucrative venture. Nestled in a charming canyon location, this gem offers proximity to an array of local amenities – from trendy shops and cafes to the lush Morley Field and downtown attractions. Each unit features renovated bathrooms and kitchens, ensuring modern comfort and style. Convenience meets functionality with on-site laundry facilities, enhancing tenant satisfaction and ease of management. With its strategic location near freeways and downtown, this property promises not just a place to call home but a smart investment in a sought-after locale. Don't miss the chance to be part of the thriving South Park community while seizing an incredible investment opportunity! It's more than a home. It's a Lifestyle!
Exterior Features

Exterior Wood/Stucco Fencing Gate Irrigation N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Parking Spaces Total Unit1 0.0 Parking Spaces Total Unit2 0.0 Parking Spaces Total Unit3 0.0 Parking Spaces Total Unit4 0.0 Roof Composition Site CurbsPublic StreetSidewalks Spa N/K Topography Canyon/ValleySlope Steep Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 4 View Valley/Canyon

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0 Water Heater Type Gas

Property Features

Actual Cap Rate 4.37 Age Restrictions N/K Annual Expense Actual 18909 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Complex Park N/A Cross Streets Fern Street Gross Rent Multiplier Actual 17.0 Gross Scheduled Income Actual 84800 Home Owners Fees 0.0 Jurisdiction Incorporated Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Allowed w/Restrictions Possession Other/Remarks Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (coaxial) Tenant Pays WaterCable TVElectricityGas/PropaneHot Water Terms CashConventionalExchangeFHAVA Unit Number For Unit1 3069A Unit Number For Unit2 2069B Unit Number For Unit3 3067A Unit Number4 3067B Unit1 Deposit 2550 Unit1 Occupied Tenant Unit1 Projected Rent 2600.0 Unit1 Rent Actual 2350.0 Unit2 Deposit 1750 Unit2 Occupied Tenant Unit2 Projected Rent 2000.0 Unit2 Rent Actual 1750.0 Unit3 Deposit 1750 Unit3 Occupied Tenant Unit3 Projected Rent 1700 Unit3 Rent Actual 1550.0 Unit4 Deposit 1695 Unit4 Occupied Tenant Unit4 Projected Rent 1900 Unit4 Rent Actual 1695.0 Water Meter on Property Water District CITY OF SAN DIEGO Zoning R-2:MINOR

San Diego MLS logo Listing provided courtesy of Richard Woods of Woods Real Estate Services Inc: 619-347-9866. 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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