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3114 Menlo Ave

San Diego, CA 92105
  • $975,000
  • STATUS: ACTIVE
  • ON SITE: 49 Days
  • ID#: 240009618
$975,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

Description

Prime Opportunity to create cash flow while getting income from a great property. Located on a quiet street at the end of City Heights this 2 unit property offers great cash flow and amazing panoramic views. Each unit currently has assigned parking on site as well a private access. With over $60K in renovations completed in the last 12 months. Looking for more cashflow? Check out the Feasibility Study completed that shows you how to add an additional 5 units to this property using the updated code here in San Diego. Rarely do you get an opportunity for existing income, followed by more income without destroying the home that is there!

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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/150150613
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3114 Menlo Ave San Diego, CA 92105

  • Price: $975,000
  • Status: ACTIVE
  • On Site: 49 Days
  • ID#: 240009618
3
Beds
2
Baths
0
½ Baths
0.14
Acres
1952
Built
Neighborhood:
Swan Canyon
County:
San Diego
Area:
East San Diego (92105)
Property Description
Prime Opportunity to create cash flow while getting income from a great property. Located on a quiet street at the end of City Heights this 2 unit property offers great cash flow and amazing panoramic views. Each unit currently has assigned parking on site as well a private access. With over $60K in renovations completed in the last 12 months. Looking for more cashflow? Check out the Feasibility Study completed that shows you how to add an additional 5 units to this property using the updated code here in San Diego. Rarely do you get an opportunity for existing income, followed by more income without destroying the home that is there!
Exterior Features

Exterior Stucco Fencing FullGate Frontage Canyon Irrigation N/K Parking Garage Desc Unit1 AttachedTandem Parking Garage Desc Unit2 AssignedGated Roof Composition Site Alley Access Topography Bluff/Canyon Rim Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 1 View CityMountains/HillsPanoramicValley/Canyon

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Wall/Gravity Heat Source Natural Gas 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 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2 Water Heater Type Gas

Property Features

Actual Cap Rate 0.0 Additional Property Use ORMKS Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community CITY HEIGHTS Complex Features N/K Complex Park NA Cross Streets Thorn Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 30000 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fee Type N/K 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 FeesOther/Remarks Terms Cal VetConventionalFHAVA Unit Number For Unit1 3114 Unit Number For Unit2 Owner Unit1 Deposit 2500 Unit1 Occupied Tenant Unit1 Projected Rent 2500.0 Unit1 Rent Actual 2500.0 Unit2 Deposit 0 Unit2 Occupied Owner Unit2 Rent Actual 0.0 Water Meter on Property Zoning R-2:MINOR

San Diego MLS logo Listing provided courtesy of Andrew Greer of Real Broker: 858-703-7361. 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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The Neuman Team
516 5th Avenue
San Diego CA, 92101