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    358 22nd Street

    San Diego, CA 92102
    • $1,650,000
    • STATUS: ACTIVE
    • ON SITE: 32 days
    • ID#: 210006074
    UPDATED: 137 min ago
    $1,650,000
    • 6
      BEDS
    • 0.11
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,764
      SQFT
    • $597
      $/SQFT
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    This trophy property located in the booming Sherman Heights area just blocks from Downtown San Diego, this 4-unit building is part of a package of 6 total units for sale. Incredible historic 4-plex has been fully refurbished & in wonderful shape. This property may be sold with 366-370 22nd St., (MLS #210006075) which has one 3 bdrm/2 bath unit & one 2 bdrm/2 bath unit. Potential room for more units. Stunning interiors loaded with historic charm. Lots of off-street parking Don’t miss this unusual opportunity to own 6-units in two separate historical buildings in the dynamic Sherman Heights area of San Diego. Both historic buildings are located on separate parcels. One is a duplex unit consisting of a 3 bedroom/2 bath unit and a 2 bedroom/2 bath unit. The other building is a fourplex consisting of (2) 1bedroom/1 bath units and (2) 2/bedroom/1 bath units. Both buildings have been completed restored, electrical, plumbing, roofs structurally and cosmetically inside. Newer kitchens, newer baths, refinished hardwood floors, new windows and doors and so much more. Both parcels are fully fenced with on-site parking and electronic gates. Sherman Heights is an up and coming gentrification neighborhood. Sherman Heights is comprised of many historically significant buildings, wide streets and close proximity to Downtown San Diego, Balboa Park and the San Diego Zoo. Three freeways are easily accessible from this location I-5, I-15 and Hwy 163. Additionally it located within 15 minutes of San Diego International Airport, the Santa Fe train station, bus lines, Mexico and the San Diego Trolley. Consider making these units into a condominium project and selling of the individual units separately or just holding in your portfolio. All properties will be shown with an accepted offer. Please do not disturb tenants.

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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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/114908267
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    358 22nd Street San Diego, CA 92102

    • Price: $1,650,000
    • Status: ACTIVE
    • Updated: 137 min ago
    • ID#: 210006074
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,764
    SQFT
    $597
    $/SQFT
    1923
    Built
    Neighborhood:
    Sherman Heights / Downtown
    County:
    San Diego
    Area:
    San Diego (92102)
    Property Description
    This trophy property located in the booming Sherman Heights area just blocks from Downtown San Diego, this 4-unit building is part of a package of 6 total units for sale. Incredible historic 4-plex has been fully refurbished & in wonderful shape. This property may be sold with 366-370 22nd St., (MLS #210006075) which has one 3 bdrm/2 bath unit & one 2 bdrm/2 bath unit. Potential room for more units. Stunning interiors loaded with historic charm. Lots of off-street parking Don’t miss this unusual opportunity to own 6-units in two separate historical buildings in the dynamic Sherman Heights area of San Diego. Both historic buildings are located on separate parcels. One is a duplex unit consisting of a 3 bedroom/2 bath unit and a 2 bedroom/2 bath unit. The other building is a fourplex consisting of (2) 1bedroom/1 bath units and (2) 2/bedroom/1 bath units. Both buildings have been completed restored, electrical, plumbing, roofs structurally and cosmetically inside. Newer kitchens, newer baths, refinished hardwood floors, new windows and doors and so much more. Both parcels are fully fenced with on-site parking and electronic gates. Sherman Heights is an up and coming gentrification neighborhood. Sherman Heights is comprised of many historically significant buildings, wide streets and close proximity to Downtown San Diego, Balboa Park and the San Diego Zoo. Three freeways are easily accessible from this location I-5, I-15 and Hwy 163. Additionally it located within 15 minutes of San Diego International Airport, the Santa Fe train station, bus lines, Mexico and the San Diego Trolley. Consider making these units into a condominium project and selling of the individual units separately or just holding in your portfolio. All properties will be shown with an accepted offer. Please do not disturb tenants.
    Exterior Features

    Exterior Wood Fencing FullGate Frontage N/K Irrigation N/K Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Parking Non Garage Desc Unit1 AssignedGatedUncovered Parking Non Garage Desc Unit2 AssignedGatedUnderground Parking Non Garage Desc Unit3 AssignedGatedUncovered Parking Non Garage Desc Unit4 AssignedGatedUncovered Pool N/K Roof Composition Site CurbsPublic StreetSidewalksStreet Paved Topography Level 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 2 View Evening Lights

    Interior Features

    Cooling Wall/Window 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 ElectricNatural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 4 Units With Dishwashers 4 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4 Water Heater Type Gas

    Property Features

    Actual Cap Rate 4.0 Age Restrictions N/K Annual Expense Actual 12168 Annual Expense Projected 12168 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community San Diego Complex Park - Cross Streets J Street Gross Rent Multiplier Actual 22.93 Gross Rent Multiplier Project 19.97 Gross Scheduled Income Actual 72921 Gross Scheduled Income Project 82620 Home Owners Assoc Fee Includes N/K Jurisdiction Incorporated Mandatory Remarks None Known Market Area Metro Central Miscellaneous N/K Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Yes Possession Other/Remarks Sales Restrictions N/K Security Automatic Gate Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (Coaxial) Tenant Pays Cable TvElectricity Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Deposit 1600 Unit1 Occupied Tenant Unit1 Rent Actual 1600.0 Unit2 Deposit 2035 Unit2 Occupied Tenant Unit2 Rent Actual 2035.0 Unit3 Deposit 1500 Unit3 Occupied Tenant Unit3 Rent Actual 1500.0 Unit4 Deposit 1750 Unit4 Occupied Tenant Unit4 Rent Actual 1750.0 Water Meter On Property Water District City Of San Diego

    Listing provided courtesy of Berkshire Hathaway Homeservice. Listing information © 2021 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 © 2021 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