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3625-27 29Th St

San Diego, CA 92104
  • $1,599,000
  • STATUS: ACTIVE
  • ON SITE: 15 Days
  • ID#: 240009695
UPDATED: 97 min ago
$1,599,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,346
    SQFT
  • $682
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

Amazing opportunity to own 3 units in the heart of booming North Park! 1 detached Craftsman home, with 2 units in the back. Unit 1 is 2 Bed/1 Bath house, approx 968 sq ft. Rear upstairs Unit is 2 Bed/1 Bath approx 828 sq ft, Downstairs Unit is 1 bed/1 bath approx 550 sq ft. Zoned RS1-7 w/potential to add an ADU. Includes a large 1 Car Garage, and small private back patio space. Great cash flow and rent potential, walking distance to all the restaurants, bars, and shops that North Park has to offer! Rear 2 units have owned solar!

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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/150169494
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3625-27 29Th St San Diego, CA 92104

  • Price: $1,599,000
  • Status: ACTIVE
  • On Site: 15 Days
  • Updated: 97 min ago
  • ID#: 240009695
5
Beds
3
Baths
0
½ Baths
0.1
Acres
2,346
SQFT
$682
$/SQFT
1922
Built
Neighborhood:
North Park
County:
San Diego
Area:
North Park (92104)
Property Description
Amazing opportunity to own 3 units in the heart of booming North Park! 1 detached Craftsman home, with 2 units in the back. Unit 1 is 2 Bed/1 Bath house, approx 968 sq ft. Rear upstairs Unit is 2 Bed/1 Bath approx 828 sq ft, Downstairs Unit is 1 bed/1 bath approx 550 sq ft. Zoned RS1-7 w/potential to add an ADU. Includes a large 1 Car Garage, and small private back patio space. Great cash flow and rent potential, walking distance to all the restaurants, bars, and shops that North Park has to offer! Rear 2 units have owned solar!
Exterior Features

Exterior StuccoWood Fencing Partial Irrigation Drip Parking Garage Desc Unit1 Detached Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Non Garage Desc Unit1 TandemUncovered Parking Non Garage Desc Unit2 None Known Parking Non Garage Desc Unit3 None Known Pool N/K Roof Composition Site Public StreetSidewalksStreet Paved Spa N/K Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 1 View N/K

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment FireplaceWall/Gravity Heat Source Natural Gas Stories Other/Remarks Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Units With Cooling 1 Units With Dishwashers 3 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 3 Units With Refrigerators 2 Units With Washers 0 Water Heater Type Gas

Property Features

Actual Cap Rate 2.5 Age Restrictions N/K Annual Expense Actual 13327 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community NORTH PARK Complex Park n/k Cross Streets Landis Gross Rent Multiplier Actual 28.0 Gross Rent Multiplier Project 16.0 Gross Scheduled Income Actual 56912 Gross Scheduled Income Project 102000 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Net Operating Income Projected 88673 Other Fees 0.0 Other Income Actual 0 Possession Close of Escrow Projected Cap Rate 5.2 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays N/K Terms CashConventionalExchangeVA Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 3500.0 Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 3000.0 Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Vacant Unit3 Projected Rent 2000 Unit3 Rent Actual 0.0 Vacation Rental By Owner No Water Meter on Property Zoning R-3:RESTRI

San Diego MLS logo Listing provided courtesy of Jeff Hinds of Compass: 858-229-6958. 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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