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4109-4111 Ibis St

San Diego, CA 92103
  • $1,599,000
  • STATUS: ACTIVE
  • ON SITE: 212 Days
  • ID#: 210007221
UPDATED: 80 min ago
$1,599,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,034
    SQFT
  • $786
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

Description

BACK ON MARKET Located on Ibis St, this duplex is in a highly desirable area of North Mission Hills. Walkable to grocery stores, restaurants and shops. Building has 3 levels, Street Level has 3 BR - 1ba, 1085 sq ft, with garage and balcony. Mid level is a 2 BR- 1ba, 975 sq ft, with den/office (not included in sq/ft) and large balcony/deck and side yard. Lower level is an unpermitted 1BR-1ba, 550 sq ft, with a patio and yard. Lot size is 3990 sq ft and all units have view of the lush canyon. Upgrades include; Nov 2020 new roof, 2018 upgraded electrical, 2017 bathroom remodel and all new plumbing in baths, 2015 mid level deck, 2012 replaced sewer line. Units have long term tenants for immediate rental income. Great investment opportunity, quick to rent!

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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/115303456
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4109-4111 Ibis St San Diego, CA 92103

  • Price: $1,599,000
  • Status: ACTIVE
  • Updated: 80 min ago
  • ID#: 210007221
5
Beds
2
Baths
0
½ Baths
0.09
Acres
2,034
SQFT
$786
$/SQFT
1926
Built
Neighborhood:
No Mission Hills
County:
San Diego
Area:
Mission Hills (92103)
Elementary School:
San Diego Unified School District
Middle School:
San Diego Unified School District
High School:
San Diego Unified School District
Property Description
BACK ON MARKET Located on Ibis St, this duplex is in a highly desirable area of North Mission Hills. Walkable to grocery stores, restaurants and shops. Building has 3 levels, Street Level has 3 BR - 1ba, 1085 sq ft, with garage and balcony. Mid level is a 2 BR- 1ba, 975 sq ft, with den/office (not included in sq/ft) and large balcony/deck and side yard. Lower level is an unpermitted 1BR-1ba, 550 sq ft, with a patio and yard. Lot size is 3990 sq ft and all units have view of the lush canyon. Upgrades include; Nov 2020 new roof, 2018 upgraded electrical, 2017 bathroom remodel and all new plumbing in baths, 2015 mid level deck, 2012 replaced sewer line. Units have long term tenants for immediate rental income. Great investment opportunity, quick to rent!
Exterior Features

Exterior Stucco Fencing Full Roof Rolled/Hot MopTile/Clay Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 3

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Stories 3 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Units With Cooling 1 Units With Dishwashers 1 Units With Dryers 1 Units With Fireplaces 2 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 1

Property Features

Actual Cap Rate 3.2 Age Restrictions N/K Annual Expense Actual 12200 Annual Expense Projected 26800 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community San Diego Complex Park No Mission Hills Cross Streets West Lewis St Gross Rent Multiplier Actual 25.75 Gross Rent Multiplier Project 17.49 Gross Scheduled Income Actual 66000 Gross Scheduled Income Project 97200 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Net Operating Income Projected 70400 Other Fees 0.0 Other Income Actual 0 Pets Yes Projected Cap Rate 4.1 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Cable TvElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 4109 Unit Number For Unit2 4111 Unit1 Deposit 700 Unit1 Occupied Tenant Unit1 Projected Rent 3000.0 Unit1 Rent Actual 2400.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 3200.0 Unit2 Rent Actual 1750.0 Zoning R-3:Restri

Listing provided courtesy of Mhf Properties. 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