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4563-67 51st St

San Diego, CA 92115
  • $1,750,000
  • STATUS: ACTIVE
  • ON SITE: 32 Days
  • ID#: 230000412
UPDATED: 29 min ago
$1,750,000
  • 6
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

READY for Occupancy! DESIREABLE TALMADGE Neighborhood! Unique & RARE OPPORTUNITY to own 3 NEWLY COMPLETELY REMODELED & PERMITTED homes 1 MILE to SDSU !! 3 all 'new' DREAM Units! BEST of All... UTILITY READY & SPACE for 4th HOUSE! (savings of 70k to build) Projected RENTS $17,700/Month based on current rentals in area. 3 ALL PERMITTED Homes**3bd/2ba unit** 2bd/2ba unit** Studio ADU** Or opt to LIVE IN ONE RENT others for GREAT supplement Income! Features incl: open floorplans, in-unit laundry closets , quartz counters, ss aplncs, wood laminate floors , and custom Tiled Baths! 7 DEDICATED PARKING SACES! Privacy decks /spaces, New roofs, Plumbing , Tankless water heaters & More! HIGH RENTS District! Ready for Occupancy! Builder options avail incl bid to build 4th house! Motivated Owners ready to Negotiate!!! Seller into project $1.5 m with extensive rehab, permitting and holding times. ***SEE LISTING Documents for SDSU Student projected Rents*** SHORT TERM RENTAL projected RENTS are: 3/2: $7000/mo, Studio $2500/mo, 2/2 rear house: $5600/mo. (data based upon actual STRs in area) Split A/C units negotiable (Value of $2600 ea with cost & labor) Builder options of refrigerators and washer/dryers negotiable***Any Builder options negotiated will be installed after COE*** PROPERTY has been COMPLETELY Rehabbed/Remodeled & Rebuilt from sewer lines, to electrical upgrades, tankless water heaters, new windows, repaired foundations and NEW concrete foundation in rear house. Sheer walls, new insulation, drywall, porches, roofs and much more! SCOPE OF WORK soon to be added to documents in listing.*** Tax records reflects 'old' information*** New permit info to be recorded imminently*** PERMITS on file***SEE DOCUMENTS for 'Standard' Projected Rents***SDSU is w/in 1 mile***HIGH RENT DISTRICT!*** LA has ownership interest in property***

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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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/135797820
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4563-67 51st St San Diego, CA 92115

  • Price: $1,750,000
  • Status: ACTIVE
  • On Site: 32 Days
  • Updated: 29 min ago
  • ID#: 230000412
6
Beds
5
Baths
0
½ Baths
N/A
Acres
1951
Built
Neighborhood:
Talmadge
County:
San Diego
Area:
San Diego (92115)
Property Description
READY for Occupancy! DESIREABLE TALMADGE Neighborhood! Unique & RARE OPPORTUNITY to own 3 NEWLY COMPLETELY REMODELED & PERMITTED homes 1 MILE to SDSU !! 3 all 'new' DREAM Units! BEST of All... UTILITY READY & SPACE for 4th HOUSE! (savings of 70k to build) Projected RENTS $17,700/Month based on current rentals in area. 3 ALL PERMITTED Homes**3bd/2ba unit** 2bd/2ba unit** Studio ADU** Or opt to LIVE IN ONE RENT others for GREAT supplement Income! Features incl: open floorplans, in-unit laundry closets , quartz counters, ss aplncs, wood laminate floors , and custom Tiled Baths! 7 DEDICATED PARKING SACES! Privacy decks /spaces, New roofs, Plumbing , Tankless water heaters & More! HIGH RENTS District! Ready for Occupancy! Builder options avail incl bid to build 4th house! Motivated Owners ready to Negotiate!!! Seller into project $1.5 m with extensive rehab, permitting and holding times. ***SEE LISTING Documents for SDSU Student projected Rents*** SHORT TERM RENTAL projected RENTS are: 3/2: $7000/mo, Studio $2500/mo, 2/2 rear house: $5600/mo. (data based upon actual STRs in area) Split A/C units negotiable (Value of $2600 ea with cost & labor) Builder options of refrigerators and washer/dryers negotiable***Any Builder options negotiated will be installed after COE*** PROPERTY has been COMPLETELY Rehabbed/Remodeled & Rebuilt from sewer lines, to electrical upgrades, tankless water heaters, new windows, repaired foundations and NEW concrete foundation in rear house. Sheer walls, new insulation, drywall, porches, roofs and much more! SCOPE OF WORK soon to be added to documents in listing.*** Tax records reflects 'old' information*** New permit info to be recorded imminently*** PERMITS on file***SEE DOCUMENTS for 'Standard' Projected Rents***SDSU is w/in 1 mile***HIGH RENT DISTRICT!*** LA has ownership interest in property***
Exterior Features

Exterior Stucco Fencing FullGate Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Non Garage Desc Unit1 GatedUncovered Parking Non Garage Desc Unit2 GatedUncovered Parking Non Garage Desc Unit3 Uncovered Roof Composition Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Wall/GravityN/K Heat Source Natural Gas Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 0 Units With Washers 0 Water Heater Type GasTankless

Property Features

Actual Cap Rate 0.0 Additional Property Use With Structures Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Talmadge Complex Park Talmadge Cross Streets Monroe Ave Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays N/K Terms CashConventionalFhaVa Unit Number For Unit1 4565 Unit Number For Unit2 4567 Unit Number For Unit3 4563 Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 6600.0 Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 2400.0 Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Owner Unit3 Projected Rent 4400 Unit3 Rent Actual 0.0

San Diego MLS logo Listing provided courtesy of Exp Realty: [IDXCONTACTINFORMATION]. Listing information © 2023 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101