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4631-33 Conrad Ave

San Diego, CA 92117
  • $1,500,000
  • STATUS: ACTIVE
  • ON SITE: 55 Days
  • ID#: 230024369
Price Reduced
UPDATED: 19 min ago
$1,500,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,200
    SQFT
  • $682
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Description

Price Improvement ! Investors, we are thrilled to present this fabulous triplex located in the heart of Clairemont. This extraordinary property features a 3-bedroom, 2-bathroom front house spanning 1,200 square feet, a charming 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) measuring 550 square feet, and a cozy 1-bedroom, 1-bathroom junior unit encompassing 450 square feet. Each of these living spaces offers comfort and privacy for tenants, making it an ideal choice for both owner-occupants and savvy investors. Speaking of investors, this property holds immense appeal for those looking to expand their rental portfolio through SB-9 & AB-1033 projects or by converting additional space into an ADU. With limited availability of properties in the area, this is a rare opportunity to acquire a valuable asset in a highly desirable rental market. The existing home has been lovingly renovated with modern styling and amenities that rival new construction. Each ground-up unit comes with its own individual parking space, complete with an alley access automatic gate and an EV-Tesla charging station. Inside, you'll find a spacious layout, stainless steel appliances, abundant natural light, air conditioning, and the convenience of an in-unit washer/dryer. Step outside and discover an individual yard with lush synthetic grass and extra storage, providing the perfect outdoor space. And the location? It couldn't be more convenient! You'll be within walking distance of groceries, restaurants, theaters, and bus lines.

Monthly Payment Calculator

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/146240312
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4631-33 Conrad Ave San Diego, CA 92117

  • Price: $1,500,000
  • Status: ACTIVE
  • On Site: 55 Days
  • Updated: 19 min ago
  • ID#: 230024369
5
Beds
4
Baths
0
½ Baths
0.16
Acres
2,200
SQFT
$682
$/SQFT
1956
Built
Neighborhood:
Clairemont Villas
County:
San Diego
Area:
Clairemont Mesa (92117)
Property Description
Price Improvement ! Investors, we are thrilled to present this fabulous triplex located in the heart of Clairemont. This extraordinary property features a 3-bedroom, 2-bathroom front house spanning 1,200 square feet, a charming 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) measuring 550 square feet, and a cozy 1-bedroom, 1-bathroom junior unit encompassing 450 square feet. Each of these living spaces offers comfort and privacy for tenants, making it an ideal choice for both owner-occupants and savvy investors. Speaking of investors, this property holds immense appeal for those looking to expand their rental portfolio through SB-9 & AB-1033 projects or by converting additional space into an ADU. With limited availability of properties in the area, this is a rare opportunity to acquire a valuable asset in a highly desirable rental market. The existing home has been lovingly renovated with modern styling and amenities that rival new construction. Each ground-up unit comes with its own individual parking space, complete with an alley access automatic gate and an EV-Tesla charging station. Inside, you'll find a spacious layout, stainless steel appliances, abundant natural light, air conditioning, and the convenience of an in-unit washer/dryer. Step outside and discover an individual yard with lush synthetic grass and extra storage, providing the perfect outdoor space. And the location? It couldn't be more convenient! You'll be within walking distance of groceries, restaurants, theaters, and bus lines.
Exterior Features

Exterior Wood/Stucco Fencing FullGate Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 3 Units With Patios 3

Interior Features

Cooling Central Forced AirWall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Source Natural Gas Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 2 Units With Fireplaces 1 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 2

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 2880 Annual Expense Projected 2880 Association ID San Diego Association of REALTORS (SDAR) Buildings 3 Cfd Mello Roos Fee 0.0 Community CLAIREMONT Complex Park Clairemont Park Cross Streets Frink Ave Gross Rent Multiplier Actual 15.31 Gross Rent Multiplier Project 13.59 Gross Scheduled Income Actual 104400 Gross Scheduled Income Project 117600 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Yes Sales Restrictions N/K Security Automatic Gate Short Sale No Tenant Pays WaterCable TVElectricity Terms CashConventionalFHAVA Unit Number For Unit1 4631 Unit Number For Unit2 4632 Unit Number For Unit3 4633 Unit1 Deposit 3800 Unit1 Occupied Vacant Unit1 Projected Rent 4200.0 Unit1 Rent Actual 3800.0 Unit2 Deposit 2800 Unit2 Occupied Vacant Unit2 Projected Rent 3100.0 Unit2 Rent Actual 2800.0 Unit3 Deposit 2100 Unit3 Occupied Owner Unit3 Projected Rent 2500 Unit3 Rent Actual 2100.0 Water District CITY OF SAN DIEGO Zoning R-1:SINGLE

San Diego MLS logo Listing provided courtesy of Roberta O'banion of Fathom Realty Group, Inc: 858-205-3939. 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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