Skip To Content

4755-57 Terrace Drive

San Diego, CA 92116
  • $1,579,000
  • STATUS: ACTIVE
  • ON SITE: 42 Days
  • ID#: 220016893
UPDATED: 20 min ago
$1,579,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,250
    SQFT
  • $702
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Kensington! Three units close to the village! Two bedroom one bath in front, studio in the middle and a one bedroom one bath in the rear over two garages. Rents have huge upside potential...some are long term but all on month to month. Very minimal annual expenses. Front tenant owns her own refrigerator and stove.Well maintained by long term owner. Much of the interiors are in original but very good condition. Photos represent all three units. Easy maintenance yard too. A great opportunity to own in the village!

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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/130487576
Print Image

4755-57 Terrace Drive San Diego, CA 92116

  • Price: $1,579,000
  • Status: ACTIVE
  • On Site: 42 Days
  • Updated: 20 min ago
  • ID#: 220016893
3
Beds
3
Baths
0
½ Baths
N/A
Acres
2,250
SQFT
$702
$/SQFT
1940
Built
Neighborhood:
Kensington
County:
San Diego
Area:
Normal Heights (92116)
Property Description
Kensington! Three units close to the village! Two bedroom one bath in front, studio in the middle and a one bedroom one bath in the rear over two garages. Rents have huge upside potential...some are long term but all on month to month. Very minimal annual expenses. Front tenant owns her own refrigerator and stove.Well maintained by long term owner. Much of the interiors are in original but very good condition. Photos represent all three units. Easy maintenance yard too. A great opportunity to own in the village!
Exterior Features

Exterior Stucco Fencing N/K Irrigation Other/Remarks Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 Attached Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 2 Roof Composition Site Alley Access Topography Level Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 1 Units With Patios 3 View N/K

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 1 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 1 Water Heater Type Gas

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 4500 Annual Expense Projected 0 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0.0 Community Kensington Complex Park N/A Cross Streets Alder Gross Rent Multiplier Actual 31.7 Gross Rent Multiplier Project 22.3 Gross Scheduled Income Actual 49740 Gross Scheduled Income Project 70800 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Yes Projected Cap Rate 0.0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 4755 Unit Number For Unit2 4755.5 Unit Number For Unit3 4757 Unit1 Deposit 1350 Unit1 Occupied Tenant Unit1 Projected Rent 2300.0 Unit1 Rent Actual 1350.0 Unit2 Deposit 1495 Unit2 Occupied Tenant Unit2 Projected Rent 1700.0 Unit2 Rent Actual 1495.0 Unit3 Deposit 1300 Unit3 Occupied Tenant Unit3 Projected Rent 1900 Unit3 Rent Actual 1300.0 Water Meter On Property

San Diego MLS logo Listing provided courtesy of Tristani Real Estate. Listing information © 2022 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_220016893-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_220016893-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_220016893-2.jpg
Logo
Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101