511-513 H Ave

    San Diego, CA 92118
    • $2,695,000
    • STATUS: ACTIVE
    • ON SITE: 14 days
    • ID#: 190037678
    UPDATED: 145 min ago
    $2,695,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,590
      SQFT
    • $1,041
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:

    Description

    The best of both worlds, this spacious 50ft x 140ft R-1B zoned duplex property located 1 block from Coronado Schools features a charming 1911 beach cottage in the front and single level ranch in the back. This is the perfect opportunity for a buyer looking for multi-generational compound or recurring rental income. The front cottage is 3 beds, 2.5 bath, plus an additional loft room and spacious basement. The back house is 3 bed, 1.5 baths with a modern open floorplan. Both properties have private yards.

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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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/96697946

    511-513 H Ave San Diego, CA 92118

    • Price: $2,695,000
    • Status: ACTIVE
    • Updated: 145 min ago
    • ID#: 190037678
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,590
    SQFT
    $1,041
    $/SQFT
    1911
    Built
    Neighborhood:
    Coronado Village
    County:
    San Diego
    Area:
    Coronado (92118)
    Elementary School:
    Coronado Unified School District
    Middle School:
    Coronado Unified School District
    High School:
    Coronado Unified School District
    Property Description
    The best of both worlds, this spacious 50ft x 140ft R-1B zoned duplex property located 1 block from Coronado Schools features a charming 1911 beach cottage in the front and single level ranch in the back. This is the perfect opportunity for a buyer looking for multi-generational compound or recurring rental income. The front cottage is 3 beds, 2.5 bath, plus an additional loft room and spacious basement. The back house is 3 bed, 1.5 baths with a modern open floorplan. Both properties have private yards.
    Exterior Features

    Exterior StuccoWood Fencing Full Frontage N/K Irrigation Automatic Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 Attached Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 1 Parking Non Garage Desc Unit1 Permit/DecalNone Known Parking Non Garage Desc Unit2 Permit/Decal Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Composition Site Alley AccessPublic StreetSidewalksStreet PavedWest Of I-5 Spa N/K Spa Heat None Known Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2 View N/K

    Interior Features

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

    Property Features

    Actual Cap Rate 1.28 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 11000 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0 Community Coronado Village Complex Features N/K Complex Park N/A Cross Streets 5th Street Gross Rent Multiplier Actual 62 Gross Rent Multiplier Project 25 Gross Scheduled Income Actual 43200 Gross Scheduled Income Project 108000 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area South Bay Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 76000 Other Fee Type N/K Other Fees 0 Other Income Actual 0 Possession Call Listing Agent Projected Cap Rate 2.8 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (Coaxial) Tenant Pays WaterCable TvElectricityGas/PropaneHot Water Terms CashConventionalFhaVa Unit Number For Unit1 511 Unit Number For Unit2 513 Unit1 Deposit 0 Unit1 Occupied Owner Unit1 Projected Rent 5000 Unit1 Rent Actual 0 Unit2 Deposit 3600 Unit2 Occupied Tenant Unit2 Projected Rent 4000 Unit2 Rent Actual 3600 Water Meter On Property Zoning R-1B

    Listing provided courtesy of Compass. Listing information © 2019 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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101