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Address Not Available By Request

San Diego, CA 92102
  • $878,988
  • STATUS: ACTIVE
  • ON SITE: 22 Days
  • ID#: 240012250
$878,988
  • 6
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,313
    SQFT
  • $380
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Description

3 units Below Market Value ! Huge Opportunity for high vacation rental income! Beautiful style craftsman Two bedroom two bath with optional third bedroom house with 2 detached manufactured homes. Have plans to permit the manufactured homes. Perfect opportunity for cash investor or general contractor to rehab and update interior on 2 adu units.Minutes to downtown San Diego. 1# unit 2 bedroom 1 bath 2# unit 2 bedroom 1 bath. Zoned for a Potential third bonus adu affordable unit. New permitted owned Solar system The adu homes are fixers and need rehabbing. No Va , conventional or FHA financing. Cash or hard money only Tax records show 938 ft.² for the main single-family detached. Per appraiser with bonus room is 1138 ft.² The permit status is unknown and total square footage for bonus room is unverified by seller. These units are in the Opportunity Zone time! Also in the High Transit,Overlay and Promise zones. The price is firm , so do contact me with any intent to offer less. Cash price is List price . Seller is a licensed a real estate agent

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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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/151168030
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Address Not Available By Request San Diego, CA 92102

  • Price: $878,988
  • Status: ACTIVE
  • On Site: 22 Days
  • ID#: 240012250
6
Beds
4
Baths
0
½ Baths
N/A
Acres
2,313
SQFT
$380
$/SQFT
1929
Built
Neighborhood:
Grant Hill
County:
San Diego
Area:
San Diego (92102)
Property Description
3 units Below Market Value ! Huge Opportunity for high vacation rental income! Beautiful style craftsman Two bedroom two bath with optional third bedroom house with 2 detached manufactured homes. Have plans to permit the manufactured homes. Perfect opportunity for cash investor or general contractor to rehab and update interior on 2 adu units.Minutes to downtown San Diego. 1# unit 2 bedroom 1 bath 2# unit 2 bedroom 1 bath. Zoned for a Potential third bonus adu affordable unit. New permitted owned Solar system The adu homes are fixers and need rehabbing. No Va , conventional or FHA financing. Cash or hard money only Tax records show 938 ft.² for the main single-family detached. Per appraiser with bonus room is 1138 ft.² The permit status is unknown and total square footage for bonus room is unverified by seller. These units are in the Opportunity Zone time! Also in the High Transit,Overlay and Promise zones. The price is firm , so do contact me with any intent to offer less. Cash price is List price . Seller is a licensed a real estate agent
Exterior Features

Exterior Other/RemarksWood/Stucco Fencing Full Roof CompositionOther/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

Interior Features

Cooling Central Forced Air Furnished Units 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 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 No Units With Cooling 1 Units With Dishwashers 1 Units With Dryers 1 Units With Fireplaces 1 Units With Range Oven 1 Units With Refrigerators 1 Units With Washers 1

Property Features

Actual Cap Rate 5.25 Age Restrictions N/K Annual Expense Actual 19000 Association ID San Diego Association of REALTORS (SDAR) Buildings 3 Cfd Mello Roos Fee 0.0 Community SAN DIEGO Complex Park N/A Cross Streets 28th Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 99800 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Other/Remarks Terms CashOther/Remarks Unit Number For Unit1 2778 Unit Number For Unit2 2780 -1 Unit Number For Unit3 2780-2 Unit1 Deposit 3500 Unit1 Occupied Vacant Unit1 Projected Rent 3500.0 Unit1 Rent Actual 0.0 Unit2 Deposit 2800 Unit2 Occupied Vacant Unit2 Projected Rent 2800.0 Unit2 Rent Actual 0.0 Unit3 Deposit 2000 Unit3 Occupied Vacant Unit3 Projected Rent 2000 Unit3 Rent Actual 0.0 Zoning RM-1

San Diego MLS logo Listing provided courtesy of Jim Majeski of Premier Realty Associates: 619-302-0855. 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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The Neuman Team
516 5th Avenue
San Diego CA, 92101