$1,225,000
$1,259,995
2.8%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 06/21/2018
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 180023681
Sold Date 06/21/18
HOA Y/N No
Year Built 1933
Lot Size 6,534 Sqft
Property Description
Amazing opportunity to own great income generating multi unit in South Park, with possibility of splitting the lot. Great for living in one and renting out the other two or just keep as an investment property. South Park is a growing hot bed for premium rental income and this is the opportunity to own a great property in that neighborhood. Recently renovated interiors as well as newly upgraded exterior of property will generate even higher rental incomes. Currently all three units are tenant occupied. Great investment opportunity for a income generating property, possibility of splitting the lot, owners can live in one unit and rent out other two. Recently remodeled interior in all three units and complete makeover of exterior patios and common areas of the unit make this a very appealing property for renters. One off street parking for each unit make this property even more unique as well as a garage accessible from the alley. This property is two buildings and three units each have there own private patio/balcony area as well as a massive yard great for entertaining and hosting outdoors. The property can be accessed via Edgemont street or the alley which is closed off to through traffic. Beautiful craftsman style multi unit in South park, within walking distance to great nightlife and food as well as easy access to downtown, I5, 94 as well as balboa park. Property is only 3 unit property on block due to zoning changes as of Jan 2017 Property was grandfathered in. Due to tenant occupancy only shown with accepted offer. Home is back on market, Buyers unable to perform. Neighborhoods: South Park Other Fees: 0 Unit # for Unit 1: 1725 Unit # for Unit 2: 1727 Unit # for Unit 3: 1735 Number of Furnished Units: 0
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning R-2:MINOR
Interior
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Tax ID 5393060500
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with Amy Yahnke • SD Real Estate Solutions
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Broker Associate | Lic# 01905244