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Key Details
Sold Price $1,015,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,634 sqft
Price per Sqft $621
MLS Listing ID 230023380
Sold Date 01/25/24
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 2008
Lot Size 5,115 Sqft
Lot Dimensions 101x51
Property Description
2 Single Family Homes on one lot! Located in Opportunity Zone + Complete Communities Tier 3 with 85' heigh limit. 5.57%-6.21% Cap Rate! Fresh remodel of 1,634sqft house + detached 1BR house, perfect for owner occupants, large family compound, or investment with significant development upside! Cash in on $7,300 monthly income or a beautiful home to reside with income producing second house while pulling permits to build 20+ units. Mature, producing avocado and lemon tree, washer dryer hookups for both houses, new electrical, newer roof, electric fireplace in main home, patios and AC for both houses. First floor primary bedroom with ensuite bath and sliding glass doors to the exterior patio. Drought free landscaping throughout. Steps from the trolley which can take you wherever you need to go in San Diego.
Location
State CA
County San Diego
Area Logan Heights (92113)
Building/Complex Name .
Zoning CN-1-3
Interior
Heating Electric
Cooling Wall/Window
Fireplaces Number 1
Appliance Fireplace
Exterior
Exterior Feature Stucco
Fence Full
Roof Type Composition
Building
Lot Description Corner Lot
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Space Rent $4,500
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
Financing Conventional
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Bought with Andrew Eakes • Pemberley Realty Inc.