The median home value in San Diego, CA is $950,000.
This is
higher than
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The national median home value is $308,980.
The average price of homes sold in San Diego, CA is $950,000.
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compared to 42% rented, while
10% are vacant.
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Owner believes this is a development opportunity. Planned PLU says "1200 mixed use". Possible mixed use or residential multi unit development (maybe low income units ?). Currently the lot has 51' of street frontage with curb cut. It sits opposite a City park and close to transport hubs. Currently is a very well maintained 3 unit property. Front original house is a "beauty bar' salon. Property also has 2 well maintained residential bungalows ( a 2 bedroom and a 1 bedroom unit) . Also has a 20'x20' storage building rented seperately. Lots of parking spaces.
4502 40th Street in San Diego, California is a turn-key, 6-unit apartment building. The buyer can assume the existing 3.76% interest loan with Chase Bank. The loan is for $1,000,000 and runs until February 2029. All units have been recently renovated, with the most recent remodels taking place in 2024. The building is comprised of 4 two-bedroom/two-bathroom units and 2 one-bedroom/one-bathroom units. All units are spacious with large windows that create bright living areas. The property has an onsite laundry room that produces additional income, as well as having an owners storage room. This attractive 5,040 SF building with seven-plus off-street parking spaces is located in the highly desirable residential neighborhood of Normal Heights. The apartment is a stones throw from a pedestrian bridge that takes residents into Kensington. Residents are also only a 10-minute walk to vibrant Adams Avenue or a short walk to downtown Kensington. This renovated investment property has a history of being 100% occupied and is currently filled with quality residents who pay their rent on-time and are all current on their rental payments. In May 2024 a new torch-down roof was installed, which has a 10-year warranty. Numerous other capital expenditures include: upgraded new sewer pipe from the building to the city sewer main, all windows have been upgraded with replacement windows, new kitchen countertops, new tiled walk-in showers, new vinyl plank flooring, new light fixtures, ceiling fans, appliances and more. 30-year loan matures Feb. 1, 2052. Ceiling is 9.5% Floor is 2.5%
***Submit ALL offers! Seller has found an upleg*** We are pleased to present 3204 Collier Ave. in the sought after neighborhood of Normal Heights. This 8 unit apartment complex has been completely renovated in the last 6 months with over $750,000 in capital improvements. There are four large 1bedroom/1bath units, two 2bedroom/1bath units, and one 2bedroom/2bath unit. All units have been extensively remodeled with high-end finishes including flooring, paint, and appliances. All units all have new washer/dryers, splits with A/C and heat, and tankless water heaters. The exterior renovations include a new roof, concrete, landscape and stucco. With brand new market rent leases and RUBs in place, this 8 unit apartment complex is perfect for an investor looking for low maintenance and low management with a true 5% CAP with new taxes and insurance. Potential to for an investor to convert garages into ADU's for additional income.
Assumable Debt @ 3.19% - current balance $1,290,000. Excellent Location 92 Walk Score supports significant increase in current rents. Unit mix consists of (2) 2bedroom/2baths, and (7) XL 1bedroom/1baths. Building in Great Condition & professionally managed.
JUST REDUCED!!! Great University Heights location just one and a half blocks from Adams Ave. Gated entry and common patio space. Built in 1972. Year built and Gross Sq.Ft. information was provided by seller. Five open and four tuck-under parking spaces. Tuck under parking could be converted to ADUs based on CA density bonus law and city of San Diego's more generous interpretation. Renovation can boost rents significantly. It is close to shopping, restaurants, schools and major freeways.
Rare Opportunity, Prime Investment Area, Vintage Income Property Just Steps From 'The Village' In Kensington, One of the Best Rental Districts in All of the Metro Area, 1 Home (2 Bed 1 Bath, $3,080 Rent) , 1 Cottage (1 Bed 1 Bath, $2,495 a Month) AND a Duplex (Each 1 Bed 1 Bath, $1,645 Rent and $1,645 Rent), Four Units Total, 2 Parking Spaces off the Alley, Common Area Laundry Room for Added Income. The Five-Block Downtown Kensington District is Full of Small Trendy Shops and More Than a Dozen Restaurants, a Public Library & Children's Park, Other Businesses Include Chase Bank, Starbucks, Several Salons, a Gym, a Deli, an Organic Grocer, an Ice Cream Parlor and a Yoga Studio.
Free Standing building. Owner/User Investment Property. Two Story Commercial- residential/office. Live & Work - Unique Property - Must See! Perfect for small business owner or anyone working remotely. Residential and office remodeled. Plenty of natural light! Upstairs living and downstairs with laundry area including new washer and dryer/Office space. Plus bonus storage room/garage attached. Private fenced cement slab yard and covered patio. Development Opportunities.
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