1018-1026 Pennsylvania Ave

    San Diego, CA 92103
    • $1,049,000
    • STATUS: ACTIVE
    • ON SITE: 8 days
    • ID#: 190001503
    UPDATED: 57 min ago
    $1,049,000
    • 4
      BEDS
    • 0.24
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,750
      SQFT
    • $599
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2013
    County:

    School Ratings & Info

    Description

    Opportunity knocks!! This 3 unit property is located in a great part of Hillcrest, that is just a short walking distance to the all the shops and restaurants. The property is currently 3 individual cottages with 3 parking spaces plus a garage. There are many possibilities with this property; keep the property as 3 units, fix them up and increase rents, redevelop the lot into new condos or townhouses, or build one large single-family home with a huge backyard.

    Monthly Payment Calculator

    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.ascenthomefinder.com/homes/90667937

    1018-1026 Pennsylvania Ave San Diego, CA 92103

    • Price: $1,049,000
    • Status: ACTIVE
    • Updated: 57 min ago
    • ID#: 190001503
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.24
    Acres
    1,750
    SQFT
    $599
    $/SQFT
    2013
    Built
    Neighborhood:
    University Heights
    County:
    San Diego
    Area:
    Mission Hills (92103)
    Property Description
    Opportunity knocks!! This 3 unit property is located in a great part of Hillcrest, that is just a short walking distance to the all the shops and restaurants. The property is currently 3 individual cottages with 3 parking spaces plus a garage. There are many possibilities with this property; keep the property as 3 units, fix them up and increase rents, redevelop the lot into new condos or townhouses, or build one large single-family home with a huge backyard.
    Exterior Features

    Exterior Wood Fencing Full Frontage Canyon Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Wall/Gravity Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 1 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0

    Property Features

    Actual Cap Rate 3.03 Age Restrictions N/K Annual Expense Actual 1415 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0 Community University Heights Complex Park N/K Cross Streets 10th Ave Gross Rent Multiplier Actual 22.13 Gross Scheduled Income Actual 3800 Home Owners Fees 0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1018 Unit Number For Unit2 1022 Unit Number For Unit3 1026 Unit1 Deposit 1400 Unit1 Occupied Tenant Unit1 Projected Rent 1650 Unit1 Rent Actual 1200 Unit2 Deposit 1200 Unit2 Occupied Tenant Unit2 Projected Rent 1650 Unit2 Rent Actual 1200 Unit3 Deposit 1200 Unit3 Occupied Tenant Unit3 Projected Rent 1850 Unit3 Rent Actual 1400 Zoning R-2:Minor

    Listing provided courtesy of Willis Allen Real Estate. Listing information © 2019 San Diego MLS, Inc.
    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.
     
    Ascent Real Estate, Inc.
    410 Kalmia Street
    San Diego CA, 92101
    //insight.adsrvr.org/track/conv/?adv=huc34ur&ct=0:czba6zn&fmt=3