23
See all 23 photos
$1,195,000
Est. payment /mo
6 Beds
4 Baths
7,325 Sqft Lot
New
853 S 32nd St San Diego, CA 92113
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 260020132
Bedrooms 6
Full Baths 4
Year Built 1956
Lot Size 7,325 Sqft
Lot Dimensions 50X140
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting 853 S 32nd St, consisting of one detached 2bed/1ba home, one - 2bed/1bath and two - 1bed/1ba units on a 7,325 sq. foot corner lot. The units are well maintained and the corner unit was just completely remodeled and will be left vacant for potential owner/users and property tours. The detached home has a private backyard and the remainder have fenced patios/front yards. The property also has a detached garage that can be converted to an accessory dwelling unit (ADU) for additional income. Rents are under market providing substantial upside/value-add above a 6.2% with rent stabilization. NOTE: Entry CAP rate reflects the 2bed/1ba remodeled unit being vacant. The property is well located and resides in an Opportunity Zone, Transit Priority Area as well as the San Diego Promise Zone providing significant tax/development benefits and strong potential for continued gentrification in the region. It is within a 5 minute drive to Downtown San Diego, PETCO Park & the Convention Center, Coronado Island, the new Gaylord Development in Chula Vista and the San Diego Naval Base. Tenants enjoy close proximity to city transportation, trolleys and bus lines, freeway access, employment hubs, schools, restaurants and the property resides just south of the newly redeveloped Rodriguez Elementary School. The central location & property features make this a great investment opportunity for a first time investor, owner occupant or seasoned developer or existing owner looking to add to their portfolio.
Location
State CA
County San Diego
Area Metro Central
Zoning RM-1-1
Interior
Cooling Other/Remarks
Fireplace No
Exterior
Fence Full
View Y/N Yes
View City
Roof Type Composition
Building
Story 1
Level or Stories 1
Schools
School District San Diego Unified School Distric
Others
Senior Community No
Tax ID 550-051-01-00
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
Virtual Tour https://www.propertypanorama.com/instaview/snd/2601068
Listed by Cameron Ebrahimi, DRE#01820290 Bridgepoint Realty Inc
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION