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3354-70 1ST AVE

San Diego, CA 92103
  • $4,799,000
  • STATUS: PENDING
  • ON SITE: 24 Days
  • ID#: 220009986
Pending
UPDATED: 51 min ago
$4,799,000
  • 14
    BEDS
  • 0.22
    ACRES
  • 9
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

1st TIME OFFERING in over 45 YEARS...ICONIC TROPHY LOCATION and PROPERTY...BANKERS HILL, 1ST and UPAS....1938 MID CENTURY ART DECO ARCHITECTURE...ALL THE UNITS ARE LIKE MINI HOMES WITH LIVING ROOMS AND HALLWAYS,CLOSE TO 850 SQ FT PER UNIT.(2 BED UNIT).SPECTACULAR MIX OF UNITS, 4 X 2 BED/1 BATHS,2 X 2 BED/1.5 BATH, 2 X 1 BED/BATH + OVERSIZED STUDIO...4 SEPARATE STRUCTURES,5 Garages,2 COMMON LAUNDRY....WALKING DISTANCE TO MISSION HILLS,HILLCREST,BALBOA PARK AND DOWNTOWN AND HOSPITALS! CONVENIENTLY LOCATED CLOSE COFFEE,PARKS,DINING,BANKS,SHOPPING..POTENTIAL FOR 30% UPSIDE BASED ON CURRENTS RENT

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San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/128104561
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3354-70 1ST AVE San Diego, CA 92103

  • Price: $4,799,000
  • Status: PENDING
  • On Site: 24 Days
  • Updated: 51 min ago
  • ID#: 220009986
14
Beds
9
Baths
2
½ Baths
0.22
Acres
Neighborhood:
Mission Hills (92103)
County:
San Diego
Area:
Mission Hills (92103)
Property Description
1st TIME OFFERING in over 45 YEARS...ICONIC TROPHY LOCATION and PROPERTY...BANKERS HILL, 1ST and UPAS....1938 MID CENTURY ART DECO ARCHITECTURE...ALL THE UNITS ARE LIKE MINI HOMES WITH LIVING ROOMS AND HALLWAYS,CLOSE TO 850 SQ FT PER UNIT.(2 BED UNIT).SPECTACULAR MIX OF UNITS, 4 X 2 BED/1 BATHS,2 X 2 BED/1.5 BATH, 2 X 1 BED/BATH + OVERSIZED STUDIO...4 SEPARATE STRUCTURES,5 Garages,2 COMMON LAUNDRY....WALKING DISTANCE TO MISSION HILLS,HILLCREST,BALBOA PARK AND DOWNTOWN AND HOSPITALS! CONVENIENTLY LOCATED CLOSE COFFEE,PARKS,DINING,BANKS,SHOPPING..POTENTIAL FOR 30% UPSIDE BASED ON CURRENTS RENT
Exterior Features

Carports 0 Construction BlockLath/PlasterStucco Exterior Front SprinklersRear Sprinklers Parking Garages Parking Spaces Total 5 Roof Composition Units With Garages 5

Interior Features

Cooling Wall/Window Floor Coverings HardwoodTileVinyl Floors Other/Remarks Heating Floor FurnaceWall Laundry Leased Sq Ft Of Improvement 6800 Stories 2 Story Units With Dishwashers 0 Units With Disposals 0

Property Features

Actual Gross Scheduled Income 175260.0 Actual Operating Expense Owner Of 40+ Years Assumable Finance 0 Buildings 4 Existing Financing Clear Financial Information Source Owner Gross Equity 100 Gross Multiplier 27 Have 9 UNITS-FLAT LOT WITH OP Leased Apartments 8 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 14605 Motive Want Sell Present Loan 0 Projected Gross Multiplier 18 Projected Gross Scheduled Inc 273600 Short Sale No Sq Ft Source Buyer To Verify Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Terms CashCash To New LoanExchange DownExchange Up Unit Number1 3354 Unit Number2 3356 Unit Number3 3358 Unit Number4 107 Unit Number5 109 Unit Number6 3364 Unit Number7 3366 Unit Number8 3368 Unit Number9 3370 Unit Rent Total1 2100 Unit Rent Total2 1915 Unit Rent Total3 1000 Unit Rent Total4 550 Unit Rent Total5 1500 Unit Rent Total6 2100 Unit Rent Total7 1925 Unit Rent Total8 1914 Unit Rent Total9 1600 Unit Rent1 2100 Unit Rent2 1915 Unit Rent3 1000 Unit Rent4 550 Unit Rent5 1500 Unit Rent6 2100 Unit Rent7 1925 Unit Rent8 1914 Unit Rent9 1600 Unit Type DuplexFourplexFree Standing Zoning Apt 5+

San Diego MLS logo Listing provided courtesy of Keller Williams Sd Metro. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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