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    Address Not Available By Request

    San Ysidro, CA 92173
    • $1,000,000 - $1,200,000
    • STATUS: ACTIVE
    • ON SITE: 47 days
    • ID#: 200052770
    UPDATED: 190 min ago
    $1,000,000 - $1,200,000
    • 4
      BEDS
    • 1.11
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,692
      SQFT
    • $446
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    325-335 Mesa Avenue is a two-on-one multi-family dwelling built in 1948 that consists of one (1) four-bedroom/three-and a half bath single-family residence and one (1) studio/one-bath unit totaling approximately 2,692 rentable square feet. Both structures feature wood-frame, stucco exteriors and pitched roofs. Tenants enjoy abundant on-site parking. The property’s appeal however, lies on its development potential. It sits on a massive 48,351 square foot lot (1.11 acres) and zoned RM-1-1. Zoning is RM-1-1 allows for one (1) dwelling unit per 3,000SF. It is possible that up to 16 units can be developed on-site. It’s also situated on a hard corner, only a half mile away from the Beyer Blvd Trolley Station, walking distance to San Ysidro Middle School, and near San Ysidro High, Las Americas Outlets, churches, parks, financial institutions, dining and the San Ysidro Port of Entry. The offering is ideal for a seasoned developer willing to design their ideal community in an exceptional location. All while still cash-flowing almost $4K/month while working with the City of San Diego to approve plans and break ground on the project.

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    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/112259905
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    Address Not Available By Request San Ysidro, CA 92173

    • Price: $1,000,000 - $1,200,000
    • Status: ACTIVE
    • Updated: 190 min ago
    • ID#: 200052770
    4
    Beds
    4
    Baths
    0
    ½ Baths
    1.11
    Acres
    2,692
    SQFT
    $446
    $/SQFT
    1948
    Built
    Neighborhood:
    San Ysidro
    County:
    San Diego
    Area:
    San Ysidro (92173)
    Property Description
    325-335 Mesa Avenue is a two-on-one multi-family dwelling built in 1948 that consists of one (1) four-bedroom/three-and a half bath single-family residence and one (1) studio/one-bath unit totaling approximately 2,692 rentable square feet. Both structures feature wood-frame, stucco exteriors and pitched roofs. Tenants enjoy abundant on-site parking. The property’s appeal however, lies on its development potential. It sits on a massive 48,351 square foot lot (1.11 acres) and zoned RM-1-1. Zoning is RM-1-1 allows for one (1) dwelling unit per 3,000SF. It is possible that up to 16 units can be developed on-site. It’s also situated on a hard corner, only a half mile away from the Beyer Blvd Trolley Station, walking distance to San Ysidro Middle School, and near San Ysidro High, Las Americas Outlets, churches, parks, financial institutions, dining and the San Ysidro Port of Entry. The offering is ideal for a seasoned developer willing to design their ideal community in an exceptional location. All while still cash-flowing almost $4K/month while working with the City of San Diego to approve plans and break ground on the project.
    Exterior Features

    Exterior Stucco Fencing GatePartial Frontage CanyonN/K Irrigation N/K Parking For RV On-Site Parking Pool N/K Roof CompositionTile/Clay Site Corner Lot Topography LevelSlope Gentle Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 2 Story Total Baths Unit1 4 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 0 Units With Refrigerators 2 Units With Washers 0 Water Heater Type Gas

    Property Features

    Actual Cap Rate 2.19 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 4500 Annual Expense Projected 19281 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community San Ysidro Complex Features N/K Complex Park N/A Cross Streets East Beyer Blvd Gross Rent Multiplier Actual 26.32 Gross Scheduled Income Actual 45600 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Mandatory Remarks For Value Range Pricing Seller Will Entertain Offers Between $1000000 - $1200000 Market Area South Bay Miscellaneous N/K Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays WaterElectricityGas/PropaneHot Water Terms CashConventionalExchange Unit1 Deposit 2000 Unit1 Occupied Tenant Unit1 Rent Actual 2550.0 Unit2 Deposit 1250 Unit2 Occupied Tenant Unit2 Rent Actual 1250.0 Water Meter On Property Water District City Of San Diego Zoning Rm-1-1

    Listing provided courtesy of Aare. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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