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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Talmadge
MLS Listing ID 230005178SD
Sold Date 05/26/23
HOA Y/N No
Year Built 1951
Lot Size 5,828 Sqft
Property Description
LOCATION! Talmadge Neighborhood! Unique & RARE OPPORTUNITY to own three COMPLETELY REMODELED /Newly Built Homes 1 MILE to SDSU !! 3 all 'new' DREAM Units plus UTILITY READY for 4th HOUSE! (savings of 70k) HIGH DEMAND neighborhood! PERMITTED 3bd/2ba unit, 2bd/2ba unit & Studio ADU! Units Features: open floorplans, in-unit laundry closets, ss applncs, custom tile baths, quartz countertops, entertaining, decks & more! 7 DEDICATED PARKING SPACES! New roofs, plumbing, heating, and Electrical panels! Tankless water heaters! HIGH RENTS Area! ALL Ready for occupancy! SOLD for 1.7 million! ***SEE LISTING Documents for SDSU Student projected Rents***SHORT TERM RENTAL projected RENTS are: 3/2: $7000/mo, Studio $2500/mo, 2/2 rear house: $5600/mo. (data based upon actual STRs in area) Split A/C units negotiable ***Any Builder options negotiated will be installed after COE*** PROPERTY has been COMPLETELY Rehabbed/Remodeled & Rebuilt from sewer lines, to electrical upgrades, tankless water heaters, new windows, repaired foundations and NEW concrete foundation in rear house. Sheer walls, new insulation, drywall, porches, roofs and much more! SCOPE OF WORK soon to be added to documents in listing.*** Tax records reflects 'old' information*** New permit info to be recorded imminently*** PERMITS on file***SEE DOCUMENTS for 'Standard' Projected Rents***SDSU is w/in 1 mile***HIGH RENT DISTRICT!*** LA has ownership interest in property**DUE to delays w city permitting cost of project and materials are beyond budget** Comps in Documents**
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Heating Electric
Cooling None
Fireplace No
Exterior
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4666220600
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing VA
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Bought with Frank Karako • Big Block Realty, Inc