$1,350,000
$1,350,000
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SOLD DATE : 10/22/2021
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Hillcrest
MLS Listing ID 210021485
Sold Date 10/22/21
HOA Y/N No
Year Built 1940
Property Description
Metro Uptown, Incredible 2 on 1 in the heart of highly sough after Hillcrest/University Heights. PLUS A PRIME DEVELOPMENT OPPORTUNITY, (Favorable) Zoning: RM-3-7, 50x125 lot, FAR 1.8, 40 foot Height Limitation, ideally located for future development, situated in the Hillcrest Improvement District (BID). Income is being generated via a VACATION RENTAL (grossing about $3,000 per month) GSI close to $68,000, and a 2 bed 1 bath approximately 1,100 square foot home leased ($2,700 monthly) on a rental basis. ***Owner will carry $400,000 at 5% for 5 years.*** Sewer: Sewer Connected Unit # for Unit 1: 50 Unit # for Unit 2: 52 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0 Topography: LL
Location
State CA
County San Diego
Area 92103 - Mission Hills
Building/Complex Name Uptown/Hillcrest
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Pool None
Roof Type Composition
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4522005900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Benjamin Mavity • eXp Realty of California Inc
15910 Ventura Blvd. Suite 101 Encino CA 91436, Encino, CA, 91436, USA