1611-15 Edgemont St., Golden Hill, CA 92102

$1,627,250
68,905
SqFt
Sold Price
$1,627,250
List Price
$1,700,000
Closing Date
Dec 30, 2021
Days on Market
0
Status
SOLD
MLS#
210032187
Living Sq. Ft
68,905
Lot Size(Range)
4,000-7,499 SF
Lot Size(apprx.)
7,650
City
Golden Hill
Neighborhood
South Park
Complex/Building Name
San Diego
Property Type
Multifamily
Year Built
1938

Property Description

3 Units available in Prime South Park. Quite Residential Street. 2 units (The front 2BR/1Bath House and one of the 1BR/1Bath units) will be delivered unoccupied at the close of escrow. Tons of immediate upside in the rents. Estimated $2,000/1BR in current condition. With some updating the pro forma rents should be closer to $2,450. Front 2BR/1.5Bath House with longer term tenant and rents about 25% below market. Large lot with plenty of parking as well as a garage. Each unit has a patio/yard. Alternative use could be operating as short term rentals with a nightly rate of $150-$200 for the 1BR Bungalow style units.

Additional Information

Building Name
San Diego
Living Area
68,905
Lot Size
7,650
Lot Size Range
4,000-7,499 SF
Neighborhood
South Park
Stories
1 Story
Style
Res Income 2-4 Units
Year Built
1938

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Marcus & Millichap

Selling Office: Acre Investment Real Estate.

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