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Listed by Angela K Kim • AK Real Estate
$1,300,000
Est. payment /mo
2,394 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,394 sqft
Price per Sqft $543
MLS Listing ID 8P-2607902
Year Built 2005
Lot Size 7,065 Sqft
Source California Regional Multiple Listing Service (CRMLS)
Property Description
7% cap rate! Turnkey triplex in San Diego's Golden Hill neighborhood, offering updated interiors, rental income, and long-term potential in an urban infill setting. The property features two 3-bedroom residences—1019 and 1017½—and one 2-bedroom residence at 1017. Since the current owner's purchase, each unit has been upgraded with an in-unit washer and dryer and mini-split systems. The kitchens retain a fresh, modern appearance, complementing the move-in-ready interiors. Current gross scheduled rents total $8,950 per month, or $107,400 annualized, reflecting the recent rent adjustment for unit 1019. The three-unit configuration offers flexibility for an investor seeking an income property or a future owner-occupant looking to live in one residence and rent the others, subject to existing leases and occupancy availability. Located within an Opportunity Zone, the approximately 7,065-square-foot parcel also invites exploration of future development possibilities. Enjoy income today while evaluating the property's long-term potential. Buyer to verify Opportunity Zone designation, zoning, development feasibility, and applicable approvals.
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning RM1-1
Interior
Interior Features Furnished, High Ceilings, Open Floorplan
Heating Combination
Flooring Vinyl
Fireplaces Type None
Laundry See Remarks, In Closet, Inside, Stackable, Washer Included
Exterior
Parking Features Asphalt
Pool None
Community Features Urban
View Y/N No
Building
Lot Description Level, Lot 6500-9999, Near Public Transit, Paved, Value In Land
Others
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900



