853 S 32nd St, San Diego, CA 92113
853 S 32nd St, San Diego, CA 92113
853 S 32nd St, San Diego, CA 92113
853 S 32nd St, San Diego, CA 92113
853 S 32nd St, San Diego, CA 92113
853 S 32nd St, San Diego, CA 92113
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Michael & Jessica Solis

Michael & Jessica Solis

+1(760) 889-9374
$ 1,195,000
Est. payment | /mo

6 Beds

4 Baths

7,325 Sqft Lot

Save Virtual Tour
$ 1,195,000
Est. payment | /mo
Save Virtual Tour

6 Beds

4 Baths

7,325 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 260020132

Bedrooms 6

Full Baths 4

Year Built 1956

Lot Size 7,325 Sqft

Lot Dimensions 50X140

Property Sub-Type Res Income 2-4 Units

Property Description

Presenting 853 S 32nd St, consisting of one detached 2bed/1ba home, one - 2bed/1bath and two - 1bed/1ba units on a 7,325 sq. foot corner lot. The units are well maintained and the corner unit was just completely remodeled and will be left vacant for potential owner/users and property tours. The detached home has a private backyard and the remainder have fenced patios/front yards. The property also has a detached garage that can be converted to an accessory dwelling unit (ADU) for additional income. Rents are under market providing substantial upside/value-add above a 6.2% with rent stabilization. NOTE: Entry CAP rate reflects the 2bed/1ba remodeled unit being vacant. The property is well located and resides in an Opportunity Zone, Transit Priority Area as well as the San Diego Promise Zone providing significant tax/development benefits and strong potential for continued gentrification in the region. It is within a 5 minute drive to Downtown San Diego, PETCO Park & the Convention Center, Coronado Island, the new Gaylord Development in Chula Vista and the San Diego Naval Base. Tenants enjoy close proximity to city transportation, trolleys and bus lines, freeway access, employment hubs, schools, restaurants and the property resides just south of the newly redeveloped Rodriguez Elementary School. The central location & property features make this a great investment opportunity for a first time investor, owner occupant or seasoned developer or existing owner looking to add to their portfolio.

Location

State CA

County San Diego

Area Metro Central

Zoning RM-1-1

Interior

Cooling Other/Remarks

Fireplace No

Exterior

Fence Full

View Y/N Yes

View City

Roof Type Composition

Building

Story 1

Level or Stories 1

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 550-051-01-00

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA

Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA

Virtual Tour https://www.propertypanorama.com/instaview/snd/2601068

MLS Router / San Diego MLS
Listed by Cameron Ebrahimi, DRE#01820290 Bridgepoint Realty Inc 

NEARBY SCHOOLS & PROPERTIES

Michael & Jessica Solis

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(760) 889-9374

mike@solisteamre.com

206 N Freeman St, Oceanside, CA 92054, United States

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853 S 32nd St

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