3115 Olive St San Diego, CA 92104

5 Beds

3 Baths

1596 SqFt

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Key Details

Property Type: Multi-Family

Lot Size: 0.271 Acres

Year Built: 1956

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: 190019920

Price per Sqft: $1,190

Type of Financing: Cash,Conventional,FHA,VA

Property Description

Truly rare-this first time on the market, nearly 12,000 sf North Park private lot, has unparalleled views of Switzer Canyon & is home to 2 lovingly maintained detached properties.The 3/2 house, approx.1,600 sf, is a mid-century enthusiast's dream w/stunning architectural details, sweeping canyon views & space for a vineyard! The 2+1 opt./1 bath house, approx.1,000 sf, is loaded w/character & its own canyon view deck. See supp. remarks & attachment for improvements. Both houses have 2 car garage & laundry.
The smaller house facing Nutmeg Place was built by the Sellers' parents in 1942. They built the larger house in 1956. The smaller house was occupied by tenants for many years paying under market value rent. Amazing short-term or long-term rental income potential here. The list of improvements to the properties is extensive, please see under documents. There is also a pro forma in the documents for numbers as a short term rental. This prime parcel is in the heart of North Park minutes to Balboa Park and adjoining metro neighborhoods. In addition to enjoying Switzer Canyon and views all the way to downtown, there is always plenty to enjoy in this lively community filled with its quaint coffee houses, breweries and restaurants. Sellers are entertaining offers between $1,800,000 - $1,900,000.


State: CA

County: San Diego

Community: North Park

Area: North Park (92104)

Building/Comlex Name: 3115 Olive

Zoning: R-2:MINOR


Full Baths: 3


Sewage Type: Sewer Connected

Water: Meter on Property

Heating: Other/Remarks

Cooling: Central Forced Air,Other/Remarks

Air Conditioning: Central Forced Air,Other/Remarks


Exterior Feature: Wood/Stucco,Other/Remarks

Garage: Unit1:Attached Unit2:Attached

Garage Spaces: 4.0

Fence: Partial

View: Evening Lights,Parklike,Valley/Canyon

Roof Type: Composition


Story: Other/Remarks

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Listing Provided By Lisa M. Ashkins (CA BRE #01764182) of Ascent Real Estate, Inc

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    Glen Henderson Big Block Realty, Inc
    Glen Henderson

    Broker Associate CA BRE # 01384181

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