2005-17 J St San Diego, CA 92102
SOLD DATE :
Listing Price
1189900
Sold Price
1120000

-5.9%

/mo

4Beds

3Baths

710SqFt

Key Details

Sold Price: $1,120,0005.9%

Property Type: Multi-Family

Listing Status: Sold

Price per Sqft: $1,577

Lot Size: 4,265 Sqft

Year Built: 1940

MLS Listing ID: 190053252

Sold Date:

Subdivision: Ca

Bedrooms: 4

Full Baths: 3

Property Description

Excellent opportunity for an investor or owner-occupant! Fully rehabilitated 3 unit property blocks from Downtown San Diego. Located in the historic Sherman Heights district (An Opportunity Zone), this property consists of two 1 bed/1 bath units and one 2 bed/1 bath unit. All three units were recently restored, which includes new electrical, plumbing, sewer lines, windows, kitchens, baths, insulation, water heaters, roofs, interior and exterior paint, landscaping, decking, laundry, appliances and more.
This is an excellent opportunity for an investor or owner-occupant to acquire an income-producing asset in the rapidly improving and in-demand area of Sherman Heights. This very desirable downtown submarket is located within an Opportunity Zone and is just blocks from the rapidly gentrifying East Village and Barrio Logan. East Village has become one of the most dynamic and popular areas of the downtown area, and as East Village/Downtown continues to expand east, this particular property will offer a substantial rental upside and is well suited for short term vacation rentals / AirBNB. Sherman Heights is a unique neighborhood bordering three other highly desirable neighborhoods (Golden Hill, Barrio Logan and East Village Down Town). Those who live in the area enjoy the central location as it is just east of the Ballpark District and Downtown San Diego. The property is also close to transit lines, restaurants, schools, and shopping. The Sherman Heights community is also a designated "Opportunity Zone", offering potential tax breaks for investing within the community.

Location

State: CA

County: San Diego

Community: San Diego

Zoning: R-4:MULTIP

Multi-Unit Info

Total Units: 3

Buildings: 2

Unit 1 Information: SqFt: 710; Bedroom: 2; Bathroom: 1; FullBath: 1; Occupancy: Vacant

Unit 2 Information: Rents Price: $1,795; SqFt: 572; Bedroom: 1; Bathroom: 1; FullBath: 1; Occupancy: Tenant

Unit 3 Information: Rents Price: $1,695; SqFt: 572; Bedroom: 1; Bathroom: 1; FullBath: 1; Occupancy: Tenant

Interior

Heating: Electric

Cooling: Wall/Window

Exterior

Exterior Feature: Stucco

Garage: Unit1:N/K Unit2:N/K Unit3:N/K

Fence: Full

View: City,Ocean

Roof Type: Composition

Building

Lot Description: Corner Lot

Story: 1 Story

Sewer: Sewer Connected

Water: Meter on Property

Schools

High Schools: San Diego Unified School District

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Listing Sold By Jaime Mora (CA BRE #01379138) of FOSTER HAMILTON Real Estate Co

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Nearby School & Properties

School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

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Glen Henderson Big Block Realty, Inc
Glen Henderson

Broker Associate CA BRE # 01384181

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