$1,645,000 Price Analysis   ♡   San Diego, CA 92109 5 bed 4 bath 2,480 SqFt ($663/SqFt) 3,310SqFt lot. Built 1980 Listed 2024-07-27, Taxes $12,589 | Ⓧ USDA Ineligible due to price & location near San Diego |
EXCEPTIONAL PRICE!!
4 unit building in PB operating at a strong 5.4% cap rate for $1, 645, 000!! Only $411K (per door) and an incredibly low price per sq ft of $660 - unheard of for PB!! Financing available with as little as 10% down!! (2) 2-bedr ooms, (1) 1 bedroom and (1) studio totaling 2, 489 sq ft!! Building is in extraordinary condition, structurally sound, with PRISTINE WINDOWS!! Annual gross $119, 000, netting $89, 174.
VERY walkable, central location steps away from restaurants, coffee, trader joes, AND quick freeway access!! The 2 adjacent buildings at 2041 Garnet and 2045 Garnet have mirrored floor-plans and are also available as a 12 unit unit invstment package.
Presented by Monroe Herington at
eXp Realty of California Inc.
Property MLS #240017554 from SanDiegoMLS
Full Bathrooms: 4
Lot Size Acres: 0.0759871
Lot Size Square Feet: 3310
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Square Feet: 400
Unit-2 Square Feet: 750
Unit-3 Square Feet: 580
Unit-4 Square Feet: 750
Unit 2 Total Actual Rent: 2895.0
Unit 3 Total Actual Rent: 2425.0
Unit 4 Total Actual Rent: 3025.0
County: San Diego
Cross Street: Noyes/Morrell
Source Property Type: 2-4 UNITS
Area: Coastal South
Source Neighborhood: Pacific Beach
Parcel Number: 424-051-06-00
Park Name: Pacific Beach
Subdivision: PACIFIC BEACH
Property Subtype: Res Income 2-4 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $284,456 + $739,587 $1,024,043 | $12,589 |
| 2022 | $278,879 + $725,086 $1,003,965 | $12,254 |
| 2021 | $273,411 + $710,869 $984,280 | $12,170 |
| 2020 | $270,608 + $703,580 $974,188 | $12,022 |
| 2019 | $265,302 + $689,785 $955,087 | $11,808 |
| 2018 | $260,100 + $676,260 $936,360 | $11,039 |
| 2017 | $255,000 + $663,000 $918,000 | $10,777 |
| 2016 | $240,000 + $640,000 $880,000 | $10,369 |
| 2015 | $189,000 + $511,000 $700,000 | $8,257 |
| 2014 | $175,000 + $475,000 $650,000 | $7,700 |
| 2013 | $175,000 + $475,000 $650,000 | $7,724 |
| 2012 | $175,000 + $475,000 $650,000 | $7,261 |
| 2010 | $175,000 + $475,000 $650,000 | $8,023 |
| 2009 | $239,292 + $624,240 $863,532 | $9,552 |
| 2009 | $225,000 + $500,000 $725,000 | $9,552 |
| 2008 | $234,600 + $612,000 $846,600 | $9,217 |
| 2007 | $230,000 + $600,000 $830,000 | $9,151 |
$1,645,000
SanDiegoMLS
Listing removed 2024-08-14
$0
SanDiegoMLS
Listing removed 2024-07-28
$0
SanDiegoMLS
Listed 2024-07-27
$1,645,000
SanDiegoMLS
Listing removed 2024-06-29
$0
SanDiegoMLS
Listed 2024-06-28
$1,700,000
SanDiegoMLS
Listing removed 2024-05-23
$0
SanDiegoMLS
Listed 2024-05-22
$1,795,000
SanDiegoMLS
Listed 2024-05-08
$1,895,000
SanDiegoMLS
Sold 2006-07-21
$830,000
Public Record
Sold 2004-02-23
$720,000
Public Record
Sold 1999-03-04
$290,000
Public Record
Year Built: 1980
Building Exterior Type: Stucco
Entry Location: No
Levels: 1 Story
Property Age: 44
Roof: Composition
Levels or Stories: 1
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.