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$1,900,000   Price Analysis
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1901 E St
San Diego, CA 92102
4 bed 3 bath 1,904 SqFt ($997/SqFt)
9,531SqFt lot. Built 1923
Listed 2023-02-01, Taxes $8,807
Ⓧ USDA Ineligible
due to price & location

near San Diego

A rare redevelopment opportunity across the freeway fro m Downtown San Diego!!!

* Sale Pending *

Two adjacent parcels on the corner of 19th and E Street totaling 9, 531 square feet (.22 Acres) of lot space. One parcel includes Three detached cottage units that each feature their own private entry and garage/storage unit. The other parcel is open land that backs to the on ramp of the interstate 5 and 94.

The property is zoned RM-2-5, which permits up to Seven units without any density bonus; but more importantly the property is situated in the Complete Communities Tier 3, which permits an FAR of 6.5x the total lot (potential for 61, 951.5 square feet). This is a true value-add and redevelopment opportunity that will allw a new owner to build in an area that needs more housing and will have views of Downtown San Diego and Coronado.


Presented by Joe Bonin at
SVN Vanguard.


Property MLS #PTP2300476 from CRMLS

Bedrooms: 4

Laundry Features: Washer Hookup

Full Bathrooms: 3

Additional Parcels Description: 5343740600
Additional Parcels: Yes
Lot Description: 0-1 Unit/Acre, Back Yard, Corner Lot, Level with Street, Near Public Transit, Yard
Lot Size Acres: 0.2188017
Lot Size Source: Public Records
Lot Size Square Feet: 9531

Garage Spaces: 3
Parking Total: 6

Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 3

Community Features: Sidewalks, Street Lights

Source Listing Status: Pending
County: San Diego
Cap Rate: 1.37
Source Property Type: Residential Income
Insurance Expense: 1892.00
Area: 92102 - San Diego
Source Neighborhood: 92102 - San Diego
New Taxes Expense: 23110.00
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 5343740100
Zoning: RM-2-5 & Complete Communi
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$398,237 + $312,901
$711,138
$8,807
2022$390,429 + $306,766
$697,195
$8,574
2021$382,774 + $300,751
$683,525
$8,512
2020$378,850 + $297,668
$676,518
$8,408
2019$371,422 + $291,832
$663,254
$8,260
2018$364,140 + $286,110
$650,250
$7,724
2017$357,000 + $280,500
$637,500
$7,540
2016$350,000 + $275,000
$625,000
$7,418
2015$325,373 + $254,995
$580,368
$6,895
2014$319,000 + $250,000
$569,000
$6,787
2013$21,928 + $21,928
$43,856
$596
2012$21,499 + $21,499
$42,998
$555
2010$21,078 + $21,078
$42,156
$695
2009$20,971 + $20,971
$41,942
$617
2009$20,921 + $20,921
$41,842
$617
2008$20,560 + $20,560
$41,120
$679
2007$20,157 + $20,157
$40,314
$599

Listed 2023-02-01
$1,900,000
CRMLS
Sold 2015-09-02
$699,000
SanDiegoMLS
Listed 2015-07-20
$699,000
SanDiegoMLS
Listing removed 2014-12-02
$660,000
SanDiegoMLS
Relisted 2014-11-26
$660,000
SanDiegoMLS
Listing removed 2014-10-17
$660,000
SanDiegoMLS
Listed 2014-07-23
$660,000
SanDiegoMLS
Listing removed 2014-07-17
$660,000
SanDiegoMLS
Listed 2014-05-07
$660,000
SanDiegoMLS
Sold 2013-12-31
$619,000
SanDiegoMLS
Listed 2013-11-11
$630,000
SanDiegoMLS
Listing removed 2013-09-20
$620,000
SanDiegoMLS
Price Changed 2013-06-27
$620,000
SanDiegoMLS
Price Changed 2013-01-14
$649,900
SanDiegoMLS
Price Changed 2012-10-18
$699,250
SanDiegoMLS
Listed 2012-10-02
$749,900
SanDiegoMLS

Net Operating Income: 26006.00

Total Square Feet Living: 1904
Year Built: 1923
Building Features: 6
Common Walls: No Common Walls
Property Age: 101
Building Total Stories: 1

Sewer: Sewer: Sewer Paid, Water Sewer Expense: 0.00
Water Source: Public

Sherman Elementary School is a public elementary school located approximately 0.4 miles away.
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Roosevelt International Middle School is a public middle school located approximately 1.8 miles away.
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Our Lady's School is a private elementary and middle school located approximately 0.3 miles away.
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Garfield High School is a public high school located approximately 0.3 miles away.
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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.