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    2238-40 Irving Ave

    San Diego, CA 92113
    • $624,800
    • STATUS: ACTIVE
    • ON SITE: 13 days
    • ID#: 210015756
    UPDATED: 56 min ago
    $624,800
    • 4
      BEDS
    • 0.09
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,780
      SQFT
    • $351
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    Description

    Centrally Located 2-on-1 opportunity in the heart of San Diego City proper! Live in one and rent the other or buy and hold as a bread & butter long-term rental. Minutes away from Downtown, San Diego Bay, Coronado Bridge/Coronado, freeway access, mass transit, and schools. Tremendous upside to complete cosmetic updates and increase rents for solid cash flow – easy to rent! Property is situated within an OPPORTUNITY ZONE, enabling buyer to improve the property and realize substantial tax benefits!!! Back House – 3 bed / 1 bath – 1216 square feet - plenty of room to add additional bathroom in master bedroom. Front House – 1 bed / 1 bath – 564 square feet. Up to 4 driveway parking spots. Both units have washer/dryer in unit. Don’t miss out on this opportunity to buy 2 properties for less than the price of an average detached home in San Diego! ...Back House – 3 bed / 1 bath – 1216 square feet - plenty of room to add additional bathroom in master bedroom. Front House – 1 bed / 1 bath – 564 square feet. Up to 4 driveway parking spots. Both units have washer/dryer in unit. Don’t miss out on this opportunity to buy 2 properties for less than the price of an average detached home in San Diego!

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    2238-40 Irving Ave San Diego, CA 92113

    • Price: $624,800
    • Status: ACTIVE
    • Updated: 56 min ago
    • ID#: 210015756
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.09
    Acres
    1,780
    SQFT
    $351
    $/SQFT
    1955
    Built
    Neighborhood:
    Logan Heights
    County:
    San Diego
    Area:
    Logan Heights (92113)
    Elementary School:
    San Diego Unified School District
    Middle School:
    San Diego Unified School District
    Property Description
    Centrally Located 2-on-1 opportunity in the heart of San Diego City proper! Live in one and rent the other or buy and hold as a bread & butter long-term rental. Minutes away from Downtown, San Diego Bay, Coronado Bridge/Coronado, freeway access, mass transit, and schools. Tremendous upside to complete cosmetic updates and increase rents for solid cash flow – easy to rent! Property is situated within an OPPORTUNITY ZONE, enabling buyer to improve the property and realize substantial tax benefits!!! Back House – 3 bed / 1 bath – 1216 square feet - plenty of room to add additional bathroom in master bedroom. Front House – 1 bed / 1 bath – 564 square feet. Up to 4 driveway parking spots. Both units have washer/dryer in unit. Don’t miss out on this opportunity to buy 2 properties for less than the price of an average detached home in San Diego! ...Back House – 3 bed / 1 bath – 1216 square feet - plenty of room to add additional bathroom in master bedroom. Front House – 1 bed / 1 bath – 564 square feet. Up to 4 driveway parking spots. Both units have washer/dryer in unit. Don’t miss out on this opportunity to buy 2 properties for less than the price of an average detached home in San Diego!
    Exterior Features

    Exterior StuccoWood Fencing Full Frontage N/K Irrigation N/K Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Non Garage Desc Unit1 CarportUncovered Parking Non Garage Desc Unit2 None Known Parking Spaces Total Unit1 4.0 Parking Spaces Total Unit2 0.0 Parking Spaces Total Unit3 0.0 Parking Spaces Total Unit4 0.0 Pool N/K Roof Composition Site Public Street Spa N/K Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2 View N/K

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Forced Air UnitWall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2 Water Heater Type Gas

    Property Features

    Actual Cap Rate 3.92 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 6695 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Logan Heights Complex Features Gated Community Complex Park N/A Cross Streets Sicard Street & Sampson Street Gross Rent Multiplier Actual 13.8 Gross Scheduled Income Actual 31200 Gross Scheduled Income Project 47400 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Central Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Pets Yes Possession Close Of Escrow Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventionalExchangeFhaVa Unit Number For Unit1 2238 Unit Number For Unit2 2240 Unit1 Deposit 1000 Unit1 Occupied Tenant Unit1 Projected Rent 1500.0 Unit1 Rent Actual 1050.0 Unit2 Deposit 1200 Unit2 Occupied Tenant Unit2 Projected Rent 2450.0 Unit2 Rent Actual 1550.0 Water Meter On Property Water District City Of San Diego

    Listing provided courtesy of Keller Williams Sd Signature. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Yarbrough Group
    2731 E Evans Rd
    San Diego CA, 92106