3135-37 Boundary Street

    San Diego, CA 92104
    • $695,000
    • STATUS: ACTIVE
    • ON SITE: 8 days
    • ID#: 190050232
    UPDATED: 24 min ago
    $695,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Superb Location in the North Park/South Park Area. This is Mainly a Single Family Neighborhood. This is the Best Priced 2 Unit Property in the Area West of 805. 2-2BR/1BA Units and 1 Garage in the Rear. 3 Parking Spaces. There is a common laundry room next door. Fantastic Upside in the Rents!! With Minimal Upgrades the Rents Could Be $1,800. With Full Upgrades you might get $2,100. There is a common driveway easement shared with the neighboring owners. Please do not disturb tenants.

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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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.forsalesandiego.com/homes/98820295

    3135-37 Boundary Street San Diego, CA 92104

    • Price: $695,000
    • Status: ACTIVE
    • Updated: 24 min ago
    • ID#: 190050232
    4
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1958
    Built
    Neighborhood:
    North Park
    County:
    San Diego
    Area:
    North Park (92104)
    Property Description
    Superb Location in the North Park/South Park Area. This is Mainly a Single Family Neighborhood. This is the Best Priced 2 Unit Property in the Area West of 805. 2-2BR/1BA Units and 1 Garage in the Rear. 3 Parking Spaces. There is a common laundry room next door. Fantastic Upside in the Rents!! With Minimal Upgrades the Rents Could Be $1,800. With Full Upgrades you might get $2,100. There is a common driveway easement shared with the neighboring owners. Please do not disturb tenants.
    Exterior Features

    Exterior Stucco Fencing Partial Frontage N/K Irrigation N/K Parking For RV None Known Parking Garage Desc Unit1 Assigned Parking Garage Desc Unit2 N/K Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 0 Parking Non Garage Desc Unit1 Detached Parking Non Garage Desc Unit2 Detached Pool N/K Pool Heat None Known Roof Composition Site Public Street Spa N/K Spa Heat None Known Topography Slope Gentle Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Units With Garages 1 Units With Patios 0 View N/K

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 0 Water Heater Type Gas

    Property Features

    Actual Cap Rate 3.48 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 8035 Annual Expense Projected 11774 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0 Community North Park Complex Features Laundry Facilities Complex Park Duplex Cross Streets Redwood Gross Rent Multiplier Actual 20.91 Gross Rent Multiplier Project 15.55 Gross Scheduled Income Actual 33240 Gross Scheduled Income Project 44700 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Uptown Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 31585 Other Fee Type N/K Other Fees 0 Other Income Actual 0 Possession Close Of Escrow Projected Cap Rate 4.54 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (Coaxial) Tenant Pays Cable TvElectricityGas/Propane Terms CashConventional Unit Number For Unit1 3135 Unit Number For Unit2 3137 Unit1 Deposit 1195 Unit1 Occupied Tenant Unit1 Projected Rent 1800 Unit1 Rent Actual 1395 Unit2 Deposit 1990 Unit2 Occupied Tenant Unit2 Projected Rent 1800 Unit2 Rent Actual 1250 Water Meter On Property

    Listing provided courtesy of Apartment Consultants, Inc.. Listing information © 2019 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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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    San Diego CA, 92106