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  • MLS#: 250032693SD ( )
  • Street Address: 853 32nd St
  • Viewed: 4
  • Price: $1,295,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 0
  • Days On Market: 6
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92113
  • Subdivision: Logan Heights
  • Provided by: Bridgepoint Realty Inc
  • Contact: Cameron Cameron
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    The subject property 853 S 32nd St consists of one detached 2bed/1ba home, one 2bed/1bath and two 1bed/1ba units on a 7,325 sq. foot corner lot. The units are well maintained; the detached home has a private backyard and the remainder have fenced patios/front yards. Additionaly; the property has a detached garage that could potentially be converted to an accesory dwelling unit (ADU). Rents are significantly under market providing substantial upside/value add through rent stabilization. The property is extremely well located and resides within both the Opportunity Zone, Transit Priority Area as well as the San Diego Promise Zone providing significant tax/development benefits and strong potential for continued gentrification in the region. It is within a 5 minute drive to Downtown San Diego, PETCO Park & the Convention Center, Coronado Island, the new Gaylord Development in Chula Vista and the San Diego Naval Base. Tenants enjoy close proximity to city transportation, trolleys and bus lines, freeway access, employment hubs, schools, entertainment venues, restaurants and the property resides just south of the newly redeveloped Rodriguez Elementary School. The central location & property features make this a great investment opportunity for a first time investor, owner occupant or seasoned developer or existing owner looking to add to their portfolio.
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Features
Association Fee
  1. 0.00
Cooling
  1. See Remarks
Country
  1. US
Fencing
  1. Partial
Levels
  1. One
Lockboxtype
  1. See Remarks
Netoperatingincome
  1. 43837.00
Parcel Number
  1. 5500510100
Park Name
  1. No
Sourcesystemkey
  1. 250032693:SDP
Subdivision Name Other
  1. Logan Heights
Tenant Pays
  1. Electricity
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/250032693
Year Built
  1. 1956