$907,860
$915,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
554 Los Angeles Pl San Diego, CA 92114
6,000 Sqft Lot
Key Details
Sold Price $907,860
Property Type Commercial
Sub Type Other/Remarks
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230009536
Lot Size 6,000 Sqft
Property Sub-Type Other/Remarks
Property Description
This is a single family home of 3,348 sq. ft on a 6,000 sq. ft. lot converted by the owner into a 5-unit multifamily asset that is centrally located in East San Diego. The owner completely renovated the interiors with wonderful amenities for guests. Of the 5 units there are: 2-2 bdrm units, 1-1 bdrm unit, 1 studio unit & a garage ADU with a private patio. Some of the units have kitchens. To manage expenses the property has a leased solar system. There is an on-site laundry space as well as a wonderful yard area for tenants to relax and picnic while enjoying San Diego's beautiful weather. And if storage is an issue there is an answer...a huge basement! The owner has been residing in the front 2 bdrm unit and managing the other 4 as vacation rentals. There is an STRO license on file for the property. There are no known permits for the conversion. The owner estimates he collects $8,000-$10,000/mos. The property is located close to many wonderful attractions: 14.4 miles from San Ysidro Boarder Crossing, 8.4 miles from San Diego International Airport, 7.5 miles from famous Little Italy, 5.7 miles from North Park and it's incredible restaurants, and 4.9 miles from Balboa Park and Zoo.
Location
State CA
County San Diego
Area Encanto (92114)
Zoning R-1
Interior
Laundry Owned
Exterior
Parking Features Other/Remarks
Building
Story 2
Others
Acceptable Financing Cash, Cash to New Loan
Space Rent $120,000
Listing Terms Cash, Cash to New Loan
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Bought with Gricelda Cooper • Turner Real Estate