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Key Details
Sold Price $1,440,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Normal Heights
MLS Listing ID 230006283
Sold Date 07/25/23
Bedrooms 2
Full Baths 3
HOA Y/N No
Year Built 1908
Lot Size 2,249 Sqft
Property Description
Huge property tax savings with the Mills Act! Seller is motivated! Fantastic opportunity to own a 3 unit investment property one of which has commercial usage possibilities on highly desired University Heights Park Blvd. Live in one, work in the other and rent out the third! This gorgeous craftsman was designated an historical landmark in 1908 known as the Julia Wilson House. The property has been beautifully restored throughout while keeping with the original charm, newer kitchens and baths, off street parking and fenced yard. . Variance Granted Detached. All units have been completely renovated down to the studs. Each unit has it’s own air conditioning unit.
Located in the heart of University Heights, walk and bike to your neighborhood restaurants, shops, Trolley Barn Park. Close to freeway and public transportation. Gross income: 87000, Expenses: $10,000, Net Operating Income: $77,000
Location
State CA
County San Diego
Community Normal Heights
Area Normal Heights (92116)
Building/Complex Name University Heights
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Wood
Fence Gate
Roof Type Other/Remarks
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Other/Remarks
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Bought with Kristine R Kappel • Compass