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2158 60 Balboa Avenue

San Diego, CA 92109
  • $1,600,000
  • STATUS: Active
  • ON SITE: 69 Days
  • ID#: NDP2109274
Price Reduced
UPDATED: 63 min ago
$1,600,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

A sweet opportunity to own a fantastic property with numerous income producing possibilities! This truly unique property offers so many options and is conveniently located a few blocks away from Mission Bay and one mile from the water at Pacific Beach in San Diego CA. The property consists of four residential rentals but is zoned for a commercial property option as well. Currently, the four residences include; one three bedroom, one two bedroom home, and two studios. Heres your chance to live in one home and rent out the others or turn the front home into a commercial space and keep the three units rented. The generous lot accommodates four to five parking spaces in the front of the homes, offers a lovely courtyard area complete with a koi pond, and a breezy rooftop patio for the residents to enjoy the outdoor space. Located just a short walk or bike ride to shopping, dining, the Pacific Beach Pier, and the stunning white sand beaches of San Diego. The property is also central among many of the best places in the beach community with an easy five minute drive to Seaworld, Belmont Park, and the beaches of La Jolla and Mission Beach.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T10:26:14.627. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/120194542
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2158 60 Balboa Avenue San Diego, CA 92109

  • Price: $1,600,000
  • Status: Active
  • Updated: 63 min ago
  • ID#: NDP2109274
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1953
Built
Neighborhood:
92109 - Pacific Beach
County:
San Diego
Area:
92109 - Pacific Beach
Property Description
A sweet opportunity to own a fantastic property with numerous income producing possibilities! This truly unique property offers so many options and is conveniently located a few blocks away from Mission Bay and one mile from the water at Pacific Beach in San Diego CA. The property consists of four residential rentals but is zoned for a commercial property option as well. Currently, the four residences include; one three bedroom, one two bedroom home, and two studios. Heres your chance to live in one home and rent out the others or turn the front home into a commercial space and keep the three units rented. The generous lot accommodates four to five parking spaces in the front of the homes, offers a lovely courtyard area complete with a koi pond, and a breezy rooftop patio for the residents to enjoy the outdoor space. Located just a short walk or bike ride to shopping, dining, the Pacific Beach Pier, and the stunning white sand beaches of San Diego. The property is also central among many of the best places in the beach community with an easy five minute drive to Seaworld, Belmont Park, and the beaches of La Jolla and Mission Beach.
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Association Fee 0 Association YN No Cap Rate 4.9 Community Features SidewalksUrban Electric Expense 1000 Fuel Expense 0 Garage YN No Gross Income 66000 Gross Scheduled Income 66000 Insurance Expense 931 Land Lease YN No Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 0 New Taxes Expense 6132 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 0 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Commercial

Listing provided courtesy of Arianna Schwarz of Keller Williams Realty and Nicole Martinez of Keller Williams Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T10:26:14.627. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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