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UNIVERSITY HEIGHTS Property for sale: 1031-1033 Johnson Ave in San Diego

1031-1033 Johnson Ave San Diego UNIVERSITY HEIGHTS

Exterior Front
$2,000,000
Prop. Type:
2-4 Units
MLS® Num:
240008440
Status:
Active
Year Built:
1940
Great investment opportunity with this 2 on 1 property. Live in one home and rent the other out. Private and separate yards for each home. Front home (1031) has off street parking. Rear home (1033) has a 2 car enclosed carport. Additional single car garage with extra storage located on alley may also be leased for additional income. Front home has recently installed central heat and air conditioning, laundry/mud room with full size hookups. Large living room with fireplace. Master bedroom has 2 closets, one of which is a walk in. The master bedroom also has a dressing area separate from the shower area. Rear home has a spacious mud/laundry room with stacked washer and dryer. Kitchen feature full size gas range, dishwasher, fridge and microwave. Wrap around paved patio and mature orange tree. Darling neighborhood that is beautiful to walk around. Property was constructed in the 1940's but the front house was completely remodeled in 1984 (one wall left standing).
Total Floor Area:
Switch units of measure5,082 sq. ft.
Lot Size:
4,000-7,499 SF
Number of Buildings:
2
Number of Units:
2
Year Built:
1940
Stories:
1 Story
Total Stories:
1
Market Area:
Metro Uptown
Community:
UNIVERSITY HEIGHTS
County:
San Diego
Neighborhood Code:
University Heights
Name of Complex/Subdivision:
NONE
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Other Fee Type:
N/K
Tenant pays:
Electricity, Gas/Propane
Projected net operating income:
71000
Other income:
0
Annual expense actual:
6000
Projected annual expense:
15000
Cap Rate.:
10.0
Projected Cap Rate.:
17.0
Gross Rent Multiplier:
23.0
Gross scheduled income:
58000
Projected gross scheduled income:
86000
Unit Number for Unit 1:
1031
Finished Area for Unit 1:
Switch units of measure1,600 sq. ft.
Bedrooms for Unit 1:
3
Number of bathrooms for Unit 1:
2
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
4000.0
Total Rent for Unit 1:
4000.0
Projected Rent for Unit 1:
4200.0
Garage for Unit 1:
Assigned, Detached
Parking for Unit 1:
Uncovered
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Unit Number for Unit 2:
1033
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
0.0
Total Rent for Unit 2:
0.0
Projected Rent for Unit 2:
3200.0
Garage for Unit 2:
Assigned, Attached
Parking for Unit 2:
Carport
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Number of bathrooms for Unit 3:
0
Garage for Unit 3:
N/K
Parking for Unit 3:
None Known
Number of bathrooms for Unit 4:
0
Garage for Unit 4:
N/K
Parking for Unit 4:
None Known
Lincoln Ave
School District URL:
https://www.sandiegounified.org/
Elementary School:
San Diego Unified School District
Elementary School URL:
https://www.sandiegounified.org/
Middle School:
San Diego Unified School District
Middle School URL:
https://www.sandiegounified.org/
High School:
San Diego Unified School District
Site Influences:
Alley Access, Curbs, Public Street, Sidewalks, Street Paved
Lot Details:
34x150
Frontage:
Switch units of measure34'
Exterior Features:
Stucco
View:
None
Directions:
Google maps
Cooling:
Central Forced Air
Heating:
Forced Air Unit, Fireplace, Other/Remarks
Heating fuel:
Electric, Natural Gas, Wood
Irrigation:
N/K
Number of Units with Cooling:
1
Number of Units with Dishwashers:
2
Number of Units with Dryers:
2
Number of Units with Fireplaces:
2
Number of Furnished Units:
0
Number of Units with Garages:
2
Number of Units with Patios:
2
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
2
Pool:
N/K
Pool Heat:
None Known
Spa:
N/K
Spa Heat:
None Known
Roof:
Composition
RV Parking:
None Known
Sewer Septic:
Sewer Connected
Telecommunications:
Cable (coaxial)
Water district:
CITY OF SAN DIEGO
Water Heater Type:
Gas
Water supply:
Meter on Property
Security:
N/K
Fencing:
Partial
Topography:
Level
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional
Parcel Number:
444-371-03-00
Listed by Coastal Property Management
Data was last updated May 9, 2024 at 05:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
Data Source Logo
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 Multiple Listing Service, Inc. 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 © 2024 San Diego Multiple Listing Service, Inc.

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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 Multiple Listing Service, Inc. 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 © 2024 San Diego Multiple Listing Service, Inc.