549 17th st, San Diego, CA 92101
Pending
$1,490,000
4 Units
7 Beds
4 Baths
n/a Area(sq.ft.)
Lot: 5,250 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | $ 2,000 | $ 2,000 | $ 2,000 | |
| Unit 2 | 1 | 2 | 1 | $ 2,095 | $ 2,095 | $ 2,200 | |
| Unit 3 | 1 | 2 | 1 | $ 1,900 | $ 1,900 | $ 2,200 | |
| Unit 4 | 1 | 1 | 1 | $ 1,967 | $ 1,967 | $ 2,000 | |
| 4 | 7 | 4 | $ 7,962 | $ 7,962 | $ 8,400 |
| MLS #: | 240027118SD |
| Days On Market: | 382 |
| Listing Date: | November 19, 2024 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per unit: | $ 372,500 |
| Year Built: | 1920 |
Property Details
We are pleased to present for sale 549 17th Street, four contiguous restored cottages in the gentrifying East Village neighborhood of Downtown, San Diego, CA. The property consists of three 2-bedroom / 1-bath cottages (approximately 800 SF) and a single 1-bedroom / 1-bath cottage (approximately 600 SF) on a single 5,250 SF parcel. Completely remodeled cottages include luxury vinyl plank flooring, quartz countertops, stainless steel appliances and small private yards for each unit. Roofs have been replaced on 562 & 567 in 2017, along with copper plumbing updates to 549 hot and cold water supply lines. Overall condition of electrical and plumbing is good and month-to-month tenants enjoy shared onsite laundry. 17th Street offers a rare alternative to condominium and apartment living in the city with walking proximity to jobs, stores and entertainment.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Total Annual Expense: | $ 32,640 |
| Net Operating Income: | $ 64,255 |
| Cap Rate: | 4.02% |
| Gross Rent Multiplier: | 16.13 |
Structure
| Levels: | One |
| Complex Name: | complex |
| Security Features: | None |
Land & Parking
| Zoning: | CCPD-RE |
Interior
| AC/Cooling: | Wall/Window |
Exterior
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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