1523 Oliver, San Diego, CA 92109
Pending
$1,850,000
3%
2 Units
5 Beds
2 Baths
n/a Area(sq.ft.)
Lot: 5,750 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | $ 2,400 | $ 2,400 | $ 3,795 | |
| Unit 2 | 1 | 3 | 1 | $ 2,750 | $ 2,750 | $ 3,895 | |
| 2 | 5 | 2 | $ 5,150 | $ 5,150 | $ 7,690 |
| MLS #: | 240027152SD |
| Days On Market: | 393 |
| Listing Date: | November 8, 2024 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per unit: | $ 925,000 |
| Year Built: | 1950 |
Property Details
For sale 1523-25 Oliver Avenue, two craftsman houses with lush landscaping, expansive yards, and enclosed by a 3-foot-high natural stacked stone wall to create the perfect living environment. An excellent investment opportunity, 1523-25 Oliver offers a new investor significant immediate rental upside. Built in 1950, the property features two separate craftsman houses over an expansive 5,750 SF parcel. The front units include in-unit laundry and enjoys a long driveway (parks multiple cars) and carport for the tenant s convenience. The back house has a private yard and garage with access from the ally.Interested in this Listing?
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Income Details
| Total Annual Expense: | $ 32,401 |
| Net Operating Income: | $ 29,399 |
| Cap Rate: | 1.6% |
| Gross Rent Multiplier: | 30.00 |
Structure
| Levels: | One |
| Complex Name: | Duplex |
| Security Features: | None |
Land & Parking
Interior
| AC/Cooling: | None |
Exterior
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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