Beds5
Baths3Full11/2
Sq.Ft.2,599
Year1972
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Robert & Joy Aumann
(858) 752-8730ASAP
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FOR SALE: 10916 New Salem Court San Diego CA 92126 | 305715761 |$1,700,000| Cal Rob (858) 752-8730 for a TOUR!
Status:
Active
Listing Office:Homevana
Property Type:Detached
MLS #:305715761
Sq. Feet:2,599
On Site:8 Days
Lot Size:0.16 Acres
County:San Diego
INVESTMENT OPPORTUNITY! 2 HOUSES with 2 separate and private entries, 2 separate and private back yards, 2 separate addresses and separate utilities. Situated in a quiet cul-de-sac neighborhood. First house has 1,445 sqft and worth $1,000,000 Second house has 1,200 sqft and worth $850,000. To be sold together at a discounted price of $1,700,000 First house is tastefully remodeled and has a nice size of backyard with exotic fruit trees and new studio. The Second house is newly built. It has a modern interior, fantastic view from the second floor and is rented for $3,100 a month. Owner financing is available with 50% down. If you live in one house and rent the other one your house payments will be about $3,500. If you rent out both houses you will have around $90,000 annual income. That's a Cap rate of 5% . Plus real estate property appreciation of average 6% a year. In 10 years it will amount to 1.3M. This is very good INVESTMENT OPPORTUNITY. DON'T MISS IT.
INVESTMENT OPPORTUNITY! 2 HOUSES with 2 separate and private entries, 2 separate and private back yards, 2 separate addresses and separate utilities. Situated in a quiet cul-de-sac neighborhood. First house has 1,445 sqft and worth $1,000,000 Second house has 1,200 sqft and worth $850,000. To be sold together at a discounted price of $1,700,000 First house is tastefully remodeled and has a nice size of backyard with exotic fruit trees and new studio. The Second house is newly built. It has a modern interior, fantastic view from the second floor and is rented for $3,100 a month. Owner financing is available with 50% down. If you live in one house and rent the other one your house payments will be about $3,500. If you rent out both houses you will have around $90,000 annual income. That's a Cap rate of 5% . Plus real estate property appreciation of average 6% a year. In 10 years it will amount to 1.3M. This is very good INVESTMENT OPPORTUNITY. DON'T MISS IT.
INVESTMENT OPPORTUNITY! 2 HOUSES with 2 separate and private entries, 2 separate and private back yards, 2 separate addresses and separate utilities. Situated in a quiet cul-de-sac neighborhood. First house has 1,445 sqft and worth $1,000,000 Second house has 1,200 sqft and worth $850,000. To be sold together at a discounted price of $1,700,000 First house is tastefully remodeled and has a nice size of backyard with exotic fruit trees and new studio. The Second house is newly built. It has a modern interior, fantastic view from the second floor and is rented for $3,100 a month. Owner financing is available with 50% down. If you live in one house and rent the other one your house payments will be about $3,500. If you rent out both houses you will have around $90,000 annual income. That's a Cap rate of 5% . Plus real estate property appreciation of average 6% a year. In 10 years it will amount to 1.3M. This is very good INVESTMENT OPPORTUNITY. DON'T MISS IT.
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Detailed Maps
Price Change History
Date | Old Price | New Price | Percent Change |
8/5/2022 | $995,000 | $1,700,000 | 70.9% |
Community Information
Address:10916 New Salem Court San Diego, CA 92126
Area:Mira Mesa (92126)
County:San Diego
City:San Diego
Zip Code:92126
Community:MIRA MESA
School Information
High School:San Diego Unified School District
Middle School:San Diego Unified School District
Elementary School:San Diego Unified School District
Architecture
Bedrooms:
5
Bathrooms:
3 Full / 1 Half
Year Built:1972
Stories:1
Unit Location: No Common Walls
Total Stories: 1
Features / Amenities
Laundry Location: Inside
Rooms: Master Retreat, Kitchen, Living Room, Master Bathroom
Miscellaneous: Suburban
View: Neighborhood
Cooling: Central Forced Air
Rooms
Dimensions | |
Master | |
Bedroom 2 | |
Bedroom 3 | |
Bedroom 4 | |
Bedroom 5 | |
Breakfast Area | |
Dining Room | |
Kitchen | |
Living Room | |
Family Room | |
Extra Room 1 | |
Extra Room 2 | |
Extra Room 3 |
Property Features
Lot Size:
0.16 Acres
Lot Dimensions:4,000-7,499 SF
Water: Public
Sewer: Public Sewer
Zoning:RS-1-14
Directions:From Montongo, West on New Salem St, Right on New Salem Court
Tax and Financial Info
Mello Roos: $48 (paid )
Terms: Cash, Conventional, Seller May Carry, Cash To New Loan, Submit
Schools
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10916 New Salem Court San Diego, CA 92126
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