1268-74 Locust St

San Diego, CA 92106 View Map $3,397,000 Schedule a Tour
Beds8
Baths8
Sq.Ft.5,327
Year1992
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Robert & Joy Aumann

Robert & Joy Aumann

(858) 752-8730
 
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FOR SALE: 1268-74 Locust St San Diego CA 92106 | 230022316 |$3,397,000| Call Rob (858) 752-8730 for a TOUR!

Status: Active
Property Type:Res Income 2-4 Units
MLS #:230022316
Sq. Feet:5,327
On Site:153 Days
Lot Size:0.12 Acres
County:San Diego

Listing Agent/Office

Agent:Karine Izidoro
Agent Phone:619-977-2324
Office:Keller Williams Sandiego Metro
A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property's driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego's highly desirable locales. Don't let it pass you by!

A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property’s driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego’s highly desirable locales. Don’t let it pass you by!

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:1268-74 Locust St, San Diego, CA 92106
County:San Diego
Area (MLS Code):Coastal South
Subdivision:Roseville
Zip Code:92106
Community:POINT LOMA

School Information

Architecture

Bedrooms: 8
Bathrooms: 8
Year Built:1992
Stories:2
Exterior: Wood/Stucco
Total Stories: 2
Unit 1: 2 beds, 2 baths. Rent: $2650.0
Unit 2: 2 beds, 2 baths. Rent: $2650.0
Unit 3: 2 beds, 2 baths. Rent: $2291.0
Unit 4: 2 beds, 2 baths. Rent: $2291.0
Roof: Tile/Clay

Features / Amenities

Pets Allowed: Yes
Heating: Fireplace, Forced Air Unit
Heat Source: Natural Gas
Water Heater: Gas

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: 0.12 Acres
Lot Dimensions:4,000-7,499 SF
Site: Corner Lot, West of I-5
Irrigation: Sprinklers
Topography: Level
Complex Features: BBQ
Water: Meter on Property
Sewer: Sewer Connected
Telecommunications: Cable (coaxial), Satellite Dish
Fencing: Partial
Zoning:R-4
Directions:Please use Apple or Google Maps.

Tax and Financial Info

Gross Sched Income Actual: $9, 882
Gross Sched Income Projected: $13, 600
Annual Expense Actual: $10, 117
Annual Expense Projected: $10, 000
Cap Rate Actual: $3.19
Cap Rate Projected: $4.50
Tenant Pays: Sewer, Water, Cable TV, Electricity, Hot Water
Terms: Cash, Conventional, Exchange

Schools

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1268-74 Locust St San Diego,  CA 92106
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1268-74 Locust St San Diego, CA 92106
 
ASAP
Sun
14
Apr
Mon
15
Apr
Tue
16
Apr
Wed
17
Apr
Thu
18
Apr
Fri
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Apr
Sat
20
Apr
Choose Your Date -- It's Free, Cancel Anytime
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Listing information last updated on April 14, 2024 12:15 AM EST.