2519 Columbia St

San Diego, CA 92103 View Map $1,655,000 Ask a Question
Robert & Joy Aumann

Robert & Joy Aumann

(858) 752-8730

Ask a Question
FOR SALE: 2519 Columbia St San Diego CA 92103 | 230005955 |$1,655,000| Call Rob (858) 752-8730 for a TOUR!

Status: Sold
Property Type:Res Income 2-4 Units
MLS #:230005955
Sq. Feet:5,051
Date Sold:5/31/2023
County:San Diego

Listing Agent/Office

Agent:Doug Taber
Agent Phone:858-609-9559
Office:Keller Williams Realty
2519 Columbia Street is currently comprised of three fully-occupied, updated units and includes approved plans and permits to build an additional (9) nine studio units on the back half of the 5,051sf lot. With plans and drawings created by the architectural firm PALO - this project is designed with a style that attracts the modern tenant while capitalizing on current legislation and building codes. With excellent proximity to Downtown San Diego and the San Diego International Airport, this location serves a diverse workforce that continues to expand in a market with a lack of available housing. Fully Permitted / Shovel Ready Building Opportunity. You get INSTANT INCOME and the potential to own a 12 Unit - 6 Cap (Pro-Forma) when you acquire this renovated triplex in the heart of San Diego's most desirable neighborhood - just blocks from Little Italy, Hillcrest, Downtown, Balboa Park, restaurants, nightlife, Petco Park and so much more! HIGHLIGHTS Renovated 3-unit property with Fully-Permitted Plans Incredible San Diego Location - Close To Everything Plans by PALO Architects designed to attract tenants Potential for above market yields Featured in UC Berkeley ADU Article https://bit.ly/ADUArticle

Detailed Maps

Price Change History

Date Old Price New Price Percent Change

Community Information

Address:2519 Columbia St, San Diego, CA 92103
County:San Diego
Area (MLS Code):Metro Uptown
Subdivision:Bankers Hill
Zip Code:92103
Community:SAN DIEGO
Complex:San Diego


Bedrooms: 3
Bathrooms: 3
Year Built:1938
Exterior: Stucco
Total Stories: 1
Unit 1: 1 bath. Rent: $1750.0
Unit 2: 1 bed, 1 bath. Rent: $1705.0
Unit 3: 2 beds, 1 bath. Rent: $3250.0
Roof: Composition

Features / Amenities

Cooling: Central Forced Air, Wall/Window


Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Dimensions:4,000-7,499 SF
Fencing: Partial

Tax and Financial Info

Gross Sched Income Actual: $80, 460
Gross Sched Income Projected: $113, 724
Annual Expense Actual: $31, 614
Annual Expense Projected: $31, 614
Other Income Actual: $840
Other Income Projected: $840
Cap Rate Actual: $2.90
Cap Rate Projected: $4.70
Tenant Pays: Electricity
Terms: Cash, Conventional, Exchang



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Listing information last updated on September 22, 2023 1:30 PM EST.