311 San Elijo

San Diego, CA 92106 View Map $2,450,000 Ask a Question
Beds4
Baths3
Sq.Ft.7,500
Year1952
Robert & Joy Aumann

Robert & Joy Aumann

(858) 752-8730

Ask a Question
FOR SALE: 311 San Elijo San Diego CA 92106 | 240004660 |$2,450,000| Call Rob (858) 752-8730 for a TOUR!

Status: Sold
Property Type:Res Income 2-4 Units
MLS #:240004660
Sq. Feet:7,500
Date Sold:4/11/2024
Lot Size:0.17 Acres
County:San Diego

Listing Agent/Office

Agent:Robert Antoniadis
Agent Phone:619-852-8827
Office:Robert Realty
***The Price You Have Been Waiting For***Purchased in 2022 For $2,425,000 + $400,000 Remodel /Upgrades***$2,825,000 Investment ***Listed $430,000 Less Than Cost At $2,395,000***Motivated***San Diego Bay* Harbor *Ocean*Coronado *Mexico Sit Down Views***La Playa***The Crown Jewel Of Point Loma***Three On One 7,500 Sq Ft (50x150) Parcel Zoned RM-3-9***Potential For Up to 13 Units***FAR Of 2.7***Up to 25 Units Would Be Possible If Affordable Housing Was Desired*** Turn Key 2230 Sq Ft Mid Century * Two One Bedroom One Bathroom 588 Sq Ft Single Story Living***One Two Bedroom One Bathroom 1054 Sq Ft***Two Large Oversized Two Car Garages***Yard & Patios ***Common Area Laundry***Live In One Rent Two Short Term AirBNB or Two Long Term**Rent All Three Long Term Or All Three Short Term AirBNB***So Much Potential & Opportunity***Enjoy The Benefits Of Ownership With Over a Quarter Million Of Remodel Just Completed***Seller Financing @5% Available for up to $1,000,000***

***The Price You Have Been Waiting For***Purchased in 2022 For $2,425,000 + $400,000 Remodel /Upgrades***$2,825,000 Investment ***Listed $430,000 Less Than Cost At $2,395,000***Motivated***San Diego Bay* Harbor *Ocean*Coronado *Mexico Sit Down Views***La Playa***The Crown Jewel Of Point Loma***Three On One 7,500 Sq Ft (50x150) Parcel Zoned RM-3-9***Potential For Up to 13 Units***FAR Of 2.7***Up to 25 Units Would Be Possible If Affordable Housing Was Desired*** Turn Key 2230 Sq Ft Mid Century * Two One Bedroom One Bathroom 588 Sq Ft Single Story Living***One Two Bedroom One Bathroom 1054 Sq Ft***Two Large Oversized Two Car Garages***Yard & Patios ***Common Area Laundry***Live In One Rent Two Short Term AirBNB or Two Long Term**Rent All Three Long Term Or All Three Short Term AirBNB***So Much Potential & Opportunity***Enjoy The Benefits Of Ownership With Over a Quarter Million Of Remodel Just Completed***Seller Financing @5% Available for up to $1,000,000***

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
4/11/2024$2,395,000$2,450,0002.3%

Community Information

Address:311 San Elijo, San Diego, CA 92106
County:San Diego
Area (MLS Code):Coastal South
Subdivision:La Playa
Zip Code:92106
Community:POINT LOMA
Complex:Villa La Playa

Architecture

Bedrooms: 4
Bathrooms: 3
Year Built:1952
Exterior: Wood/Stucco
Unit 1: 1 bed, 1 bath. Rent: $2650.0
Unit 2: 1 bed, 1 bath. Rent: $2390.0
Unit 3: 2 beds, 1 bath. Rent: $3150.0
Roof: Composition

Features / Amenities

Pets Allowed: Allowed w/Restrictions
View: Bay, City, Evening Lights, Ocean
Heating: Wall/Gravity
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: 0.17 Acres
Lot Dimensions:7,500-10,889 SF
Frontage: Bay
Site: Curbs, Public Street, Sidewalks, Street Paved, West of I-5
Irrigation: Sprinklers
Topography: Level
Complex Features: Laundry Facilities
Water: Meter on Property
Sewer: Sewer Connected
Telecommunications: Cable (coaxial)
Fencing: Full
Zoning:RM-3-9

Tax and Financial Info

Gross Sched Income Actual: $98, 280
Gross Sched Income Projected: $106, 680
Annual Expense Actual: $27, 000
Annual Expense Projected: $35, 000
Cap Rate Actual: $2.40
Tenant Pays: Water, Cable TV, Electricity, Hot Water
Terms: Cash, Conventional, Exchange

Schools

WALKING AND TRANSPORTATION

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Listing information last updated on April 16, 2024 8:15 PM EST.