3135-37 Boundary Street

San Diego, CA 92104 View Map $685,000 Ask a Question
Sold On11/20/2019
Joy Bender

Joy Bender

(760) 212-2717
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Status: Sold
Listing Office:Apartment Consultants, Inc.
Property Type:Res Income 2-4 Units
MLS #:190050232
Date Sold:11/20/2019
Lot Size:N/A
County:San Diego
Superb Location in the North Park/South Park Area. This is Mainly a Single Family Neighborhood. This is the Best Priced 2 Unit Property in the Area West of 805. 2-2BR/1BA Units and 1 Garage in the Rear. 3 Parking Spaces. There is a common laundry room next door. Fantastic Upside in the Rents!! With Minimal Upgrades the Rents Could Be $1,800. With Full Upgrades you might get $2,100. There is a common driveway easement shared with the neighboring owners. Please do not disturb tenants.

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Price Change History

Date Old Price New Price Percent Change

Community Information

Address:3135-37 Boundary Street San Diego, CA 92104
Area:North Park (92104)
County:San Diego
City:San Diego
Area (MLS Code):Metro Uptown
Subdivision:North Park
Zip Code:92104
Community:NORTH PARK


Bedrooms: 4
Bathrooms: 2
Year Built:1958
Exterior: Stucco
Total Stories: 2
Unit 1: 2 beds, 1 bath. Rent: $1395
Unit 2: 2 beds, 1 bath. Rent: $1250
Roof: Composition

Features / Amenities

Heating: Wall/Gravity
Heat Source: Natural Gas
Water Heater: Gas


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
Site: Public Street
Topography: Slope Gentle
Complex Features: Laundry Facilities
Water: Meter on Property
Sewer: Sewer Connected
Telecommunications: Cable (coaxial)
Fencing: Partial

Tax and Financial Info

Gross Sched Income Actual: $33, 240
Gross Sched Income Projected: $44, 700
Annual Expense Actual: $8, 035
Annual Expense Projected: $11, 774
Cap Rate Actual: $3
Cap Rate Projected: $5
Tenant Pays: Cable TV, Electricity, Gas/Propane
Terms: Cash, Conventional



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Listing information last updated on July 16, 2020 12:00 PM EST.