1203 23Rd St San Diego, CA 92102

$1,649,000 Price History
3,909 Sq.Ft. On Site: 13 Days
Built: 114
Variance granted. Presenting The Jordan House - A beautiful Prairie-Style turn-of-the-century residence that operates as a Single Room Occupancy (SRO) investment in the strong sub-market of Golden Hill, directly adjacent to Downtown San Diego. The savvy investor will appreciate this property as a solid performing addition to their portfolio or as an ideal 1031 exchange up leg. Property is comprised of (11) single-room occupancy (SRO) rooms/units, which share common kitchen & bathrooms. All units are furnished by owner, and managed impeccably - Entire house & property is in excellent condition with many recent upgrades; this is a perfect turnkey investment. Upside on current rental income; potential possibility of re-positioning property as an AirBNB operation for increased return. Located in the prime area of Golden Hill, centrally located to all of San Diego's attractions. Property is within walking distance to shops, cafes, several eateries, public transit lines, and at the doorstep of downtown San Diego.
Status:Active
Property Type:Com-Res Income
MLS #:190004806
Year Built:114
Sq. Feet:3909
On Site:13 Days
Lot Size:0.09 Acres

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
4/21/2019$1,749,000$1,649,000-5.7%

Community Information

Address:1203 23Rd St San Diego, CA 92102
County:San Diego
Zip Code:92102

Features / Amenities

Total Sq. Ft.:3909
Features: Fully Landscaped, Satellite Dish
Amenities: BBQ
Heating: Floor Furnace

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: 0.09 Acres
Lot Dimensions:.25 Acres or less
Zoning:R-4:MULTIP

Tax and Financial Info

Gross Sched Income Projected: $144, 201
Other Income Projected: $3, 478
Cap Rate Actual: $5
Cap Rate Projected: $6
Gross Income: $129, 166
Actual Operating Expense: $45, 825
Actual Gross Schd Income: $129, 166
Terms: Cash, Cash to New Loan, Exchange Down, Exchange Up, FHA, VA

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Listing Information Last Updated 4/24/2019
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Listing information last updated on 4/24/2019 1:15 PM.