Joe McLaughlin / Broker Associate
619-980-5101 joe@HomesofSanDiego.com
My Office Listings
- Status:
- Active
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 220015999
- Year Built:
- 2000
- Photos (12)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Investor Opportunity. Do not visit or walk on property. Rare opportunity to purchase a 21,065 SF lot with potential to build up to six detached homes, each with a garage and an ADU. Talk to an architect about how to add junior ADUs as well. Potential for 15 units. Option 2: Adjust lot lines and rehab current structures. All properties, 2922-24 Menlo, are being sold to the same Buyer. Located in a central location close to freeways and only 10 minutes to Downtown San Diego, Balboa Park, and bordering walkable, upbeat neighborhoods like North Park, South Park, and Golden Hill. There are three parcel #s: 476-401-21-00, 476-401-23-00,476-401-22-00.
- Total Floor Area:
- 21,065 sq. ft.
- Lot Size:
- .5 to 1 AC
- Number of Buildings:
- 2
- Number of Units:
- 2
- Year Built:
- 2000
- Stories:
- 1 Story
- Total Stories:
- 1
- Market Area:
- Metro Uptown
- Community:
- CITY HEIGHTS
- County:
- San Diego
- Neighborhood Code:
- Swan Canyon
- Name of Complex/Subdivision:
- Menlo Properties
- Home Owner Fees:
- 0.0
- Home Owner Fees Include:
- N/K
- Mello Roos Fee:
- 0.0
- Monthly Total Fees:
- 0.0
- Other Fees:
- 0.0
- Other Fee Type:
- N/K
- Tenant pays:
- Water, Electricity, Gas/Propane
- Other income:
- 0
- Annual expense actual:
- 1000
- Cap Rate.:
- 2.0
- Projected Cap Rate.:
- 4.0
- Gross Rent Multiplier:
- 40.0
- Gross scheduled income:
- 31164
- Unit Number for Unit 1:
- 2924
- Finished Area for Unit 1:
- 800 sq. ft.
- Bedrooms for Unit 1:
- 2
- Number of bathrooms for Unit 1:
- 1
- Full Bathrooms for Unit 1:
- 1
- Half Bathrooms for Unit 1:
- 0
- Deposit for Unit 1:
- 2000.0
- Total Rent for Unit 1:
- 1350.0
- Projected Rent for Unit 1:
- 2350.0
- Total Garage Spaces for Unit 1:
- 1
- Garage for Unit 1:
- N/K
- Parking for Unit 1:
- None Known
- Unit 1 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 1:
- Yes
- Unit Number for Unit 2:
- 2922 1/2
- Finished Area for Unit 2:
- 600 sq. ft.
- Bedrooms for Unit 2:
- 1
- Number of bathrooms for Unit 2:
- 1
- Full Bathrooms for Unit 2:
- 1
- Half Bathrooms for Unit 2:
- 0
- Deposit for Unit 2:
- 1255.0
- Total Rent for Unit 2:
- 1255.0
- Projected Rent for Unit 2:
- 1950.0
- Total Garage Spaces for Unit 2:
- 0
- Garage for Unit 2:
- N/K
- Unit 2 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 2:
- Yes
- Number of bathrooms for Unit 3:
- 0
- Garage for Unit 3:
- N/K
- Number of bathrooms for Unit 4:
- 0
- Garage for Unit 4:
- N/K
- Olive
- Miscellaneous:
- N/K
- Exposure Front:
- N/K
- Exterior Features:
- Stone
- Directions:
- Olive to Menlo - But the properties face 46th Street.
- Cooling:
- None
- Heating fuel:
- Other/Remarks
- Irrigation:
- N/K
- Additional Use:
- N/K
- Number of Units with Cooling:
- 0
- Number of Units with Dishwashers:
- 2
- Number of Units with Dryers:
- 2
- Number of Units with Fireplaces:
- 0
- Number of Furnished Units:
- 0
- Number of Units with Garages:
- 1
- Number of Units with Patios:
- 0
- Number of Units with Range/Oven:
- 2
- Number of Units with Refrigerators:
- 2
- Number of Units with Washers:
- 2
- Roof:
- Composition
- RV Parking:
- Other/Remarks
- Security:
- N/K
- Fencing:
- Full
- Short Sale:
- No
- Listing Type:
- Exclusive Right (R)
- Age Restrictions:
- N/K
- Sales Restrictions:
- N/K
- Terms:
- Cash
- Parcel Number:
- 476-401-23-00
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Data was last updated July 3, 2022 at 09:10 PM (UTC)
Area Statistics
- Listings on market:
- 74
- Avg list price:
- $1,298,450
- Min list price:
- $675,000
- Max list price:
- $2,879,000
- Avg days on market:
- 84
- Min days on market:
- 2
- Max days on market:
- 829
- Avg price per sq.ft.:
- $217.42
These statistics are generated based on the current listing's property type
and located in
Metro Uptown. Average values are
derived using median calculations.
- Robert Donahue
- Compass
- 619-507-3954
- Contact by Email
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2022 San Diego Multiple Listing Service, Inc.
About Me
I make myself available at all times. My web site is here to help you 24 hours a day. When you are ready to see a listing in person, or just have a simple question, please dont hesitate to contact me!
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Direct: 619-980-5101
7863 Girard Ave #208/210, La Jolla, CA, 92037, US
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2022 San Diego Multiple Listing Service, Inc.