Joe McLaughlin / Broker Associate

My Office Listings

979 W Laurel St
Metro Central San Diego 92101

$1,537,000
2-4 Units 1,059 sq. ft. built: 2007

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Status:
Sold
Prop. Type:
2-4 Units
MLS® Num:
230006178
Sold Date:
Aug 07, 2023
Year Built:
2007
We are pleased to present the opportunity to acquire 979 Laurel Street, San Diego, CA 92101, located in the heart of Little Italy. Two income-producing units plus a garage that can be converted for additional income. Perfect investment for a 1031 exchange. Both units are fully remodeled. This duplex can be utilized for a variety of different investment options. Can operate as one unit or independently and also can be used as a work / live space. Current short-term rental restrictions allow for one unit to automatically gain a short-term rental license while the other unit is occupied either by the owner or long-term tenant. A total of 2,200 SF with updated amenities and move-in ready. Just minutes from the airport, walkable to bars, restaurants and the bay, this location can’t be beat. The project location, strong market fundamentals and lack of new inventory should lead to a stable cash-flow.
Price:
$1,537,000
Property Type:
2-4 Units
Year Built:
2007
MLS® Num:
230006178
Status:
Sold
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Data was last updated May 17, 2024 at 11:10 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$1,200,000
Min list price:
$575,000
Max list price:
$4,500,000
Avg days on market:
45
Min days on market:
1
Max days on market:
820
Avg price per sq.ft.:
$273.84
These statistics are generated based on the current listing's property type and located in Metro Central. Average values are derived using median calculations.
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 © 2024 San Diego Multiple Listing Service, Inc.