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3651 55 Kite

San Diego, CA 92103
  • $2,975,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 220017898SD
Price Reduced
UPDATED: 70 min ago
$2,975,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Listing Agent(s): John Newton of Cbre (858-546-4600)


Description

Outstanding opportunity in the heart of Mission Hills, an updated single family home with a separate fourplex to the rear, set in one of the neighborhood's best locations. This is the perfect opportunity for an owner to occupy the front house and rent the rear units while improving and expanding on already oversize units. Similar homes on the street are selling for $1.1M. Property features numerous system upgrades and period details including new roof and paint, recently replaced sewer line, upgraded kitchens and baths, in unit washer dryer hookups, and common laundry, multiple patios, space to convert even larger units and improve unit mix, hardwood floors, original fireplace details. All on a large 8,442 sq ft lot. This is a rare opportunity to own in this neighborhood. Residential financing available. Number of Furnished Units: 0

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T16:36:10.273. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/130957111
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3651 55 Kite San Diego, CA 92103

  • Price: $2,975,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 70 min ago
  • ID#: 220017898SD
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1926
Built
Neighborhood:
92103 - Mission Hills
County:
San Diego
Area:
92103 - Mission Hills
Property Description
Outstanding opportunity in the heart of Mission Hills, an updated single family home with a separate fourplex to the rear, set in one of the neighborhood's best locations. This is the perfect opportunity for an owner to occupy the front house and rent the rear units while improving and expanding on already oversize units. Similar homes on the street are selling for $1.1M. Property features numerous system upgrades and period details including new roof and paint, recently replaced sewer line, upgraded kitchens and baths, in unit washer dryer hookups, and common laundry, multiple patios, space to convert even larger units and improve unit mix, hardwood floors, original fireplace details. All on a large 8,442 sq ft lot. This is a rare opportunity to own in this neighborhood. Residential financing available. Number of Furnished Units: 0
Exterior Features

Parking Total 0 Roof CompositionRolled/Hot Mop

Interior Features

Cooling None Cooling YN No

Property Features

Association Fee 0 Cap Rate 2.07 Gross Scheduled Income 129120 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashConventional Net Operating Income 64060 Senior Community YN No Tenant Pays ElectricityGas



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T16:36:10.273. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): John Newton of Cbre (858-546-4600)