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728-730 Bush Street

San Diego, CA 92103
  • $2,150,000
  • STATUS: ACTIVE
  • ON SITE: 33 Days
  • ID#: 210030064
UPDATED: 30 min ago
$2,150,000
  • 6
    BEDS
  • 0.13
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

First time on the market since 1974!! Properties like these rarely come available in this great Mission Hills location. The two buildings are being sold together. The combined lot size is 11,320SF. Endless remodel/redevelopment possibilities. Live in one, rent the others? 728-30 has a downstairs studio w/"bonus" enclosed patio, and a 3/2 upstairs with a loft, generous size deck & additional outdoor space for each unit. Building 734-36 (APN#451-072-16-00) has a 1/1 downstairs w/private covered patio and a front yard. The 2/2 upstairs is a split level with separate entrances, with the use of a great big yard and multiple decks. Possibly rent as two single units, 1 bed and studio? The original character makes this property so unique. Each unit has a secured parking space. The gated property sits at the end of a historically quiet cul-de-sac. Great walkability to shops, restaurants & public transportation.

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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 MLS. 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.themarellygroup.com/homes/122887029
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728-730 Bush Street San Diego, CA 92103

  • Price: $2,150,000
  • Status: ACTIVE
  • On Site: 33 Days
  • Updated: 30 min ago
  • ID#: 210030064
6
Beds
6
Baths
0
½ Baths
0.13
Acres
1930
Built
Neighborhood:
Mission Hills
County:
San Diego
Area:
Mission Hills (92103)
Property Description
First time on the market since 1974!! Properties like these rarely come available in this great Mission Hills location. The two buildings are being sold together. The combined lot size is 11,320SF. Endless remodel/redevelopment possibilities. Live in one, rent the others? 728-30 has a downstairs studio w/"bonus" enclosed patio, and a 3/2 upstairs with a loft, generous size deck & additional outdoor space for each unit. Building 734-36 (APN#451-072-16-00) has a 1/1 downstairs w/private covered patio and a front yard. The 2/2 upstairs is a split level with separate entrances, with the use of a great big yard and multiple decks. Possibly rent as two single units, 1 bed and studio? The original character makes this property so unique. Each unit has a secured parking space. The gated property sits at the end of a historically quiet cul-de-sac. Great walkability to shops, restaurants & public transportation.
Exterior Features

Exterior Wood Fencing Gate Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Parking Non Garage Desc Unit1 AssignedGated Parking Non Garage Desc Unit2 AssignedGated Parking Non Garage Desc Unit3 AssignedGated Parking Non Garage Desc Unit4 AssignedGated Pool N/K Roof Composition Site Cul-De-Sac Spa N/K Topography Level Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 4

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment N/K Stories Other/Remarks Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 2 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 1 Units With Dishwashers 2 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4 Water Heater Type Other/Remarks

Property Features

Actual Cap Rate 3.79 Age Restrictions N/K Annual Expense Actual 13832 Annual Expense Projected 13832 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Mission Hills Complex Park N/A Cross Streets Goldfinch Gross Rent Multiplier Actual 22.87 Gross Rent Multiplier Project 18.27 Gross Scheduled Income Actual 104700 Gross Scheduled Income Project 131100 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Net Operating Income Projected 131100 Other Fees 0.0 Other Income Actual 0 Pets Allowed W/Restrictions Possession Close Of Escrow Projected Cap Rate 4.9 Sales Restrictions N/K Security Automatic Gate Sewer Septic Sewer Connected Short Sale No Tenant Pays Cable TvElectricity Terms CashConventional Unit Number For Unit1 730 Unit Number For Unit2 728 Unit Number For Unit3 734 Unit Number4 736 Unit1 Deposit 1950 Unit1 Occupied Tenant Unit1 Projected Rent 2075.0 Unit1 Rent Actual 1950.0 Unit2 Deposit 2900 Unit2 Occupied Tenant Unit2 Projected Rent 3500.0 Unit2 Rent Actual 2900.0 Unit3 Deposit 1800 Unit3 Occupied Tenant Unit3 Projected Rent 2350 Unit3 Rent Actual 1800.0 Unit4 Deposit 850 Unit4 Occupied Tenant Unit4 Projected Rent 3000 Unit4 Rent Actual 2075.0 Water District City Of San Diego Zoning R-2:Minor

Listing provided courtesy of Century 21 1st Choice Realty. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
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 MLS. 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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Bonsall CA, 92003