320-24 South 49th Street

San Diego, CA 92113

$1,299,000
Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

320-24 S 49th Street stands out as an exceptional opportunity in an Opportunity Zone, in harmony with the Complete Communities Plan. This property encompasses three fully upgraded 2-bedroom, 1-bath houses on an expansive 8,856 square foot lot. Unlocking its potential, envision adding an extra floor to each house or constructing a 3 or 4-story structure within the spacious grounds in the open space in between houses. Notably, all units have undergone significant renovations within the last 4 years,...320-24 S 49th Street stands out as an exceptional opportunity in an Opportunity Zone, in harmony with the Complete Communities Plan. This property encompasses three fully upgraded 2-bedroom, 1-bath houses on an expansive 8,856 square foot lot. Unlocking its potential, envision adding an extra floor to each house or constructing a 3 or 4-story structure within the spacious grounds in the open space in between houses. Notably, all units have undergone significant renovations within the last 4 years, showcasing modern amenities such as tiled kitchens and baths, new cabinets, vanities, and appliances. Currently generating robust rental income averaging $2,700 to $2,800 per unit monthly, this property offers versatility. It suits multi-generational living, income generation through rentals, or serves as an enticing investment opportunity. Moreover, the flexibility extends to delivery options: it can be presented vacant, an attractive prospect for investors, or with tenants, with the added convenience of one year of included property management. This versatility makes it an appealing choice for various investment strategies.
  1. Listed by Amir Miraftab • DRE #01860748 • Brokerage DRE #01878277 • eXp Realty of California, Inc.
  2. Listed by Suzanne Svahn • DRE #01956941 • Brokerage DRE #01878277 • eXp Realty of California, Inc.

Property Details for 320-24 South 49th Street

Area
Logan Heights (92113)
Neighborhood
Lincoln park
Community
SAN DIEGO
City Postal ID
LOGAN HEIGHTS (92113)
Cross Street(s)
Franklin Ave

Location

Listing Courtesy of eXp Realty of California, Inc., Amir Miraftab, DRE #01860748; eXp Realty of California, Inc., Suzanne Svahn, DRE #01956941
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LISTING UPDATED: 05/31/2024 11:34 AM

Property Details for 320-24 South 49th Street

StatusActive
MLS #240010682
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.20 AC / 8,856 SF
CountySan Diego County

Location

Listing Courtesy of eXp Realty of California, Inc., Amir Miraftab, DRE #01860748; eXp Realty of California, Inc., Suzanne Svahn, DRE #01956941
Add your commute

Building Information for 320-24 South 49th Street

Stories1Residences-Year Built1948Building Size-Lot Size0.20 AC / 8,856 SF

Payment Calculator

$7,089 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,089

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 320-24 South 49th Street

Summary Information
Property and Location
  • System ID: 240010682
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Year Built: 1948
  • Street Number Numeric: 320
  • Street Direction: S
  • Street Name: 49th Street
  • Age Restrictions: N/K
  • Market Area: Metro Central
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 3
  • Num of Units w/Cooling: 1
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: Full, Partial
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 1
  • Entry Only: No
  • Lot Size: 7,500-10,889 SF
  • Lot Size Source: Appraisal
  • Complex/Park: N/A
  • Assessors Parcel Num: 547-512-22-00
Multi Family Information
Unit 1
  • Parking Spaces Tot-Unit 1: 0
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $2,750
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $2,750
  • Unit 1 Rent Actual: $2,750
Unit 2
  • Parking Spaces Tot-Unit 2: 0
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $1,375
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Vacant
  • Unit 2 Projected Rent: $2,750
  • Unit 2 Rent Actual: $0
Unit 3
  • Parking Spaces Tot-Unit 3: 0
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $2,700
  • Unit 3 Exclusive Use Yard: Yes
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 3 Occupied: Vacant
  • Unit 3 Projected Rent: $2,700
  • Unit 3 Rent Actual: $0
Unit 4
  • Parking Spaces Tot-Unit 4: 0
  • Unit 4 Num of Total Baths: 0

Property History for 320-24 South 49th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 320-24 South 49th Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Porter Elementary School
PublicK to 6

Knox Middle
Public6 to 8

Lincoln High School
Public9 to 12

KIPP Adelante Preparatory Academy
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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320-24 South 49th Street is a multi-family home for sale in San Diego, CA 92113. This property was listed for sale on May 14, 2024 by eXp Realty of California, Inc., it's currently listed at $1,299,000. This listing's school district is San Diego Unified School District. Nearby schools include Porter Elementary School, Knox Middle and Lincoln High School. 320-24 South 49th Street is a 6-bed, 3-bath, multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California, Inc., Amir Miraftab, DRE #01860748; eXp Realty of California, Inc., Suzanne Svahn, DRE #01956941

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