1031 Johnson Avenue

San Diego, CA 92103

$2,000,000
Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity with this 2 on 1 property. Live in one home and rent the other out. Private and separate yards for each home. Front home (1031) has off street parking. Rear home (1033) has a 2 car enclosed carport. Additional single car garage with extra storage located on alley may also be leased for additional income. Front home has recently installed central heat and air conditioning, laundry/mud room with full size hookups. Large living room with fireplace. Master bedroom has 2 closets,...Great investment opportunity with this 2 on 1 property. Live in one home and rent the other out. Private and separate yards for each home. Front home (1031) has off street parking. Rear home (1033) has a 2 car enclosed carport. Additional single car garage with extra storage located on alley may also be leased for additional income. Front home has recently installed central heat and air conditioning, laundry/mud room with full size hookups. Large living room with fireplace. Master bedroom has 2 closets, one of which is a walk in. The master bedroom also has a dressing area separate from the shower area. Rear home has a spacious mud/laundry room with stacked washer and dryer. Kitchen feature full size gas range, dishwasher, fridge and microwave. Wrap around paved patio and mature orange tree. Darling neighborhood that is beautiful to walk around. Property was constructed in the 1940's but the front house was completely remodeled in 1984 (one wall left standing).
  1. Listed by Monica Marquis • DRE #01183548 • Brokerage DRE #01183548 • Coastal Property Management

Property Details for 1031 Johnson Avenue

Cross Streets
Lincoln Ave
Source Living Area
Assessor
Area
Mission Hills San Diego (MIH)
Lot Size Area
5082
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
444-371-03-00

Location

Listing Courtesy of Coastal Property Management, Monica Marquis, DRE #01183548
Add your commute
LISTING UPDATED: 04/18/2024 10:11 PM

Property Details for 1031 Johnson Avenue

StatusActive
MLS #240008440SD
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.12 AC / 5,082 SF
CountySan Diego County

Location

Listing Courtesy of Coastal Property Management, Monica Marquis, DRE #01183548
Add your commute

Building Information for 1031 Johnson Avenue

Stories1Residences-Year Built1940Building Size-Lot Size0.12 AC / 5,082 SF

Payment Calculator

$10,915 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1031 Johnson Avenue

Community / Development
Community / Development
  • Complex Name: NONE
  • Number Of Units: 2
  • Builders Tract Name: University Heights
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • View Description: None
  • Security Features: None
  • Water: Meter on Property
  • Sewer: Sewer Connected
  • Water Heater Features: Gas
  • Water District: CITY OF SAN DIEGO
Contract Info
Contract Info
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $52,000.00
  • Gross Scheduled Income: $58,000
  • Cap Rate: 10.00%
  • Gross Rent Multiplier: $23.00
  • Other Income1: $.00
  • Total Annual Expense: 6000
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Size Dimensions: 34x150
  • Lot Description: Curbs, Sidewalks, Street Paved
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: None, None Known
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Central Forced Air
  • Heating Type: Electric, Fireplace, Forced Air, Natural Gas, Other, Wood
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Electricity, Gas/Propane
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Rent: $4,000.00
  • Unit Actual Rent: $4,000.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Projected Rent: $3,200.00
  • Like Units: 1

Property History for 1031 Johnson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1031 Johnson Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - K to 12
Public - 1 to 12
Rating
School
Distance
Birney Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

Home & Hosp/Transition Support
PublicK to 12

Alba School
Public1 to 12

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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Similar Sold Homes

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1031 Johnson Avenue is a multi-family home for sale in San Diego, CA 92103. This property was listed for sale on April 17, 2024 by Coastal Property Management, it's currently listed at $2,000,000. This listing's school district is San Diego Unified School District. Nearby schools include Birney Elementary School, Roosevelt International Middle School and Home & Hosp/Transition Support. 1031 Johnson Avenue is a 5-bed, 3-bath, multi-family home built in 1940.

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Listing Courtesy of Coastal Property Management, Monica Marquis, DRE #01183548

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