1040 West Redwood Street

San Diego, CA 92103

$1,200,000
Last Sold Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Calling all developers! Rare opportunity awaits in the heart of san diegos urban core! TREMENDOUS PANARAMIC VIEW potential of San Diego Bay & ocean, downtown skyline, Point Loma, Coronado, and More! LOT ZONED RM 2-5 One Dwelling Unit per 1500 square feet Lot Size 8,749 nearly double wide lot with 87 feet of street frontage! Complete Communities Ordinance allows for additional density consideration with habitable GFA increasing from 8,859 to 56,875.Calling all developers! Rare opportunity awaits in the heart of san diegos urban core! TREMENDOUS PANARAMIC VIEW potential of San Diego Bay & ocean, downtown skyline, Point Loma, Coronado, and More! LOT ZONED RM 2-5 One Dwelling Unit per 1500 square feet Lot Size 8,749 nearly double wide lot with 87 feet of street frontage! Complete Communities Ordinance allows for additional density consideration with habitable GFA increasing from 8,859 to 56,875.
  1. Listed by Nick Emerson • DRE #01897169 • Brokerage DRE #01460198 • Keller Williams SD Signature

Property Details for 1040 West Redwood Street

Zoning
R-2:MINOR
Cross Streets
Redwood and Union
Source Living Area
Assessor
Area
Mission Hills (MHL)
Lot Size Area
8749
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly

Location

Listing Courtesy of Keller Williams SD Signature, Nick Emerson, DRE #01897169

Sold By Keller Williams SD Signature, Nick Emerson, DRE #01897169

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LISTING UPDATED: 06/27/2022 12:20 PM

Property Details for 1040 West Redwood Street

StatusSold
MLS #220000804SD
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1942
Lot Size0.20 AC / 8,749 SF
CountySan Diego County

Location

Listing Courtesy of Keller Williams SD Signature, Nick Emerson, DRE #01897169

Sold By Keller Williams SD Signature, Nick Emerson, DRE #01897169

Add your commute

Building Information for 1040 West Redwood Street

Stories2Residences-Year Built1942Building Size-Lot Size0.20 AC / 8,749 SF

Payment Calculator

$6,549 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1040 West Redwood Street

Community / Development
Community / Development
  • Complex Name: N/A
  • Number Of Units: 2
  • Pets Allowed: Yes
  • Amenities: Laundry Facilities
  • Builders Tract Name: Middletown
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: Yes
  • View Description: Bay, City, Evening Lights, Mountains
  • Security Features: None
  • Sewer: Sewer Connected
Contract Info
Contract Info
  • Financing: Seller May Carry
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $32,980.00
  • Gross Scheduled Income: $44,124
  • Cap Rate: 2.10%
  • Gross Rent Multiplier: $35.55
  • Other Income1: $.00
  • Total Annual Expense: 11143
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.2
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: None
  • Heating Type: Fireplace, Natural Gas
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Electricity, Gas/Propane
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $1,827.00
  • Unit Actual Rent: $1,827.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Like Units: 1

Property History for 1040 West Redwood Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1040 West Redwood Street

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

Washington Elementary School
PublicK to 5

Grant K-8
PublicK to 8

Dana
Public5 to 6

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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Listing Courtesy of Keller Williams SD Signature, Nick Emerson, DRE #01897169

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