1059 Johnson Avenue

San Diego, CA 92103

$1,710,000
Last Sold Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible investment opportunity with income already being generated on this 2 unit lot. The property has been newly remodeled and includes (2) detached 3 bedroom units - each with their own garage, private outdoor yard space with fire table and washer/dryer. All of this located in a great neighborhood within walking distance to Hillcrest's best restaurants, coffee shops, entertainment and a short drive to Balboa Park, the San Diego Zoo, Downtown/Little Italy and the beaches!Incredible investment opportunity with income already being generated on this 2 unit lot. The property has been newly remodeled and includes (2) detached 3 bedroom units - each with their own garage, private outdoor yard space with fire table and washer/dryer. All of this located in a great neighborhood within walking distance to Hillcrest's best restaurants, coffee shops, entertainment and a short drive to Balboa Park, the San Diego Zoo, Downtown/Little Italy and the beaches!

Listing Agents

  1. Seth Obyrne

    Seth Obyrne

    Listing Agent

    Compass

    DRE #01463479

  2. Alina Mendoza

    Alina Mendoza

    Alternative Listing Agent

    Compass

    DRE #01820197

Property Details for 1059 Johnson Avenue

Cross Streets
Lincoln Ave
Area
Mission Hills (MHL)
Lot Size Area
7292
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
444-371-07-00

Location

Listing Courtesy of Compass, Seth Obyrne, DRE #01463479; Compass, Alina Mendoza, DRE #01820197

Sold By eXp Realty, Sarah Haliburton, DRE #01947884

Add your commute
LISTING UPDATED: 06/27/2022 05:19 PM

Property Details for 1059 Johnson Avenue

StatusSold
MLS #210000865SD
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.17 AC / 7,292 SF
CountySan Diego County

Location

Listing Courtesy of Compass, Seth Obyrne, DRE #01463479; Compass, Alina Mendoza, DRE #01820197

Sold By eXp Realty, Sarah Haliburton, DRE #01947884

Add your commute

Virtual Tour

Building Information for 1059 Johnson Avenue

Stories1Residences-Year Built1920Building Size-Lot Size0.17 AC / 7,292 SF

Payment Calculator

$9,332 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,332

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1059 Johnson Avenue

Community / Development
Community / Development
  • Complex Name: 1059-61 Johnson
  • Number Of Units: 2
  • Builders Tract Name: University Heights
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Financing: Conventional
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $108,200.00
  • Gross Scheduled Income: $140,000
  • Cap Rate: 6.10%
  • Gross Rent Multiplier: $12.50
  • Other Income1: $.00
  • Total Annual Expense: 31800
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: None
Exterior Features
Exterior Features
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Other
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Rent: $5,833.00
  • Unit Actual Rent: $5,833.00
  • Unit Projected Rent: $6,666.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Rent: $5,833.00
  • Unit Actual Rent: $5,833.00
  • Unit Projected Rent: $6,666.00
  • Like Units: 1

Schools near 1059 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Compass, Seth Obyrne, DRE #01463479; Compass, Alina Mendoza, DRE #01820197

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