1611-15 Edgemont Street

San Diego, CA 92102

$1,627,250
Last Sold Price
4
Beds
3
Baths
2,200 Sq. Ft.
$740 / Sq. Ft.
2,200
Sq. Ft.
$740
per Sq. Ft.

Description

3 Units available in Prime South Park. Quite Residential Street. 2 units (The front 2BR/1Bath House and one of the 1BR/1Bath units) will be delivered unoccupied at the close of escrow. Tons of immediate upside in the rents. Estimated $2,000/1BR in current condition. With some updating the pro forma rents should be closer to $2,450. Front 2BR/1.5Bath House with longer term tenant and rents about 25% below market. Large lot with plenty of parking as well as a garage. Each unit has a patio/yard. Alternative...3 Units available in Prime South Park. Quite Residential Street. 2 units (The front 2BR/1Bath House and one of the 1BR/1Bath units) will be delivered unoccupied at the close of escrow. Tons of immediate upside in the rents. Estimated $2,000/1BR in current condition. With some updating the pro forma rents should be closer to $2,450. Front 2BR/1.5Bath House with longer term tenant and rents about 25% below market. Large lot with plenty of parking as well as a garage. Each unit has a patio/yard. Alternative use could be operating as short term rentals with a nightly rate of $150-$200 for the 1BR Bungalow style units.
  1. Listed by Thomas McCartin • DRE #01427348 • Brokerage DRE #00530854 • Marcus & Millichap

Property Details for 1611-15 Edgemont Street

Area
San Diego (92102)
Neighborhood
South Park
City Postal ID
SAN DIEGO (92102)
Cross Street(s)
Cedar St & Edgemont St

Location

Listing Courtesy of Marcus & Millichap, Thomas McCartin, DRE #01427348

Sold By Acre Investment Real Estate, Dylan E Wright, DRE #01411216

Add your commute
LISTING UPDATED: 01/05/2022 12:53 PM

Property Details for 1611-15 Edgemont Street

StatusSold
MLS #210032187
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.17 AC / 7,405 SF
CountySan Diego County

Location

Listing Courtesy of Marcus & Millichap, Thomas McCartin, DRE #01427348

Sold By Acre Investment Real Estate, Dylan E Wright, DRE #01411216

Add your commute

Building Information for 1611-15 Edgemont Street

Stories1Residences-Year Built1938Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$8,881 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,881

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1611-15 Edgemont Street

Summary Information
Property and Location
  • System ID: 210032187
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Year Built: 1938
  • Street Number Numeric: 1611
  • Street Name: Edgemont St.
  • Age Restrictions: N/K
  • Market Area: Metro Central
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 0
  • Num of Units w/Cooling: 0
  • Cooling: None
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: N/K
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 1
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Zoning: R-2 Multip
  • Complex/Park: San Diego
  • Assessors Parcel Num: 539-373-03-00
Utilities
  • Water: N/K
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1611
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $500
  • Unit 1 Estimated SqFt: 950
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $3,400
  • Unit 1 Rent Actual: $2,750
Unit 2
  • Unit Num for Unit 2: 1613
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $750
  • Unit 2 Estimated SqFt: 625
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: No
  • Unit 2 Occupied: Vacant
  • Unit 2 Projected Rent: $2,450
  • Unit 2 Rent Actual: $2,000
Unit 3
  • Unit Num for Unit 3: 1615
  • Unit 3 Num of Bedrooms: 1
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $750
  • Unit 3 Estimated SqFt: 625
  • Unit 3 Exclusive Use Yard: Yes
  • Unit 3 Laundry Hook Ups: No
  • Unit 3 Occupied: Vacant
  • Unit 3 Projected Rent: $2,450
  • Unit 3 Rent Actual: $2,000
Unit 4
  • Unit 4 Num of Total Baths: 0

Property History for 1611-15 Edgemont Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1611-15 Edgemont Street

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

Garfield High School
Public9 to 12

Roosevelt International Middle School
Public6 to 8

Mcgill School Of Success
CharterK to 5

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.

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Listing Courtesy of Marcus & Millichap, Thomas McCartin, DRE #01427348

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