1901 E Street

San Diego, CA 92102

$1,900,000
Price
4
Beds
1,904 Sq. Ft.
$998 / Sq. Ft.
1,904
Sq. Ft.
$998
per Sq. Ft.

Description

A rare redevelopment opportunity across the freeway from Downtown San Diego! Two adjacent parcels on the corner of 19th & E Street totaling 9,531 square feet (.22 Acres) of lot space. One parcel includes Three detached cottage units that each feature their own private entry and garage/storage unit. The other parcel is open land that backs to the on ramp of the interstate 5 and 94. The property is zoned RM-2-5, which permits up to Seven units without any density bonus; but more importantly the property...A rare redevelopment opportunity across the freeway from Downtown San Diego! Two adjacent parcels on the corner of 19th & E Street totaling 9,531 square feet (.22 Acres) of lot space. One parcel includes Three detached cottage units that each feature their own private entry and garage/storage unit. The other parcel is open land that backs to the on ramp of the interstate 5 and 94. The property is zoned RM-2-5, which permits up to Seven units without any density bonus; but more importantly the property is situated in the Complete Communities Tier 3, which permits an FAR of 6.5x the total lot (potential for 61,951.5 square feet). This is a true value-add and redevelopment opportunity that will allow a new owner to build in an area that needs more housing and will have views of Downtown San Diego and Coronado.
  1. Listed by Joe Bonin • DRE #00801397 • Brokerage DRE #01882593 • SVN Vanguard • joe.bonin@svn.com

Property Details for 1901 E Street

Parking Spaces Total
6
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
1904
Assessor Parcel Number
534-374-01-00
Property Attached YN
false

Location

Listing Courtesy of SVN Vanguard, Joe Bonin, DRE #00801397
Add your commute
LISTING UPDATED: 01/06/2024 10:58 PM

Property Details for 1901 E Street

StatusPending
MLS #PTP2300476
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.22 AC / 9,531 SF
CountySan Diego County

Location

Listing Courtesy of SVN Vanguard, Joe Bonin, DRE #00801397
Add your commute

Virtual Tour

Building Information for 1901 E Street

Stories1Residences-Year Built1923Building Size-Lot Size0.22 AC / 9,531 SF

Payment Calculator

$11,070 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$701

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1901 E Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $60,540
  • Gross Scheduled Income: $60,540
  • Net Operating Income: $26,006
  • Cap Rate: 1.37
Expense Details
  • Operating Expense: $32,718
  • New Taxes Expense: $23,110
  • Insurance Expense: $1,892
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $32,718
Tax / Assessment Info
  • Tax Tract Number: 374
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 534
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Washer Hookup
Exterior Features
  • Fence: No
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 5343740600
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Level with Street, Near Public Transit, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: No
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,595
  • Unit Type Total Rent: $1,595
  • Unit Type Pro Forma: 2850
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1901 E Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1901 E Street

Taxable ValueLand$297,668Additions$378,850Total$676,518
Tax Record2020$8,408 ($701 / month)
Home Facts
Total Finished SqFt1,904 SqFtAbove Grade Finished SqFt1,904 SqFtLot Size4,948 SqFtStyleMulti-Family Dwelling (2-4)Year Built1923Year Renovated1923ZoningR3CountySAN DIEGOAPN5343740100

Schools near 1901 E Street

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

Roosevelt International Middle School
Public6 to 8

Garfield High School
Public9 to 12

East Village High
Public9 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.

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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 SVN Vanguard, Joe Bonin, DRE #00801397

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