2014-20 Irving Avenue
2014-20 Irving Avenue
$1,720,000
4
4
1,844
1,844
$933
Sold 3/30/22
Description
Unique gated turn-key property with Opportunity Zone upside potential. One-of-a-kind in this area receiving $9600 per month rental income. Four (4) One-Bedroom cottages completely renovated with a bonus 5th unit studio (unpermitted). All five units include new kitchens, bathrooms and electric panels, double-paned vinyl windows, mini-split AC/heat units, private fenced-patios, stackable washer dryers and vinyl flooring. Three units have assigned off-street parking spaces. Property is located in Opportunity...Unique gated turn-key property with Opportunity Zone upside potential. One-of-a-kind in this area receiving $9600 per month rental income. Four (4) One-Bedroom cottages completely renovated with a bonus 5th unit studio (unpermitted). All five units include new kitchens, bathrooms and electric panels, double-paned vinyl windows, mini-split AC/heat units, private fenced-patios, stackable washer dryers and vinyl flooring. Three units have assigned off-street parking spaces. Property is located in Opportunity Zone (per US Dept of Treasury, investors who build get tax discounts after five or seven years and ultimately pay no taxes on capital gains after 10 years) and new zoning laws will allow garage to be permitted as ADU and/or removed to develop large back area with multiple garages and extra units. Studio has been renovated with mini-split A/C/Heat, full kitchen w/ stainless appliances, bath with tub, walk-in closet and stackable washer dryer. It is booked continuously on Airbnb with average $2,500 per month net of fees. Highly desirable rental location with close proximity to downtown, Trolley stop, Petco Stadium and military bases at 32nd Street Naval Station and Naval Base Coronado Island. Easily rents to military personnel at top dollar market rents. Lush landscaping (gardener maintained) with avocado, orange and fig trees. Succulents and other drought tolerant plants are included for low water consumption. Seller (50% of ownership) is also a California Licensed Broker - CalBRE #01888816.
- Listed by Christopher Cacioppo • DRE #01888816 • Christopher Cacioppo, Broker
Property Details for 2014-20 Irving Avenue
Area
Logan Heights (92113)
NeighborhoodLogan Heights
CommunityLOGAN HEIGHTS
View DescriptionCity
City Postal IDLOGAN HEIGHTS (92113)
Cross Street(s)Dewey Street near Cesar Chavez
Location
LISTING UPDATED: 03/30/2022 05:18 PM
Property Details for 2014-20 Irving Avenue
Status | Sold |
---|---|
MLS # | 220001013 |
Days on Market | 8 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1937 |
Lot Size | 0.16 AC / 7,073 SF |
County | San Diego County |
Location
Building Information for 2014-20 Irving Avenue
Stories1Residences-Year Built1937Building Size-Lot Size0.16 AC / 7,073 SF
Payment Calculator
$9,387 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2014-20 Irving Avenue
Property History for 2014-20 Irving Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2014-20 Irving Avenue
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | K to 8 | |||
Charter - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Burbank Elementary School PublicK to 5 | ||
King-Chavez Academy Of Excellence CharterK to 8 | ||
e3 Civic High School Charter9 to 12 | ||
Logan K-8 PublicK to 8 |
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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