2850 E Street

San Diego, CA 92102

$1,750,000
Price
5
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Major redevelopment opportunity in golden hill! Welcome to 2850-52 E St! The property is under the city of San Diego's Complete Community Housing Solutions Tier 3 FAR 6.5. The new owner can build up to 6 times of the lot size or continue to keep it as a cash flowing 4-plex. The property is situated on a 0.16-acre lot and is a blend of one two bedroom one bathroom unit and three one bedroom one bathroom units. Tenant owned washer and dryer on site and very rare for the area, 6 private parking spots....Major redevelopment opportunity in golden hill! Welcome to 2850-52 E St! The property is under the city of San Diego's Complete Community Housing Solutions Tier 3 FAR 6.5. The new owner can build up to 6 times of the lot size or continue to keep it as a cash flowing 4-plex. The property is situated on a 0.16-acre lot and is a blend of one two bedroom one bathroom unit and three one bedroom one bathroom units. Tenant owned washer and dryer on site and very rare for the area, 6 private parking spots. Ability to rent the garage for additional storage for tenants or potential to convert to a studio.
  1. Listed by Jack Archie • DRE #01984651 • Brokerage DRE #01834648 • Pacific Plains Realty

Property Details for 2850 E Street

Cross Streets
28th and Broadway
Source Living Area
Assessor
Area
San Diego (City) (SD)
Lot Size Area
7133
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly

Location

Listing Courtesy of Pacific Plains Realty, Jack Archie, DRE #01984651
Add your commute
LISTING UPDATED: 04/08/2024 11:20 AM

Property Details for 2850 E Street

StatusActive
MLS #240007377SD
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.16 AC / 7,133 SF
CountySan Diego County

Location

Listing Courtesy of Pacific Plains Realty, Jack Archie, DRE #01984651
Add your commute

Building Information for 2850 E Street

Stories2Residences-Year Built1952Building Size-Lot Size0.16 AC / 7,133 SF

Payment Calculator

$9,550 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2850 E Street

Community / Development
Community / Development
  • Complex Name: N/A
  • Number Of Units: 4
  • Association Fees Include: N/K
  • Builders Tract Name: Golden Hill
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • View Description: None
  • Security Features: None
  • Water: Meter on Property
  • Sewer: Sewer Connected
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $17,645.00
  • Gross Scheduled Income: $43,320
  • Cap Rate: 2.40%
  • Gross Rent Multiplier: $42.70
  • Other Income1: $.00
  • Total Annual Expense: 25675
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.16
  • Lot Description: Curbs
  • Lot Location: Alley Access, Other/Remarks
Parking Details
Parking Details
  • Parking Garage: None, None Known
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: None
  • Heating Type: Other, Wall
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Electricity, Gas/Propane, Sewer, Trash Collection, Water

Property History for 2850 E Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2850 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
Charter - 6 to 8
Rating
School
Distance
Kimbrough Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

Garfield High School
Public9 to 12

King-Chavez Preparatory Academy
Charter6 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.

Similar Homes

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2850 E Street is a multi-family home for sale in San Diego, CA 92102. This property was listed for sale on April 5, 2024 by Pacific Plains Realty, it's currently listed at $1,750,000. This listing's school district is San Diego Unified School District. Nearby schools include Kimbrough Elementary School, Roosevelt International Middle School and Garfield High School. 2850 E Street is a 5-bed, 4-bath, multi-family home built in 1952.

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 Pacific Plains Realty, Jack Archie, DRE #01984651

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