2863 Ate Street

San Diego, CA 92103

$2,650,000
Last Sold Price
6
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare opportunity in San Diego's prime neighborhood of Mission Hills! Property consists of a 3-bedroom 2.5-bath front house and (3) 1-bedroom 1-bath units with 2,740 rentable square feet. Earn $14,000 of monthly income or live in the main house while collecting $7800 a month from the other three units. Recently updated with a $500,000 investment, each unit offers private outdoor space and modern design, including 1 outdoor hot tub. Ideally located with a 5-minute walk to Little Italy, a 5-minute drive...Rare opportunity in San Diego's prime neighborhood of Mission Hills! Property consists of a 3-bedroom 2.5-bath front house and (3) 1-bedroom 1-bath units with 2,740 rentable square feet. Earn $14,000 of monthly income or live in the main house while collecting $7800 a month from the other three units. Recently updated with a $500,000 investment, each unit offers private outdoor space and modern design, including 1 outdoor hot tub. Ideally located with a 5-minute walk to Little Italy, a 5-minute drive to the airport, and central to all of San Diego with stunning views of the bay.
  1. Listed by Daniel Sipher • DRE #02043589 • Brokerage DRE #02068011 • JLM Real Estate Inc.
  2. Listed by Jason Lee • DRE #02068011 • Brokerage DRE #02068011 • JLM Real Estate Inc.

Property Details for 2863 Ate Street

Cross Streets
State St & Palm St
Area
Mission Hills San Diego (MIH)
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
451-671-02-00

Location

Listing Courtesy of JLM Real Estate Inc., Daniel Sipher, DRE #02043589; JLM Real Estate Inc., Jason Lee, DRE #02068011

Sold By Signature Real Estate Group, Aspen Scharff, DRE #02082948

Add your commute
LISTING UPDATED: 04/25/2024 12:20 PM

Property Details for 2863 Ate Street

StatusSold
MLS #240002805SD
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1932
Lot Size-
CountySan Diego County

Location

Listing Courtesy of JLM Real Estate Inc., Daniel Sipher, DRE #02043589; JLM Real Estate Inc., Jason Lee, DRE #02068011

Sold By Signature Real Estate Group, Aspen Scharff, DRE #02082948

Add your commute

Building Information for 2863 Ate Street

Stories2Residences-Year Built1932Building Size-Lot Size-

Payment Calculator

$14,462 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,462

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2863 Ate Street

Community / Development
Community / Development
  • Complex Name: Middletown
  • Number Of Units: 4
  • Builders Tract Name: Middletown
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: Other
Contract Info
Contract Info
  • Financing: Conventional
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $38,326.00
  • Gross Scheduled Income: $93,600
  • Cap Rate: 1.40%
  • Gross Rent Multiplier: $28.80
  • Other Income1: $.00
  • Total Annual Expense: 52466
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Central Forced Air
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Fence: Other
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, FHA, VA
  • Tenant Pays: Electricity, Gas/Propane

Property History for 2863 Ate Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2863 Ate Street

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

Washington Elementary School
PublicK to 5

Grant K-8
PublicK to 8

Dana
Public5 to 6

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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Similar Sold Homes

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Listing Courtesy of JLM Real Estate Inc., Daniel Sipher, DRE #02043589; JLM Real Estate Inc., Jason Lee, DRE #02068011

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