2922 Menlo Avenue

San Diego, CA 92105

$1,100,000
Last Sold Price
3
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor Opportunity. Do not visit or walk on property. Rare opportunity to purchase a 21,065 SF lot with potential to build up to six detached homes, each with a garage and an ADU. Talk to an architect about how to add junior ADUs as well. Potential for 15 units. Option 2: Adjust lot lines and rehab current structures. All properties, 2922-24 Menlo, are being sold to the same Buyer. Located in a central location close to freeways and only 10 minutes to Downtown San Diego, Balboa Park, and bordering...Investor Opportunity. Do not visit or walk on property. Rare opportunity to purchase a 21,065 SF lot with potential to build up to six detached homes, each with a garage and an ADU. Talk to an architect about how to add junior ADUs as well. Potential for 15 units. Option 2: Adjust lot lines and rehab current structures. All properties, 2922-24 Menlo, are being sold to the same Buyer. Located in a central location close to freeways and only 10 minutes to Downtown San Diego, Balboa Park, and bordering walkable, upbeat neighborhoods like North Park, South Park, and Golden Hill. There are three parcel #s: 476-401-21-00, 476-401-23-00,476-401-22-00.

Listing Agent

  1. Rob Donahue

    Rob Donahue

    Listing Agent

    Compass

    DRE #01955467

    robdonahue@compass.com

    P: 619.507.3954

Property Details for 2922 Menlo Avenue

Cross Streets
Olive
Source Living Area
Assessor
Area
East San Diego (ESD)
Lot Size Area
21065
Source Lot Size Area
Survey
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0

Location

Listing Courtesy of Compass, Rob Donahue, DRE #01955467

Sold By Robert Realty, Robert Antoniadis, DRE #01727428

Add your commute
LISTING UPDATED: 12/18/2022 07:01 PM

Property Details for 2922 Menlo Avenue

StatusSold
MLS #220015999SD
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2000
Lot Size0.48 AC / 21,065 SF
CountySan Diego County

Location

Listing Courtesy of Compass, Rob Donahue, DRE #01955467

Sold By Robert Realty, Robert Antoniadis, DRE #01727428

Add your commute

Virtual Tour

Building Information for 2922 Menlo Avenue

Stories1Residences-Year Built2000Building Size-Lot Size0.48 AC / 21,065 SF

Payment Calculator

$6,414 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$411

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2922 Menlo Avenue

Community / Development
Community / Development
  • Complex Name: Menlo Properties
  • Number Of Units: 2
  • Association Fees Include: N/K
  • Builders Tract Name: Swan Canyon
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Financing: Cash
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $30,064.00
  • Gross Scheduled Income: $31,164
  • Cap Rate: 2.00%
  • Gross Rent Multiplier: $40.00
  • Other Income1: $.00
  • Total Annual Expense: 1000
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Parking Details
Parking Details
  • Parking Garage: Other/Remarks
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: None
  • Heating Type: Other
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Full
Lease Terms
Lease Terms
  • Listing Terms: Cash
  • Tenant Pays: Electricity, Gas/Propane, Water
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $1,350.00
  • Unit Actual Rent: $1,350.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $1,255.00
  • Unit Actual Rent: $1,255.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 1

Property History for 2922 Menlo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2922 Menlo Avenue

Taxable ValueLand$400,000Additions-Total$400,000
Tax Record2023$4,927 ($411 / month)
Home Facts
Beds0Lot Size10,891 SqFtStyleResidentialZoningR-2:MINOR MULCountySAN DIEGOAPN476-401-21-00

Schools near 2922 Menlo Avenue

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 - K to 8
Rating
School
Distance
Hamilton Elementary School
PublicK to 5

Clark Middle School
Public6 to 8

Hoover High School
Public9 to 12

Holly Drive Leadership Academy
CharterK 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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Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Compass, Rob Donahue, DRE #01955467

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