3071 Hawthorn Street
3071 Hawthorn Street
$1,675,000
4
3
—
—
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Sold 10/14/22
Description
Premier Cottage Style property in an irreplaceable San Diego location near Fern and 30th St surrounded by boutique coffee roasters, breweries, classic restaurants, and walking distance to the famous Balboa Park! Ownership can deliver the entire rear building empty at closing consisting of the primary 2 bedroom unit, the downstairs 1 bed unit, and a huge yard! Allowing an ideal owner-occupy scenario or allowing an investor to immediately renovate those units and capture the current historical high...Premier Cottage Style property in an irreplaceable San Diego location near Fern and 30th St surrounded by boutique coffee roasters, breweries, classic restaurants, and walking distance to the famous Balboa Park! Ownership can deliver the entire rear building empty at closing consisting of the primary 2 bedroom unit, the downstairs 1 bed unit, and a huge yard! Allowing an ideal owner-occupy scenario or allowing an investor to immediately renovate those units and capture the current historical high market rents. 3071 Hawthorn can provide a significantly stronger than average market return at an incredible 4.26% cap rate on as-is unit conditions or 4.81% if the empty rear building is renovated, and 5.95% proforma cap rate after all units are renovated. All units possess mid to large size large private yards with no more than one shared wall and under market rents. Attractive financing quote in hand for a 30% downpayment at a 4.825% interest only rate for 5 years fixed! Or 25% downpayment at a 4.75% rate 5 year fixed with a 30 year amortizing schedule.
- Listed by Allen S Chitayat • DRE #00894356 • CBRE
Property Details for 3071 Hawthorn Street
Area
North Park (92104)
NeighborhoodNone
City Postal IDNORTH PARK (92104)
Cross Street(s)None
Location
LISTING UPDATED: 10/17/2022 01:33 PM
Property Details for 3071 Hawthorn Street
Status | Sold |
---|---|
MLS # | 220020051 |
Days on Market | 9 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | - |
Lot Size | - |
County | San Diego County |
Location
Payment Calculator
$9,141 per month
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Property Information for 3071 Hawthorn Street
Property History for 3071 Hawthorn Street
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 3071 Hawthorn Street
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Golden Hill K-8 PublicK to 8 | ||
Garfield High School Public9 to 12 | ||
Roosevelt International Middle School Public6 to 8 | ||
Mcgill School Of Success CharterK to 5 |
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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