424 Sloane Avenue

San Diego, CA 92103

$3,795,000
Price
5
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This exceedingly rare opportunity to own a property comprising three legal units, with the extra 4th unit from the new main unit separated, situated in one of San Diego's prime locations. This property promises substantial rental income potential. The original detached building has undergone a complete renovation with 1bed 1bath and one assigned parking. A new detached construction boasting three brand-new units was built in 2023. The main unit offers 2bed 2bath and the third-floor provides 1bed...This exceedingly rare opportunity to own a property comprising three legal units, with the extra 4th unit from the new main unit separated, situated in one of San Diego's prime locations. This property promises substantial rental income potential. The original detached building has undergone a complete renovation with 1bed 1bath and one assigned parking. A new detached construction boasting three brand-new units was built in 2023. The main unit offers 2bed 2bath and the third-floor provides 1bed 1bath. The balconies in various levels have a separate entrance for each unit attached two car garage and two extra assigned parking at the driveway. The ADU has 1bed 1bath with separate entrance from the side, each unit is equipped with a full new kitchen and inside laundry facilities. The property features three electrical meters and one submeter, also sub-meters for water usage.
  1. Listed by Farid Khayamian • DRE #01835318 • Brokerage DRE #01835318 • Bluxen
  2. Listed by Peggy Khayamian • DRE #01879923 • Brokerage DRE #01835318 • Bluxen

Property Details for 424 Sloane Avenue

Zoning
R-3:RESTRI
Cross Streets
Robinson Ave
Source Living Area
Plans
Area
Mission Hills San Diego (MIH)
Lot Size Area
5157
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly

Location

Listing Courtesy of Bluxen, Farid Khayamian, DRE #01835318; Bluxen, Peggy Khayamian, DRE #01879923
Add your commute
LISTING UPDATED: 03/15/2024 11:39 PM

Property Details for 424 Sloane Avenue

StatusActive
MLS #240004215SD
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.12 AC / 5,157 SF
CountySan Diego County

Location

Listing Courtesy of Bluxen, Farid Khayamian, DRE #01835318; Bluxen, Peggy Khayamian, DRE #01879923
Add your commute

Building Information for 424 Sloane Avenue

Stories2Residences-Year Built2023Building Size-Lot Size0.12 AC / 5,157 SF

Payment Calculator

$20,711 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,711

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 424 Sloane Avenue

Community / Development
Community / Development
  • Complex Name: N/K
  • Number Of Units: 3
  • Pets Allowed: Yes
  • Amenities: Other, Other/Remarks
  • Association Fees Include: N/K
  • Builders Tract Name: Mission Hills
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: Yes
  • View Description: City, Evening Lights, Green Belt, Mountains, Valley
  • Security Features: None
  • Water: Available, Meter on Property
  • Sewer: Sewer Available, Sewer Connected
  • Water Heater Features: Gas
  • Water District: CITY OF SAN DIEGO
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $.00
  • Gross Scheduled Income: $0
  • Cap Rate: .00%
  • Gross Rent Multiplier: $.00
  • Other Income1: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.12
  • Lot Size Dimensions: 50x103
  • Lot Location: Cul-De-Sac
Parking Details
Parking Details
  • Parking Garage: None, None Known
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Central Forced Air
  • Heating Type: Forced Air, Natural Gas
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
  • Spa: No
  • Roof: Composition, Rolled/Hot Mop
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Electricity, Water
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Projected Rent: $3,150.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Projected Rent: $3,350.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Projected Rent: $2,950.00
  • Like Units: 1

Property History for 424 Sloane Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 424 Sloane Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - K to 12
Charter - K to 8
Rating
School
Distance
Florence Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

Home & Hosp/Transition Support
PublicK to 12

Museum
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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424 Sloane Avenue is a multi-family home for sale in San Diego, CA 92103. This property was listed for sale on February 25, 2024 by Bluxen, it's currently listed at $3,795,000. This listing's school district is San Diego Unified School District. Nearby schools include Florence Elementary School, Roosevelt International Middle School and Home & Hosp/Transition Support. 424 Sloane Avenue is a 5-bed, 5-bath, multi-family home built in 2023.

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 Bluxen, Farid Khayamian, DRE #01835318; Bluxen, Peggy Khayamian, DRE #01879923

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