801 Torrance Street

San Diego, CA 92103

$2,045,000
Last Sold Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Extremely rare opportunity to have your cake and eat it too in one of San Diego's most incredible neighborhoods. Enjoy great monthly income or live in the owner's penthouse unit and collect rent from the other 3 units. Extensive updating and modernizing each unit as well as a new roof. Each unit has their own private outdoor space, perfect for entertaining. Each unit boasts a Modern design with an open, bright floor plan - totally ready to move in! Each unit comes fully furnished! Zoned to build...Extremely rare opportunity to have your cake and eat it too in one of San Diego's most incredible neighborhoods. Enjoy great monthly income or live in the owner's penthouse unit and collect rent from the other 3 units. Extensive updating and modernizing each unit as well as a new roof. Each unit has their own private outdoor space, perfect for entertaining. Each unit boasts a Modern design with an open, bright floor plan - totally ready to move in! Each unit comes fully furnished! Zoned to build up to more units! Mission Hill's developer's dream!
  1. Listed by Ali Payam Batiari • DRE #02014983 • Keller Williams La Jolla

Property Details for 801 Torrance Street

Cross Streets
Reynard Ave and Torrance St
Source Living Area
Assessor
Area
Mission Hills (MHL)
Lot Size Area
20000
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly

Location

Listing Courtesy of Keller Williams La Jolla, Ali Payam Batiari, DRE #02014983

Sold By Douglas Elliman of California, Tyler Jones, DRE #02025646

Add your commute
LISTING UPDATED: 02/02/2023 10:56 AM

Property Details for 801 Torrance Street

StatusSold
MLS #220026692SD
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.46 AC / 20,000 SF
CountySan Diego County

Location

Listing Courtesy of Keller Williams La Jolla, Ali Payam Batiari, DRE #02014983

Sold By Douglas Elliman of California, Tyler Jones, DRE #02025646

Add your commute

Building Information for 801 Torrance Street

Stories2Residences-Year Built1958Building Size-Lot Size0.46 AC / 20,000 SF

Payment Calculator

$12,206 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,160

Property Taxes

$1,046

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 801 Torrance Street

Community / Development
Community / Development
  • Complex Name: N/K
  • Number Of Units: 4
  • Builders Tract Name: South Mission Hills
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: T.V.
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: $133,728.00
  • Gross Scheduled Income: $172,800
  • Cap Rate: 6.70%
  • Gross Rent Multiplier: $11.50
  • Other Income1: $.00
  • Total Annual Expense: 33888
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.46
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Central Forced Air
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Fence: Full, Gate
Lease Terms
Lease Terms
  • Listing Terms: Cal Vet Loan, Cash, Conventional, FHA, VA
  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $3,400.00
  • Unit Actual Rent: $3,400.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $3,400.00
  • Unit Actual Rent: $3,400.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $4,000.00
  • Unit Actual Rent: $4,000.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $4,000.00
  • Unit Actual Rent: $4,000.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1

Property History for 801 Torrance Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 801 Torrance Street

Taxable ValueLand$765,000Additions$326,400Total$1,091,400
Tax Record2017$12,555 ($1,046 / month)
Home Facts
Beds8Above Grade Finished SqFt2,688 SqFtLot Size19,963 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Year Renovated1958ZoningR4CountySAN DIEGOAPN4512801500

Schools near 801 Torrance Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 5 to 6
Public - 6 to 8
Public - 7 to 8
Rating
School
Distance
Grant K-8
PublicK to 8

Dana
Public5 to 6

Roosevelt International Middle School
Public6 to 8

Correia Middle School
Public7 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

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Listing Courtesy of Keller Williams La Jolla, Ali Payam Batiari, DRE #02014983

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