840 1/2 Emerald Street

San Diego, CA 92109

$3,492,400
Last Sold Price
11
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

We are pleased to offer the fee interest in 849 Emerald, an exceptionally well located investment opportunity a block from the beach and 2 blocks north of Garnet Av. in Pacific Beach, a premier coastal community in San Diego. With some ocean views, the property is comprised of 7 units that have operated at 99% occupancy over the last 5 years. As 2 newly renovated interiors have demonstrated, there are immediate opportunities to increase returns through interior renovation or short term rentals. Discover...We are pleased to offer the fee interest in 849 Emerald, an exceptionally well located investment opportunity a block from the beach and 2 blocks north of Garnet Av. in Pacific Beach, a premier coastal community in San Diego. With some ocean views, the property is comprised of 7 units that have operated at 99% occupancy over the last 5 years. As 2 newly renovated interiors have demonstrated, there are immediate opportunities to increase returns through interior renovation or short term rentals. Discover the fact that rental rates are higher in the immediate coastal area thanks to proximity to the ocean and Garnet Av. nightlife. All tenants are current on rent.
  1. Listed by Martin McGee • DRE #00589584 • Martin McGee

Property Details for 840 1/2 Emerald Street

City Postal ID
PACIFIC BEACH (92109)

Location

Listing Courtesy of Martin McGee, Martin McGee, DRE #00589584

Sold By Billionaires Row, Gregg G Whitney, DRE #01005985

Add your commute
LISTING UPDATED: 04/19/2021 06:11 PM

Property Details for 840 1/2 Emerald Street

StatusSold
MLS #200047270
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size0.14 AC / 6,249 SF
CountySan Diego County

Location

Listing Courtesy of Martin McGee, Martin McGee, DRE #00589584

Sold By Billionaires Row, Gregg G Whitney, DRE #01005985

Add your commute

Building Information for 840 1/2 Emerald Street

Stories-Residences-Year Built-Building Size-Lot Size0.14 AC / 6,249 SF

Payment Calculator

$19,059 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,059

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 840 1/2 Emerald Street

Summary Information
Property and Location
  • System ID: 200047270
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 849
  • Street Name: Emerald St
  • Market Area: Coastal South
Interior and Exterior Features
Exterior Features
  • Exterior: All Auto Sprinklers, Fully Landscaped, Part Fenced
  • Roof: Composition
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 415-592-05-00
Multi Family Information
Unit 1
  • Unit Furnished: 0
  • Unit 1 Number of Bedrooms: 11
Building Details
  • Amenities: BBQ
  • Construction: Frame
  • Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet
  • Floors: Wood
  • Have: 7 U
  • Motive/Want: 1031 Exchange
  • Parking: Garages, Spaces
  • SqFt of Improvement: 4,930
  • Tenant Pays Electric: Y
  • Tenant Pays Gas: Y
  • Tenant Pays Water: N

Property History for 840 1/2 Emerald Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 840 1/2 Emerald Street

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
Public - K to 6
Rating
School
Distance
Pacific Beach Elementary School
PublicK to 5

Pacific Beach Middle School
Public6 to 8

Mission Bay High School
Public9 to 12

Barnard Elementary School
PublicK 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

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

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 Martin McGee, Martin McGee, DRE #00589584

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 SDMLS®, Inc.