939-41 Loring Street

San Diego, CA 92109

$2,750,000
Price
7
Beds
4
Baths
2,985 Sq. Ft.
$921 / Sq. Ft.
2,985
Sq. Ft.
$921
per Sq. Ft.

Description

Located in quiet North PB, a rare triplex gem awaits just steps away from Law Street and Tourmaline beaches. This property, making only its second appearance on the market in over 80 years, offers a unique investment opportunity. The main house is a charming, updated two-story 3-bedroom, 2-bathroom bungalow, complemented by a private front yard and a brand-new Trex® deck in the front and a private fenced-in patio in the back. Two bedrooms and one bath are located downstairs, while upstairs, a spacious...Located in quiet North PB, a rare triplex gem awaits just steps away from Law Street and Tourmaline beaches. This property, making only its second appearance on the market in over 80 years, offers a unique investment opportunity. The main house is a charming, updated two-story 3-bedroom, 2-bathroom bungalow, complemented by a private front yard and a brand-new Trex® deck in the front and a private fenced-in patio in the back. Two bedrooms and one bath are located downstairs, while upstairs, a spacious primary bedroom suite awaits. Inside, discover the convenience of indoor laundry and a large dine-in kitchen, featuring a new GE gas range and ample counter space for culinary delights. Tons of storage space throughout. The private fenced red-brick patio in the back invites relaxation with a gas fireplace, gas BBQ, outdoor dining area, and a 6-person spa. Parking is a breeze with a long paved driveway accommodating two vehicles. The property also features a separate duplex, each unit with 2 bedrooms and 1 bathroom. The downstairs unit boasts a semi-private patio surrounded by a tropical garden space, while the recently remodeled upstairs unit shines with new bathroom fixtures, kitchen upgrades, new flooring, dual-pane windows, and slider opening to a partially enclosed 300 sq ft Lanai. A one-car garage and an additional parking space in the alley provide convenience, with shared laundry facilities and extra storage space for the duplex tenants. The main house operates as a top-producing short-term rental with long-term tenants in the back units. Do not disturb tenants
  1. Listed by Steve Shulman • DRE #01029642 • Brokerage DRE #02073643 • RE/MAX Connection
  2. Listed by Drew W Rutledge • DRE #02109019 • Brokerage DRE #02073643 • RE/MAX Connection

Property Details for 939-41 Loring Street

Area
Pacific Beach (92109)
Neighborhood
Pacific Beach
Community
PACIFIC BEACH
City Postal ID
PACIFIC BEACH (92109)
Cross Street(s)
Bayard

Location

Listing Courtesy of RE/MAX Connection, Steve Shulman, DRE #01029642; RE/MAX Connection, Drew W Rutledge, DRE #02109019
Add your commute
LISTING UPDATED: 04/29/2024 08:39 AM

Property Details for 939-41 Loring Street

StatusActive
MLS #240007710
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1942
Lot Size-
CountySan Diego County

Location

Listing Courtesy of RE/MAX Connection, Steve Shulman, DRE #01029642; RE/MAX Connection, Drew W Rutledge, DRE #02109019
Add your commute

Building Information for 939-41 Loring Street

Stories-Residences-Year Built1942Building Size-Lot Size-

Payment Calculator

$15,008 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,008

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 939-41 Loring Street

Summary Information
Property and Location
  • System ID: 240007710
  • Class: 2-4 UNITS
  • Levels: Other/Remarks
  • Year Built: 1942
  • Street Number Numeric: 939
  • Street Name: Loring Street
  • Complex Features: Laundry Facilities, Other/Remarks
  • Age Restrictions: N/K
  • Market Area: Coastal South
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 3
  • Num of Units w/Cooling: 0
  • Cooling: Wall/Window Unit(s)
  • Heat Equipment: Forced Air Unit
  • Heat Source: Natural Gas
Exterior Features
  • Exterior: Stucco, Wood
  • Roof: Composition
  • Fencing: Partial
  • Security: N/K
  • Pool: N/K
  • Pool Heat: None Known
Property Information
Property and Assessments
  • Entry Only: Yes
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Frontage: Other/Remarks
  • Complex/Park: Pacific Beach
  • Assessors Parcel Num: 415-411-04-00
  • Miscellaneous: N/K
Utilities
  • Irrigation: Other/Remarks
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 939
  • Parking Non-Garage Unit 1: Tandem
  • Unit 1 Num of Bedrooms: 3
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Deposit: $12,000
  • Unit 1 Estimated SqFt: 1,449
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $15,000
  • Unit 1 Rent Actual: $12,000
Unit 2
  • Unit Num for Unit 2: 941
  • Parking Garage Unit 2: Attached
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Estimated SqFt: 768
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Common
  • Unit 2 Occupied: Tenant
  • Unit 2 Prkng Garage Space: 1
  • Unit 2 Projected Rent: $2,900
  • Unit 2 Rent Actual: $2,000
Unit 3
  • Unit Num for Unit 3: 941 1/2
  • Parking Non-Garage Unit 3: Assigned
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $3,250
  • Unit 3 Estimated SqFt: 768
  • Unit 3 Exclusive Use Yard: Yes
  • Unit 3 Laundry Hook Ups: Common
  • Unit 3 Occupied: Tenant
  • Unit 3 Projected Rent: $3,500
  • Unit 3 Rent Actual: $3,250
Unit 4
  • Unit 4 Num of Total Baths: 0
Building Details
  • Heating: Natural Gas, Forced Air

Property History for 939-41 Loring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 939-41 Loring 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

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939-41 Loring Street is a multi-family home for sale in San Diego, CA 92109. This property was listed for sale on April 6, 2024 by RE/MAX Connection, it's currently listed at $2,750,000. This listing's school district is San Diego Unified School District. Nearby schools include Pacific Beach Elementary School, Pacific Beach Middle School and Mission Bay High School. 939-41 Loring Street is a 7-bed, 4-bath, 2,985 sqft multi-family home built in 1942.

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 RE/MAX Connection, Steve Shulman, DRE #01029642; RE/MAX Connection, Drew W Rutledge, DRE #02109019

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