$2,600,000
$2,895,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
1575-85 Cable St San Diego, CA 92107
6,788 Sqft Lot
Key Details
Sold Price $2,600,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250027696
Lot Size 6,788 Sqft
Property Sub-Type Apartment
Property Description
**Location* Location* Location***(TPA) Transit Priority Area***Just One Block To Coastline Sunset Cliffs & The Ocean***Sunsets In Perpetuity 365 Days A Year ***Village Living***Value Added Proposition***Located In A Transit Priority Area***Flat Level Usable (50 x 140) 7,000 Sq Ft Corner Lot With Alley Access.***190 Feet Of Frontage***Currently SIX UNITS*** (2) ONE BEDROOM * ONE BATHROOM * Approximately 528 Sq Ft Each ***(4) TWO BEDROOM * ONE BATH ROOM Approximately 700 Sq Ft Each***Total Net Rental Area 4,688 Sq Ft + Community Laundry Room 48 Sq Ft***4 Tuck-Under Garage Parking Spaces***Community Laundry Facilities***6 Plex That Can Become 8 Plex***TPA Transit Priority Area***4 Garages Converted Into ADU *& JADU***Gross Income Potential Over $230,000 YR Market Rent***Market Value Over $3m***Great Long Term Hold***Airport* Downtown* Shopping in Minutes Without having To Get On A Freeway Yet Effortless Access To All Major Freeways In Minutes***
Location
State CA
County San Diego
Area Ocean Beach (92107)
Zoning RM-2-4
Interior
Heating Wall
Cooling Other
Flooring Vinyl
Laundry Owned
Exterior
Exterior Feature Front Sprinklers
Parking Features Garages
Roof Type Other/Remarks
Building
Story 2
Others
Acceptable Financing Cash, Exchange Down, Exchange Up
Space Rent $122,520
Listing Terms Cash, Exchange Down, Exchange Up
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Bought with Marc R Rose • Berkshire Hathaway HomeServices California Properties