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1268 74 Locust St
92106 - Point Loma San Diego 92106

$3,397,000
Residential Income baths: 0.0 built: 1992

Main Photo: 1268 74 Locust St in San Diego: Residential Income for sale (92106 - Point Loma)  : MLS®# 230022316SD
Photo 1: 1268 74 Locust St in San Diego: Residential Income for sale (92106 - Point Loma)  : MLS®# 230022316SD
Photo 2: 1268 74 Locust St in San Diego: Residential Income for sale (92106 - Point Loma)  : MLS®# 230022316SD
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Photo 44: 1268 74 Locust St in San Diego: Residential Income for sale (92106 - Point Loma)  : MLS®# 230022316SD
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
230022316SD
Year Built:
1992
A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property’s driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego’s highly desirable locales. Don’t let it pass you by! A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property’s driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego’s highly desirable locales. Don’t let it pass you by!
Lot Area:
5,327 sq. ft.
Bathrooms:
0.0 (Full:-, Half:-)
Year built:
1992 (Age: 32)
Park Name:
N/A
General Listing Location:
San Diego, 92106 - Point Loma
County Or Parish:
San Diego
Tenant Pays:
Cable TV, Electricity, Sewer, Water
Gross Scheduled Income:
$7,876
Net Operating Income:
$84,395
Cap Rate %:
2.48
Association Fee:
$0
Please use Apple or Google Maps. CrossStreet: Dickens Street
Appliances:
Gas Water Heater
Number of Buildings:
1
Senior Community:
No
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Sprinkler System
Subdivision Name:
Point Loma
Levels:
Two
Num Stories:
2
# Units:
4
Heating:
Combination, Forced Air, Natural Gas
Cooling:
None
Fencing:
Partial
Water supply:
See Remarks
Spa:
Yes
Total Parking Spaces:
1
Parcel Number:
5313140700
Zoning:
R-4
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Listed by Keller Williams San Diego Metro
Data was last updated December 7, 2024 at 10:40 AM (UTC)