$2,999,999
Units: 5
274 Days On Market

Courtesy of Compass.

Property Type: Com-res Income
Status: Active
Neighborhood: Ca
Days On Website: 274

Property Details for 1833-37 Fern St, San Diego, CA 92102

Variance granted Commercial Res Income. VA 100% Financing OK! Welcome to this stunning five-unit property (3 Units + 2 ADUs) in the charming and very walkable South Park neighborhood of San Diego. This property consists of 5 Units Total: 1833 Fern is a 4 bed 3 bath Single Family home, 1835 Fern Units A & B is a top/bottom duplex identical 1 bd 1 ba's, and 2 new construction ADUs both identical 1bd 1ba's. This is an excellent opportunity for an owner-occupant or a savvy investor. Once stabilized, this property could bring in upwards of $14,000+ in gross rents or push that further by having a mix of short-term and long-term rentals. With South Park's amazing location and with the combination of short-term and long-term rentals, this property could reach gross rents of upwards of $20,000+ per month. With a location that is second to none, you can walk to everything South Park offers, including amazing restaurants, fun events, a food truck park, Target Express, more shopping, bars, parks, hiking trails, the zoo, and even the airport. Strategic financing options available for owner-occupied and non-owner-occupied purchasers - VA and DSCR financing are available!

Amenities

  • None

Appliances & Equipment

  • 1 unit with dishwasher
  • 5 units with range
  • 5 units with refrigerator
  • 5 units with disposal

Bedrooms

  • 3 bedrooms

Building

  • 2023 years old
  • 2 stories
  • Stucco
  • 2 Story
  • 3 on a Lot
  • Duplex
  • Free Standing

Cooling

  • Central Forced Air Elec
  • Wall/Window

Expenses

  • Operating expense: $3,330

Exterior Features

  • Block Fence
  • Cable Available
  • Metal Fence
  • No Landscaping
  • Wood Fence
  • Wood Deck

Heating

  • Central Forced Air Gas
  • Wall

Income

  • Gross operating income: $79,050

Interior Features

  • 5 units with drapes

Listing

  • Source: SDMLS
  • For Sale
  • 132 days on market
  • Listing date: 2023-07-27

Location

  • County: San Diego

Lot

  • Approximately 4,859 lot square feet
  • .25 Acres or less

Parking

  • Spaces
  • 5 total parking spaces

Roof

  • Composition

Unit One

  • Individual rent: $3,200
  • Total rent: $3,200
  • 3 bathrooms
  • 1
  • 4 bedrooms

Unit Two

  • Individual rent: $1,350
  • Total rent: $1,350
  • 1 bathroom
  • 1 unit of this type
  • 1 bedroom

Unit Three

  • Individual rent: $1,350
  • Total rent: $1,350
  • 1 bathroom
  • 1 unit of this type
  • 1 bedroom

Unit Four

  • Individual rent: $2,300
  • Total rent: $2,300
  • 1 bathroom
  • 1 bedroom
  • 1 unit of this type

Unit Five

  • Individual rent: $2,300
  • Total rent: $2,300
  • 1 bathroom
  • 1 bedroom
  • 1 unit of this type

Map View


$2,999,999 - 1833-37 Fern St, San Diego, CA 92102

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1833-37 Fern St
San Diego, CA 92102
County: San Diego