MLS# 230014561 - 1833-37 Fern St, San Diego, CA 92102
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
Description
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!
Open House
Features
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
Property Map
Map View
$2,999,999 - 1833-37 Fern St, San Diego, CA 92102
Street View
Directions
1833-37 Fern St
San Diego, CA 92102
County: San Diego