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

Courtesy of Compass.

Property Type: Res Income 2-4 Units
Status: Active
Neighborhood: Ca
Days On Website: 275

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

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!

Appliances & Equipment

  • 5 units with oven
  • 5 units with refrigerator
  • 1 unit with dishwasher

Building

  • 5 units
  • Built in 2023
  • 2 story
  • 3 buildings

Cooling

  • 3 units with cooling
  • Central Forced Air
  • Wall/Window

Exterior Features

  • 3 units with patio
  • Stucco

Fireplaces

  • 1 unit with fireplace

Water Features

  • Meter on Property
  • Other/Remarks

Heating

  • Fireplace
  • Forced Air Unit
  • Wall/Gravity
  • Electric
  • Natural Gas
  • Electric
  • Gas
  • Tankless

Laundry

  • 5 units with dryer
  • 5 units with washer

Listing

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

Location

  • County: San Diego
  • Complex/park: N/A

Lot

  • Approximately 4,859 lot square feet
  • 4,000-7,499 SF

Fence

  • Full

Unit One

  • Unit #: 1833
  • Projected Rent: $4,900
  • Actual Rent: $3,200
  • 4 bedrooms
  • 3 total bathrooms
  • 3 full bathrooms
  • 1,640 estimated square feet
  • Laundry hookups: Yes
  • Exclusive-use yard
  • Uncovered
  • Occupancy: Tenant
  • Deposit: $4,100

Unit Two

  • Unit #: 1835 A
  • Projected Rent: $2,500
  • Actual Rent: $1,350
  • 1 bedroom
  • 1 total bathroom
  • 1 full bathroom
  • 750 estimated square feet
  • Laundry hookups: Yes
  • Exclusive-use yard
  • 1 non-garage parking space
  • Uncovered
  • Occupancy: Tenant
  • Deposit: $1,600

Unit Three

  • Unit #: 1835 B
  • Projected Rent: $2,500
  • Actual Rent: $1,350
  • 1 bedroom
  • 1 total bathroom
  • 1 full bathroom
  • 750 estimated square feet
  • Laundry hookups: Yes
  • Tandem
  • Uncovered
  • Occupancy: Tenant
  • Deposit: $1,850

Unit Four

  • Unit #: 1837 1 & 2
  • Projected Rent: $2,300
  • Actual Rent: $2,300
  • 1 bedroom
  • 1 total bathroom
  • 1 full bathroom
  • 556 estimated square feet
  • Laundry hookups: Yes
  • Occupancy: Tenant
  • Deposit: $2,800

Property

  • View: City,Evening Lights,Valley/Canyon
  • Level

Roof

  • Composition

Sewer

  • Sewer Connected

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