$1,537,000
$1,599,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
979 W Laurel St San Diego, CA 92101
2 Beds
4 Baths
1,600 SqFt
Key Details
Sold Price $1,537,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $960
Subdivision San Diego
MLS Listing ID 230006178
Sold Date 08/07/23
Bedrooms 2
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 2007
Lot Size 1,059 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present the opportunity to acquire 979 Laurel Street, San Diego, CA 92101, located in the heart of Little Italy. Two income-producing units plus a garage that can be converted for additional income. Perfect investment for a 1031 exchange. Both units are fully remodeled. This duplex can be utilized for a variety of different investment options. Can operate as one unit or independently and also can be used as a work / live space. Current short-term rental restrictions allow for one unit to automatically gain a short-term rental license while the other unit is occupied either by the owner or long-term tenant. A total of 2,200 SF with updated amenities and move-in ready. Just minutes from the airport, walkable to bars, restaurants and the bay, this location can't be beat. The project location, strong market fundamentals and lack of new inventory should lead to a stable cash-flow.
Location
State CA
County San Diego
Community San Diego
Area San Diego Downtown (92101)
Building/Complex Name y
Zoning COMMERCIAL
Interior
Cooling Central Forced Air
Fireplaces Number 1
Exterior
Exterior Feature Block
Fence Full
Roof Type Composition
Building
Story 3
Lot Size Range 1-3999 SF
Level or Stories 3 Story
Others
Acceptable Financing Other/Remarks
Space Rent $6,093
Listing Terms Other/Remarks
Financing Conventional
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Bought with Jenica Martin • Douglas Elliman of California, Inc.