Description
Welcome to this stunning five-unit property located in the charming and very walkable south park neighborhood of san diego. this is an excellent opportunity for an owner-occupant or a savvy investor. the main home of this property is a beautiful 4 bed 3 bath two-story craftsman-style home that has been meticulously maintained by a long-term renter. in addition to the large main home, there are 4 additional 1 bedroom 1 bathroom rental units, 2 of which are new 2023 construction. once stabilized, this property could bring in upwards of $14,280+ in gross rents or push that a little further by having a mix of short-term rentals and long-term rentals. with south park's amazing location, the highest and best use for the two new construction units would be str's which could bring in approximately $125-$199/night or approximately $3600/month/unit in gross rents - with the combination of short term and long term rentals this property could reach gross rents of upwards of $17,000 per month. with a location that is second to none, you'll be able to walk to everything south park offers, including amazing restaurants, shopping, bars, parks, hiking trails, the zoo, and even the airport. see offering memorandum for more specifics! 1833 fern st: sfr with 4 bedrooms + 3 bathrooms, 1640 sf, 2 side-by-side uncovered parking spaces, central ac/heat - 1835 fern st. unit a: 1st floor, 1 bedroom + 1 bathroom, 750 sf + 1 off-street uncovered parking - 1835 fern st. unit b: 2nd floor, 1 bedroom + 1 bathroom, 750 sf, + 2 tandem style off-street uncovered parking spaces - 1837 fern st. unit 1 & 2: new construction, side by side 2 story "row home style" 1 bedroom + 1 bathroom, solar, ac/heat, 565 sf, no parking spaces, 1 unit enters alley side, 1 unit enters on the fern st. side. can be delivered vacant or occupied. these 2 units are ideal for str's could bring in approximately $125-$199/night or approximately $3600/month in gross rents
Property Type
Residential IncomeCounty
San DiegoStyle
Residential IncomeAD ID
44651521
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BuyOwner last updated this listing 04/28/2024 @ 23:08
- MLS: 230014564SD
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Offer of compensation is made only to participants of the MLS where the listing is filed.
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 4,859 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Diego , in zip code 92102, this San Diego County Home are nearby neighborhoods.