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    1158 Thomas Ave.

    San Diego, CA 92109
    • $2,599,000
    • STATUS: BACK ON MARKET
    • ON SITE: 24 days
    • ID#: 210009540
    $2,599,000
    • 10
      BEDS
    • 0.14
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    This wonderful asset is just four blocks to the ocean and four blocks to Sail Bay. It is walking distance to everything that makes PB so highly sought after. The front three bed/one and three quarter bath detached house was built in the 1960s and had a major remodel in 1990 including new roof and vinyl windows. It has its own washer/dryer and attached double garage. The current residents in the front house have a lease that runs till the end of July. They would like to stay there after the sale. There is a rear triplex building built in 1990 behind with two-two bed/two bath and one-three bed/two bath units. They share a common laundry room. There are two double garages and one single garage/storage unit in the back with alley access. Density bonus law allows conversion of garages to an additional dwelling unit. Garages are currently included in tenants rent, but new owner might rent them out. Sloped roofs, concrete driveways and Xeriscape landscaping means lower maintenance costs.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.carriefilla.com/homes/116069949
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    1158 Thomas Ave. San Diego, CA 92109

    • Price: $2,599,000
    • Status: BACK ON MARKET
    • ID#: 210009540
    10
    Beds
    7
    Baths
    0
    ½ Baths
    0.14
    Acres
    1960
    Built
    Neighborhood:
    Pacific Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    This wonderful asset is just four blocks to the ocean and four blocks to Sail Bay. It is walking distance to everything that makes PB so highly sought after. The front three bed/one and three quarter bath detached house was built in the 1960s and had a major remodel in 1990 including new roof and vinyl windows. It has its own washer/dryer and attached double garage. The current residents in the front house have a lease that runs till the end of July. They would like to stay there after the sale. There is a rear triplex building built in 1990 behind with two-two bed/two bath and one-three bed/two bath units. They share a common laundry room. There are two double garages and one single garage/storage unit in the back with alley access. Density bonus law allows conversion of garages to an additional dwelling unit. Garages are currently included in tenants rent, but new owner might rent them out. Sloped roofs, concrete driveways and Xeriscape landscaping means lower maintenance costs.
    Exterior Features

    Exterior Wood/Stucco Fencing Partial Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 2 Parking Garage Spaces Unit3 2 Parking Garage Spaces Unit4 2 Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard Yes Units With Garages 4 Units With Patios 1

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 1 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 4 Units With Dryers 1 Units With Fireplaces 1 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 1

    Property Features

    Actual Cap Rate 3.2 Age Restrictions N/K Annual Expense Actual 38988 Annual Expense Projected 38988 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Pacific Beach Complex Park N/A Cross Streets Everts And Dawes Gross Rent Multiplier Actual 19.5 Gross Rent Multiplier Project 16.6 Gross Scheduled Income Actual 133140 Gross Scheduled Income Project 156240 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 111002 Other Fees 0.0 Other Income Actual 540 Projected Cap Rate 4.3 Projected Other Income 8940.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1160 A Unit Number For Unit2 1160 B Unit Number For Unit3 1160 C Unit Number4 1158 Unit1 Deposit 1500 Unit1 Occupied Tenant Unit1 Projected Rent 2515.0 Unit1 Rent Actual 2200.0 Unit2 Deposit 1500 Unit2 Occupied Tenant Unit2 Projected Rent 2515.0 Unit2 Rent Actual 2350.0 Unit3 Deposit 2500 Unit3 Occupied Tenant Unit3 Projected Rent 3500 Unit3 Rent Actual 3000.0 Unit4 Deposit 2500 Unit4 Occupied Tenant Unit4 Projected Rent 3745 Unit4 Rent Actual 3500.0

    Listing provided courtesy of Apartment Consultants, Inc.. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Carlsbad CA, 92008