Property Description

Property Sale Details:

Status: Closed
M&A: No
Deal Type: Sale
License: Non-Cannabis
Total Sale Value: $1,250,000
Approximate Closing Date: 9/2/2022
Represented: Seller
Listing Agent: Meilad Rafiei

Listing Details:

Welcome to your new home, a turnkey, single-family dwelling with an ADU. This home was recently appraised at $1.6 million. One mile to the beach. This home is truly an outdoor enthusiast’s dream. Enjoy peace and tranquility in the large, lush backyard. The covered patio is perfect for entertaining, listening to the birds, and watching the butterflies. The yard also features a fire pit for those cool nights. You can even view the SeaWorld fireworks from your own backyard!

The gardening possibilities are endless due to the extensive irrigation system with a gray water option as well as your own compost system. Mature grapefruit, banana, avocado, and lemon trees will be the perfect start to your very own garden. Additional storage space and a storage shed have been recently added. This fantastic home is within walking distance of highly rated schools as well as one of the top-rated restaurants in the San Diego area.

This beautiful property is currently separated into three units and is full of excellent rental potential. The first and largest of the three units is a two-bedroom, one-bath around 930+ square feet. The second unit is a 660 square foot one bedroom, one bath, and the final unit is a 350 square foot studio. Altogether, there is a possibility of $8,000 a month in rental potential! This is the perfect property for single families, long or short-term renters, or multigenerational families.

The home features a brand new water heater, heater, refrigerator, and dryer. Fully paid solar accounting for electric vehicle usage and electric vehicle hook up. The home’s plumbing has been upgraded. Each of the units features custom upgrades, while the main unit boasts a brand new bathroom. In addition to the cool breeze from the ocean, about a mile away, each room has a ceiling fan. This home is truly a rare find!

Facts & Features

• Listed On 07/12/2022
• Original List Price of $1,499,000
• Built in 1953
• Levels: One
• 1 Garage spaces/Detached Garage
• 4 Total parking spaces
• Assessments: Unknown
• $33 (Estimated)
• $801.18/sqft
• Laundry: Common Area, In Closet
• Fireplace: Family Room, Gas, Fire Pit
• Patio: Patio

Interior

• Rooms: All Bedrooms Down, Living Room, Main Floor
  Bedroom
• Eating Area: Dining Room
• Appliances: Dishwasher, Gas Range, Gas Water Heater,
  Refrigerator
• Other Interior Features: Ceiling Fan(s), Quartz Counters,
  Recessed Lighting

Exterior

• Lot Features: 0-1 Unit/Acre, Gentle Sloping, Landscaped,
  Sprinkler System
• Security Features: Smoke Detector(s)
• Sewer: Public Sewer

Additional Information

• Standard sale
• San Diego Unified School District
• Nimitz to Catalina Blvd. Cross Street: Atascadero.
• 92107 – Ocean Beach area
• San Diego County
• Parcel # 4490705500