431 Sampson St San Diego, CA 92113
Pending
$900,000
2 Units
4 Beds
3 Baths
n/a Area(sq.ft.)
n/a Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 2 | 1 | 2 | 1 | $ 900 | $ 900 | $ 2,700 | |
1 | 1 | 2 | 1 | $ 900 | $ 900 | $ 2,700 |
MLS #: | 240019678SD |
Days On Market: | 35 |
County: | San Diego |
Property Type: | Residential Income |
Price per unit: | $ 450,000 |
Year Built: | 1960 |
Property Details
Versatile Logan Heights Property: Live, Rent, or Convert! This well-maintained property, originally a spacious 4-bed, 2-bath single-family, has been thoughtfully converted into two oversized 2-bed, 1-bath rental units. The property is fully permitted as a 2,008 sq. ft. single-family residence, building records are available. Included is an attached extra-large 600 sq. ft. garage with water and sewer hookups, as well as a semi-enclosed 400 sq. ft. covered patio—offering the potential to convert into a large 1,000 sq. ft. ADU. Property currently has 1 water and gas meter and 1 electric meter, owner pays all utilities. The internal staircase remains intact, allowing for an easy conversion back to a single-family home if desired. Alternatively, the external staircase provides access to the upstairs unit, making it ideal for continued use as a rental property. The property offers ample off-street parking, accommodating 6+ vehicles with a driveway and two gated tandem areas. Both units are currently occupied by long-term tenants who are aware of the sale.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
Total Annual Expense: | $ 13,000 |
Net Operating Income: | $ 9,000 |
Cap Rate: | 1% |
Gross Rent Multiplier: | 38.00 |
Structure
Levels: | Two |
Complex Name: | na |
Security Features: | None |
Land & Parking
Zoning: | RM 1-2 |
Interior
AC/Cooling: | Wall/Window |
Exterior
Pool: | No |
Roof: | Composition |
Spa: | No |
Detailed Map
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