OUR AGENTS' LISTINGS
1059-61 Johnson Ave
San Diego
92103
$1,750,000
2-4 Units
7,292 sq. ft.
built: 1920
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- Status:
- Active
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 210000865
- Year Built:
- 1920
Incredible investment opportunity with income already being generated on this 2 unit lot. The property has been newly remodeled and includes (2) detached 3 bedroom units - each with their own garage, private outdoor yard space with fire table and washer/dryer. All of this located in a great neighborhood within walking distance to Hillcrest's best restaurants, coffee shops, entertainment and a short drive to Balboa Park, the San Diego Zoo, Downtown/Little Italy and the beaches!
- Total Floor Area:
- 7,292 sq. ft.
- Lot Size:
- 4,000-7,499 SF
- Number of Buildings:
- 2
- Number of Units:
- 2
- Year Built:
- 1920
- Stories:
- 1 Story
- Total Stories:
- 1
- Market Area:
- Metro Uptown
- Community:
- UNIVERSITY HEIGHTS
- County:
- San Diego
- Neighborhood Code:
- University Heights
- Name of Complex/Subdivision:
- 1059-61 Johnson
- Home Owner Fees:
- 0.0
- Mello Roos Fee:
- 0.0
- Monthly Total Fees:
- 0.0
- Other Fees:
- 0.0
- Tenant pays:
- Other/Remarks
- Projected net operating income:
- 128200
- Other income:
- 0
- Annual expense actual:
- 31800
- Cap Rate.:
- 6.1
- Projected Cap Rate.:
- 7.3
- Gross Rent Multiplier:
- 12.5
- Projected Gross Rent Multiplier:
- 10.9
- Gross scheduled income:
- 140000
- Projected gross scheduled income:
- 160000
- Unit Number for Unit 1:
- 1059
- Finished Area for Unit 1:
- 1,150 sq. ft.
- Bedrooms for Unit 1:
- 3
- Number of bathrooms for Unit 1:
- 2
- Full Bathrooms for Unit 1:
- 1
- Half Bathrooms for Unit 1:
- 1
- Deposit for Unit 1:
- 0.0
- Total Rent for Unit 1:
- 5833.0
- Projected Rent for Unit 1:
- 6666.0
- Total Garage Spaces for Unit 1:
- 1
- Garage for Unit 1:
- Detached
- Parking for Unit 1:
- Tandem
- Unit 1 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 1:
- Yes
- Unit Number for Unit 2:
- 1061
- Finished Area for Unit 2:
- 1,200 sq. ft.
- Bedrooms for Unit 2:
- 3
- Number of bathrooms for Unit 2:
- 2
- Full Bathrooms for Unit 2:
- 2
- Half Bathrooms for Unit 2:
- 0
- Deposit for Unit 2:
- 0.0
- Total Rent for Unit 2:
- 5833.0
- Projected Rent for Unit 2:
- 6666.0
- Total Garage Spaces for Unit 2:
- 1
- Garage for Unit 2:
- Attached
- Unit 2 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 2:
- Yes
- Number of bathrooms for Unit 3:
- 0
- Number of bathrooms for Unit 4:
- 0
- Lincoln Ave
- Exterior Features:
- Stucco, Wood
- Cooling:
- None
- Number of Units with Cooling:
- 0
- Number of Units with Dishwashers:
- 2
- Number of Units with Dryers:
- 2
- Number of Units with Fireplaces:
- 2
- Number of Furnished Units:
- 0
- Number of Units with Garages:
- 2
- Number of Units with Patios:
- 2
- Number of Units with Range/Oven:
- 2
- Number of Units with Refrigerators:
- 2
- Number of Units with Washers:
- 2
- Roof:
- Composition
- Security:
- N/K
- Fencing:
- Partial
- Topography:
- Level
- Short Sale:
- No
- Listing Type:
- Exclusive Right (R)
- Age Restrictions:
- N/K
- Sales Restrictions:
- N/K
- Terms:
- Cash, Conventional
- Parcel Number:
- 444-371-07-00
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Data was last updated January 24, 2021 at 01:10 AM (UTC)
Area Statistics
- Listings on market:
- 64
- Avg list price:
- $1,150,000
- Min list price:
- $510,000
- Max list price:
- $2,675,000
- Avg days on market:
- 52
- Min days on market:
- 1
- Max days on market:
- 359
- Avg price per sq.ft.:
- $206.17
These statistics are generated based on the current listing's property type
and located in
Metro Uptown. Average values are
derived using median calculations.
- Seth OByrne
- Compass
- 858-869-3940
- Contact by Email
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.
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This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
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 Multiple Listing Service, Inc.
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