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    4774 Wilson Ave

    San Diego, CA 92116
    • $1,295,000
    • STATUS: ACTIVE
    • ON SITE: 91 days
    • ID#: 200049398
    UPDATED: 40 min ago
    $1,295,000
    • 6
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $540
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:

    School Ratings & Info

    Description

    Extremely well located three unit property in Normal Heights, NORTH of Adams Avenue. ADU permits ready to build an additional 528 SF ADU on the 6,251 SF lot. Unit mix consists of a 1,000 SF standalone 2/1 SFR with detached garage and two 700 SF 2/1 units. Plenty of parking with garage, driveway and covered spaces. Owner recently remodeled downstairs unit. Substantial rental upside in a remodel of the house, remaining 2/1 and constructing the ADU. This is an exceptional asset in a high demand market.

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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.dreamlivingsd.com/homes/111249274
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    4774 Wilson Ave San Diego, CA 92116

    • Price: $1,295,000
    • Status: ACTIVE
    • Updated: 40 min ago
    • ID#: 200049398
    6
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,400
    SQFT
    $540
    $/SQFT
    1942
    Built
    Neighborhood:
    Normal Heights
    County:
    San Diego
    Area:
    Normal Heights (92116)
    Property Description
    Extremely well located three unit property in Normal Heights, NORTH of Adams Avenue. ADU permits ready to build an additional 528 SF ADU on the 6,251 SF lot. Unit mix consists of a 1,000 SF standalone 2/1 SFR with detached garage and two 700 SF 2/1 units. Plenty of parking with garage, driveway and covered spaces. Owner recently remodeled downstairs unit. Substantial rental upside in a remodel of the house, remaining 2/1 and constructing the ADU. This is an exceptional asset in a high demand market.
    Exterior Features

    Exterior Stucco Fencing Full Frontage N/K Irrigation N/K Parking For RV Potential Space Parking Garage Desc Unit1 AssignedDetached Parking Garage Spaces Unit1 1 Parking Non Garage Desc Unit1 Tandem Parking Non Garage Desc Unit2 Carport Parking Non Garage Desc Unit3 Carport Pool N/K Pool Heat None Known Roof Composition Site Alley Access Spa N/K Spa Heat None Known Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 1 Units With Patios 3

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 3 Units With Fireplaces 1 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3 Water Heater Type Gas

    Property Features

    Actual Cap Rate 1.3 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 22784 Annual Expense Projected 22784 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0.0 Community Normal Heights Complex Features N/K Complex Park N/A Cross Streets Adams Ave Gross Rent Multiplier Actual 32.7 Gross Rent Multiplier Project 12.3 Gross Scheduled Income Actual 39600 Gross Scheduled Income Project 105360 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Uptown Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 79416 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Possession Close Of Escrow Projected Cap Rate 6.22 Projected Other Income 0.0 Sales Restrictions N/K Security Gated Community Sewer Septic Sewer Connected Short Sale No Tenant Pays ElectricityGas/PropaneHot Water Terms Cal VetCashConventionalExchangeFhaVa Unit Number For Unit1 4776 Unit Number For Unit2 4774 Unit Number For Unit3 4774 1/2 Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 2495.0 Unit1 Rent Actual 0.0 Unit2 Deposit 1600 Unit2 Occupied Tenant Unit2 Projected Rent 2195.0 Unit2 Rent Actual 1600.0 Unit3 Deposit 1700 Unit3 Occupied Tenant Unit3 Projected Rent 2195 Unit3 Rent Actual 1700.0 Zoning Rm 1-1

    Listing provided courtesy of South Coast Commercial, 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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