$1,080,000
$1,050,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
950 SqFt
SOLD DATE : 05/23/2025
Key Details
Sold Price $1,080,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 950 sqft
Price per Sqft $1,136
Subdivision San Diego
MLS Listing ID 250025174
Sold Date 05/23/25
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 2023
Lot Size 6,040 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Seller has an assumable VA loan at a 3.37% rate! Talk about No Brainer!!! Own this turn key triplex - zoned R4 - in the heart of “America's Finest City!” that will continue to gain equity and serve as a smart investment for years to come. This remodeled Spanish 3/2 home is the ideal multi generational housing opportunity with its detached 1/1 ADU and additional detached studio. Live in one and rent the other two to help pay the mortgage. Upgrades include new Lifeproof flooring (1/1 and studio); new sliding gate to alley for tenants to access their back parking spaces; newer roofs; newer appliances in all 3 kitchens; 3 separate water heaters. (Studio has electric heat & water heater. Gas stove. Custom designed & built Cal King Murphy bed w brand new mattress stays!) Freeway close plus all the shopping, restaurants and conveniences close by on University and El Cajon Blvd. 3 miles to San Diego State University. 8 miles to the World famous San Diego Zoo. 9 miles to the SD Airport. 15 minutes to Balboa Park. 15 minutes to Fiesta Island, the SD Bay; 20 minutes to the Beach! See supplement for more.
Anyone w VA benefits needs to stand at attention and make a move on this remodeled Triplex in the center of San Diego. 3.37% assumable VA loan equals $5860/mo PITI. Never in our lifetimes can you see #s like this again. Check out this charming Spanish style property and don't wait! You can buy this fully remodeled Spanish style 3-bedroom 2-bath front home with front and back yard, and a 1-bedroom 1-bath ADU also with yard as well as patio. Included is an un-permitted studio. (Former detached garage was converted into the current studio.) The property features a long drive way that allows parking for 3 vehicles, plus there is plenty of off street parking. 1 Bedroom and studio units each have a gated paring space accessed through the back alley. Tenants (or homeowners) enjoy nice outdoor space allocated to each unit, creating a nice living space while achieving additional rents. Front house has its own laundry, water meter & SDG&E meter. $3500 deposit will convey at COE. Back units share laundry, water meter & gas/electric. 1/1 tenant's $2000 deposit will also be transferred to buyer/new owner. Great property for a family offering great proximity to the elementary school, shopping, freeways and restaurants. Great for Investors. Great neighborhood curb appeal and more! Enjoy~
Location
State CA
County San Diego
Community San Diego
Area East San Diego (92105)
Building/Complex Name Chester Park
Zoning R4
Interior
Fireplaces Number 1
Exterior
Exterior Feature Wood/Stucco
Fence Partial
Roof Type Composition
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Assumable, Cash, Conventional, FHA, VA
Space Rent $3,500
Listing Terms Assumable, Cash, Conventional, FHA, VA
Financing FHA
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Bought with Miguel A Molina • HomeSmart Realty West
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REALTOR® | Lic# 02016327