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1068-1070 Chalcedony
Coastal South San Diego 92109

$1,680,675
2-4 Units 6,237 sq. ft. built: 1941

Main Photo: PACIFIC BEACH Property for sale: 1068-1070 Chalcedony in San Diego
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Status:
Sold
Sold Date:
Dec 30, 2022
Listed Price:
$1,680,675
Sold Price:
$1,680,675
Sold in:
74 days
Prop. Type:
2-4 Units
MLS® Num:
220026284
Year Built:
1941
Two houses on 50x125 ft lot located just 5 blocks from the beach. Great development opportunity or live in one and rent the other. Zoning would allow additional units. Quiet neighborhood, good location close to waves, restaurants and all Pacific Beach has to offer. First time on the market in over 50 years. This is a Trust Sale to settle an estate. Has been a long-term rental. Tenants are month to month but would like to stay. The front house is a 2-bedroom 1 bath plus a den. Formal dining area, private closed in patio and yard plus double garage. The back house is a 2-bedroom one bath with car port and private patio area.
Total Floor Area:
6,237 sq. ft.
Lot Size:
4,000-7,499 SF
Lot Size:
6,098.4 sq. ft.
Number of Buildings:
2
Number of Units:
2
Year Built:
1941
Stories:
1 Story
Total Stories:
1
Market Area:
Coastal South
Community:
PACIFIC BEACH
County:
San Diego
Neighborhood Code:
Pacific Beach
Name of Complex/Subdivision:
none
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Electricity, Gas/Propane
Other income:
0
Annual expense actual:
10500
Cap Rate.:
3.0
Gross Rent Multiplier:
27.0
Projected Gross Rent Multiplier:
24.4
Gross scheduled income:
68400
Projected gross scheduled income:
75600
Unit Number for Unit 1:
1068
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
2600.0
Total Rent for Unit 1:
3100.0
Projected Rent for Unit 1:
3500.0
Total Garage Spaces for Unit 1:
2
Garage for Unit 1:
Detached
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Unit Number for Unit 2:
1070
Finished Area for Unit 2:
756 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
2500.0
Total Rent for Unit 2:
2600.0
Projected Rent for Unit 2:
2800.0
Total Garage Spaces for Unit 2:
0
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
No
Number of bathrooms for Unit 3:
0
Number of bathrooms for Unit 4:
0
Dawes
School District URL:
https://www.sandiegounified.org/
Elementary School:
San Diego Unified School District
Elementary School URL:
https://www.sandiegounified.org/
Middle School:
San Marcos Unified School District
Middle School URL:
http://www.smusd.org/
High School:
San Diego Unified School District
Lot Details:
50x125
Frontage:
50'
Exterior Features:
Stucco
Cooling:
None
Heating:
Wall/Gravity
Heating fuel:
Natural Gas
Land Use:
R3
Number of Units with Cooling:
0
Number of Units with Dishwashers:
1
Number of Units with Dryers:
1
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
1
Number of Units with Patios:
2
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
1
Roof:
Composition
Water district:
CITY OF SAN DIEGO
Security:
N/K
Fencing:
Partial
Topography:
Level
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K, Other/Remarks
Terms:
Cash, Conventional
Pets:
No Pets Allowed
Jurisdiction:
Incorporated
Parcel Number:
415-490-13-00
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Listed by Solymar Real Estate
Data was last updated October 2, 2023 at 07:10 AM (UTC)
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