Closed

2938 Beech St

San Diego CA, 92102

$2,450,000


Closed

Residential

Built in 2023

Listed by Rob Perkins with Westview Realty 858-638-1750

Located on the corner of Beech & Dale St in the heart of the highly coveted South Park neighborhood, this turn key asset sits caddy corner to Harland Brewing tasting room, 1 block from restaurants including Buona Forchetta, 1 block from Albert Einstein Charter Academy and a couple blocks to Balboa Park. Finished a full scale renovation last year on the existing duplex with designer finishes while preserving the character from this early 1900's gem. Renovation included replacing all the plumbing an electrical. Additionally, current ownership just completed ground up construction on a new 722 SF detached 2-BD ADU and is awaiting installation of solar panels to pass final inspection (expected in September). Rent for the ADU is anticipated to be $4,000/mo. Live in one and rent the other two units or own as a pure investment property in a strong rental demand market. Could also serve as an excellent short-term rental. The tenants of the 3 BD unit are interested in moving into the ADU so this unit could be available to live in. Each unit in the duplex have their own private decks and fenced in yards. The operating costs are very low given the property condition and all utilities are covered by tenants. Not to mention 8-panel solar on the ADU which minimizes its electric costs. 3-BD 1,530 SF duplex unit leased at $5,000/mo. 2-BD 1,286 duplex unit leased at $4,300/mo. 2 off street parking spots.

230015631SD

MLS ID

August 11, 2023

Listed

May 9, 2024

Updated

Map

2938 Beech St
San Diego CA, 92102

Interior Features

Total Stories

2


Appliances

Gas Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

See Remarks


Heating

No

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

Drip Irrigation/Bubblers


Roof

Rolled/Hot Mop

Other Property Details

Area Name

92102 - San Diego


Days on Market

19


Garage

No


Parking Total

0


View

No


County

San Diego


Pool

No


Zoning

R-2:MINOR


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

9/16/2023

Price Change

$2,450,000

-2%

9/16/2023

Sold

$2,450,000

9/8/2023

Pending

Listing Contact: 858-638-1750 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:05 PM UTC

 

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