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$1,995,000
Est. payment /mo
7 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250022434
Bedrooms 7
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 1933
Property Sub-Type Res Income 2-4 Units
Property Description
This fully renovated triplex at 1725-35 Edgemont St in San Diego's desirable South Park neighborhood offers an exceptional investment opportunity with strong rental income potential and an assumable VA loan at 3.875%. The property includes three units: a detached 3BD/1.5BA rented for $4,150/month to great tenants, a 2BD/2BA currently occupied by the owner, and a 2BD/1BA operating as a successful Airbnb, generating $60K/year (after Airbnb fees and transient occupancy taxes). Recent updates include new appliances, electrical panels, a complete rewire, AC/heat in all units, separate washers/dryers, dual-pane windows, a new large Tuffshed, turf and hardwood fencing for the front yard, and fresh exterior paint. With an asking price of $1,995,000 and a remaining VA loan balance of $1.676M, this property is perfect for an owner-occupier looking to live in one unit and rent the others, or for investors seeking a steady income stream. South Park is a vibrant, central area of San Diego, known for its charming atmosphere, local shops, and easy access to all the city has to offer. OM attached
Location
State CA
County San Diego
Area San Diego (92102)
Building/Complex Name South Park
Interior
Heating Natural Gas
Cooling Wall/Window
Appliance Wall/Gravity
Exterior
Exterior Feature Wood/Stucco
Parking Features Unit1:N/K Unit2:N/K Unit3:Assigned Unit4:N/K
Fence Partial
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing VA
Listing Terms VA
Virtual Tour https://www.propertypanorama.com/instaview/snd/250022434
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Listed by Jason J Lee • JLM Real Estate Inc
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