Active
1833-37 Fern St
San Diego CA, 92102
$2,999,999
$811.69 per sqft
Active
7 Beds
6 Baths
3,696 sqft
Multi-family
Built in 2023
VA 100% Financing OK! Welcome to this stunning five-unit property (3 Units + 2 ADUs) in the charming and very walkable South Park neighborhood of San Diego. This property consists of 5 Units Total: 1833 Fern is a 4 bed 3 bath Single Family home, 1835 Fern Units A & B is a top/bottom duplex identical 1 bd 1 ba's, and 2 new construction ADUs both identical 1bd 1ba's. This is an excellent opportunity for an owner-occupant or a savvy investor. Once stabilized, this property could bring in upwards of $14,000+ in gross rents or push that further by having a mix of short-term and long-term rentals. With South Park's amazing location and with the combination of short-term and long-term rentals, this property could reach gross rents of upwards of $20,000+ per month. With a location that is second to none, you can walk to everything South Park offers, including amazing restaurants, fun events, a food truck park, Target Express, more shopping, bars, parks, hiking trails, the zoo, and even the airport. Strategic financing options available for owner-occupied and non-owner-occupied purchasers - VA and DSCR financing are available!
230014564
MLSⓇ ID
July 27, 2023
Listed
February 15, 2024
Updated
Map
1833-37 Fern St
San Diego CA, 92102
Interior Features
Total Stories
2
Bedrooms
7 Beds
Bathrooms
6 Baths
Appliances
Electric Water Heater,Gas Water Heater,Tankless Water Heater, Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
Laundry Description
Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
Electric, Natural Gas, Fireplace(s), Forced Air, Wall/Gravity
Exterior/Building Features
Roof
Composition
School Information
School District
San Diego Unified School District
Other Property Details
Area Name
Metro Central
Days on Market
166
Garage
No
Parking
Garage(N/K), Non-Garage(Uncovered, Tandem, Uncovered, None Known)
View
Yes
View Description
City, Evening Lights, Valley/Canyon
County
San Diego
Water Source
Meter on Property, Other
Pool
No
Pool Features
None
Zoning
RM 3-5
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
11/3/2023 | Price Change | $2,999,999 -7% |
Listed by Compass, Leslie J Duvernay,
Listing Contact: 619-554-8520
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