Friday, August 18, 2017

SOLD

4039 Highland Ave.
San Diego, CA 92105


4 Units = Off Market
Suggested offer price 580k


Lot -6,253 SQFT


Add value- Super low rents

All tenants are related- One extended Family.

3 Structures-
All structures have post and pier foundations
Electrical was upgraded roughly 15 years ago. (romex and circuits)
Plumbing-  Duplex built in 50s with Copper
Other structures have Copper.
Roof to duplex was done a couple of years ago.

1 bed 1 bath House- No more than 800sqft (Estimate)
House - Has a 1 car garage onside and 2 spaces

1 bed 1 bath (shotgun style House)  Sub 400 sqft
Dinky-shack - Add front yard patio to create value

Duplex- Estimated at 1100 sqft (about 550 per unit)
One unit is very nice, one unit needs to be gutted.

* Note I got estimated sqft by using satellite view and comparing a cars length to the roof!!!



CAP EX Estimated at 60K
House-6K
Back 1 bedroom -8K
Cottage-5K
Yard private area for Cottage- 5K
Vacancy and cash for keys-5K

Pictures Below.
Link here for Additional PICTURES




Zoning
CUPD-CT-5-4
Zoning Info for CUPD-CT-5-4
RM-1-1
Zoning Info for RM-1-1



CT- 5-4. Development in the CT-5-4 zone is subject to the CC-5-4 zone use and development regulations if any portion of the development is also within the CC-5-4 zone and fronts on a major street as designated in the applicable community plan. If no portion of the development is in the CC-5-4 zone or if no portion fronts on a major street then the RM-2-5 zone use and development regulations apply

• RM-2- 5 permits a maximum density of 1 dwelling unit for each 1,500 square feet of lot area

Zoning shows two zoning- ?

RM-1-1 permits a maximum density of 1 dwelling unit for each 3,000 square feet of lot area 



Subject



Side




Front




house
Parking House
Add caption
Add caption
In carport
Carport
House
house
House
House
House- River rock Post and Pier
Looking across back from Garage to small 1 bed Cottage
Flooring in House
One Bedroom in Duplex
1 bed in duplex
1 bed in duplex
1 bed in duplex
Fence South Side
Kitchen in Cottage
Bedroom in Cottage
Family room in Cottage
Add caption
back 1 bed in duplex
Back 1 bed in duplex
From Across the Street
Back


 
  











The neighborhood. Very close to University

Go West Young Man






Tuesday, March 28, 2017

Kensington

4232 Adams Ave.
San Diego, CA 92116

Asking Price 1.3M