$649,000

919 Euclid Ave

San Diego CA, 92114

Description

2-unit complex with their own private yards, driveways & their own washer/dryer hookups. Has been completely remodeled in the past few years kitchen & baths were upgraded with new cabinets/stainless steel appliances, new flooring, new paint, new plumbing & light fixtures, new sewer line to the street. Can be great owner occupied with great cap rates even better if self-managed, live in one unit & rent out other unit. Great investment opportunity. Driveway to back unit #919 is off 51st. See Supplements See attachment under documents of all of the renovations made to the property. Tenants Pay water & SDGE. Urban Meters & Readers, Inc. is servicing the water sub meter. ATTENTION: Qualified Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act. These zones are designed to spur economic development and job creation in distressed communities throughout the country and U.S. possessions by providing tax benefits to investors who invest eligible capital into these communities. Taxpayers may defer tax on eligible capital gains by making an appropriate investment in a Qualified Opportunity Fund and meeting other requirements. https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions. Please see IRS web page below for more information. Please see the link for the development across the street from subject property. Euclid Gateway Master Plan https://www.sandiego.gov/planning/community/cpu/encanto/egmp Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 921 Unit # for Unit 2: 919 Number of Furnished Units: 0 Topography: LL

Details

MLS#200053144
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1951
Days On Site56

Features

Units2
Building(s)1

Market Activity 92114

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Area Information
StateCA
CountySan Diego
CitySan Diego
Zip Code92114
Area92114 - Encanto92114 - Encanto
Listing VS Median (in 92114)
Price:
$649,000
low | high
Med:
$540,000
66.795069337442% of Average
On Site:
56
low | high
Med:
95
58.947368421053% of Average
Listing Updated: January 7, 2021 3:23:14 PM PST
Steve Carlson LogoMLS Number: 200053144
Listing Provided By:
Steve Carlson  of  Woods Real Estate Services Inc
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