2148 OLIVER AVE, SAN DIEGO, CA 92109

7 Beds, 5 Baths, 2706 Sqft

$2,500,000

Sold Price:$2,350,000

Sold Date:07-10-2023


A perfect property for an investor or an owner occupant who wants to live in one of the units and have rental units with a great income. This 4 unit property is offering a single story main house with 4 bedrooms and 2 bathrooms and adjacent to it, the two story apartment building offers two studio apartments downstairs and one 1 bedroom apartment upstairs. All units have their own full kitchens and their own laundry furnished with washers and dryers. The layout of the main house in the front is open with a French door to the courtyard. The updated kitchen is open to the dining and living room. The kitchen has granite countertops and stainless steel appliances. All the bathrooms have newer cabinetry and shower/bath tiling. All three apartments were fully upgraded with new appliances, granite countertops, newer wall AC units. Each apartment also has a dedicated parking space so that the property has a total of 7 parking spaces. One space is assigned to each 3 unit in the back, 2 car garage for the main house and 2 on the driveway parking for the main house. There are street parking available too. This property has a spacious park-like front yard with low maintenance artificial turf and landscaping, a cozy and private side courtyard for the main house use and a beautiful private patio off of one of the studios in the back.

The main house 2148 Oliver Ave and all units 2146, 2144, 2142 Oliver Ave are fully occupied with leases are month to month. The leases can be renewed long term if the new owner prefers the current tenants to stay. This property produces a very stable income with room for rent improvements. The property has been well maintained and in Move-in condition. A great opportunity to own a profitable investment in a great location. - The current rent for the main house 2148 Oliver is $4,300 (projected rent is $7,469), 4 bedrooms 2 baths, full kitchen and laundry room, 1418 esf. - The current rent for the one bedroom 2146 Oliver is $2,175 (projected rent is $2,350), 1 bedroom, 1 bath, full kitchen, laundry, 672 esf. - The current rent for the studio 2144 Oliver is $1,675 (projected rent is $2,060), Studio with full bath, full kitchen, laundry, 320 esf. - The current rent for the studio is 2142 Oliver is $1,450 (projected rent is $2,060), Studio with full bath, full kitchen, laundry, 296 esf. Current yearly gross income is $115,200 (projected yearly gross income $167,316) The subject property is located in the highly desirable Pacific Beach neighborhood of San Diego. The location is excellent, close to shopping, restaurants, public transportation, and schools. About a half mile to the bay and one mile to the beach make this location perfect for biking and walking around this beach community. The pedestrian-friendly location is situated between 8 blocks away from Garnet Avenue offering residents the ability to take advantage of the many walkable amenities in the surrounding neighborhood given its fantastic location. The Oliver Street Property has a Walkscore of 88 which means it is a Walker s Paradise and most residents can complete daily errands on foot. Nearby grocery and drugstore options. Pacific Beach is known for its many restaurants, bars, coffee shops, boutiques, retailers and beach related recreational activities. Close to freeways, downtown San Diego airport and trains.



DETAILED INFORMATION
MLS#:230010994Sold Price:$2,350,000
Sold Date:07-10-2023 Original Price:$2,500,000
List Status:SoldProperty Type:Detached
Parcel Number:424-271-16-00School District:
Days on Market:31Sqft:2706
Complex Name:Sold Price Per Sqft:$868
Subdivision:Pacific BeachStories:Other/remarks
Community:Pacific BeachBed:7
Year Built:1958Baths:5
Zoning:Arch. Style:
Pool:N/kLot Size:4,000-7,499 Sf
Spa:Lot Sqft:6630
Exterior:StuccoLot Description:West Of I-5
Floors:Acres:0.00
Roof:CompositionAge Restrictions:N/k
Water:Meter On PropertyTopography:Level
Sewer:Sewer ConnectedFireplace:
Fence:PartialPets:
Association Name:Assoc Phone:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:Heating:Forced Air Unit,other/remarks
Other Fees:$0Cooling:Other/remarks,electric
Other Fee Paid:Other Fee Type:
Mello Roos:$0Mello Roose Paid:
Master Bedroom:14x12Family Room:0
Bedroom 2:14x13Bedroom 3:12x12
Bedroom 4:10x10Bedroom 5:0
Kitchen:10x6Living Room:14x14
Other Room:Miscellaneous:
Additional Land Use:Parking:Attached,garage Door Opener
Boat Facilities:Security:Other/remarks
Guest House: Patio:Patio,porch
Frontage:Telecommunications:
Irrigation:Other/remarksEquipment:Dishwasher,disposal,dryer,garage Door Opener,microwave,range/oven,refrigerator,washer
Amenities:Laundry:Laundry Room
Property Management:Property Management Phone:


HOW THIS HOME COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT

  4025 MORRELL ST, SAN DIEGO, CA 92109PACIFIC BEACH322101 $2,280,000$1,085
  2258 FELSPAR ST, SAN DIEGO, CA 92109PACIFIC BEACH472155 $2,249,900$1,044
  3931 SHASTA STREET, SAN DIEGO, CA 92109CROWN POINT251733 $2,100,000$1,212
  2110 MISSOURI ST, SAN DIEGO, CA 92109153136 $4,500,000$1,435

FOR SALE AVERAGES:30 2,281 $2,782,475$1,194
  2148 OLIVER AVE, UNIT 2148214621442142, SAN DIEGO, 92109Pacific Beach312706 $2,500,000$924


NEARBY SOLD HOMES PREVIOUS 6 MONTHS FROM LISTING SOLD DATE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT

   4606 PENDLETON ST, SAN DIEGO, CA 92109PACIFIC BEACH411005$1,395,000$1,388
   1735 THOMAS AVE, SAN DIEGO, CA 92109PACIFIC BEACH432336$2,175,000$931
   2170 EMERALD, SAN DIEGO, CA 92109PACIFIC BEACH352436$1,465,000$601
   4026 SHASTA STREET, SAN DIEGO, CA 92109CROWN POINT471864$2,050,000$1,100
   2634 MAGNOLIA AVE, SAN DIEGO, CA 92109PACIFIC BEACH621178$1,100,000$934
   2687 HORNBLEND ST, SAN DIEGO, CA 92109PACIFIC BEACH43887$875,000$986
   2687 HORNBLEND STREET, PACIFIC BEACH (SAN DIEGO), CA 92109PACIFIC BEACH35887$1,170,000$1,319
   2686 MAGNOLIA AVE, SAN DIEGO, CA 92109PACIFIC BEACH1231157$1,080,000$933
   2382 CHALCEDONY ST, SAN DIEGO, CA 92109NORTH PACIFIC BEACH501907$1,500,000$787
   1455 THOMAS AVENUE, SAN DIEGO, CA 92109PACIFIC BEACH891259$1,770,000$1,406
   1414 THOMAS AVE, SAN DIEGO, CA 92109PACIFIC BEACH341630$2,000,000$1,227
   2380 GERANIUM ST, SAN DIEGO, CA 92109NORTH PB432216$1,750,000$790
   4904 RANDALL ST, SAN DIEGO, CA 92109PACIFICA321800$2,120,000$1,178
   3645 YOSEMITE ST, SAN DIEGO, CA 92109CROWN POINT722177$1,806,800$830
   4945 EMELENE ST, SAN DIEGO, CA 921091083514$2,347,500$668
   1654 LA MANCHA DR, SAN DIEGO, CA 92109CROWN POINT1482259$1,720,000$761
   3657 BAYONNE DR, SAN DIEGO, CA 92109CROWN POINT663415$4,100,000$1,201

SOLD AVERAGES:63 1,878 $1,789,665$1,002




...LOADING




Listing Provided Courtesy of: Sissy Nasri, RE/MAX Connections.

Listing sold by: Binh Kieu, Town and Country Home Realty.

Data Updated May 20 2024 09:04:22

Listing Last Modified:07-11-2023 00:22:52


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