San Diego, CA 92102 1901 E Street
$1,900,000
Pending
2 more
Presented By: Joe Bonin with SVN Vanguard; joe.bonin@svn.com
Beds • 4
Baths • 3
SQFT • 1,904
Garage • 3
Year Built • 1923
Home Details
A rare redevelopment opportunity across the freeway from Downtown San Diego!!! Two adjacent parcels on the corner of 19th & E Street totaling 9,531 square feet (.22 Acres) of lot space. One parcel includes Three detached cottage units that each feature their own private entry and garage/storage unit. The other parcel is open land that backs to the on ramp of the interstate 5 and 94. The property is zoned RM-2-5, which permits up to Seven units without any density bonus; but more importantly the property is situated in the Complete Communities Tier 3, which permits an FAR of 6.5x the total lot (potential for 61,951.5 square feet). This is a true value-add and redevelopment opportunity that will allow a new owner to build in an area that needs more housing and will have views of Downtown San Diego and Coronado.
Presented By: Joe Bonin with SVN Vanguard; joe.bonin@svn.com
Interior Features for 1901 E Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup
Total Stories1
General for 1901 E Street
Additional Parcels Description5343740600
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate1.37
Carport Y/NNo
CitySan Diego
Community FeaturesStreetLights, Sidewalks
CountySan Diego
DirectionsCorner of 19th and E Street.
Electric On Property Y/NNo
Garage Spaces3.0
Garage Y/NYes
Gross Income60540.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense1892.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031, FHA
Lot Size Square Feet9531.0
Lot Size UnitsSquareFeet
MLS Area92102 - San Diego
MobileHomeRemainsYNNo
Net Operating Income26006.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Open Parking Spaces3.0
Operating Expense32718.0
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerSewerTapPaid
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot534
Taxes$23,110
Total Actual Rent5045.0
Trash Expense0.0
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense0.0
Year Built1923
ZoningRM-2-5 & Complete Communi
Exterior for 1901 E Street
Building Area Total1904.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, BackYard, CornerLot, NearPublicTransit, StreetLevel, Yard
Lot Size Acres0.2188
Lot Size Area9531.0
Lot Size SourcePublicRecords
Number of Buildings6
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
