2250-54 Garnet Ave

Pacific Beach, CA, 92109

$2,900,000

$759 per ft²
$2,900,000
$759 per ft²
Active
Active
 - For Sale
beds
10 Beds
carpenters-square
3,817 ft²
property_type
Other
New Reduced Price! Fully renovated, and rented for immediate cash flow! All units are 2bed/1baths. Bungalow (Detached) 929sf w/ private laundry. Four-Plex has 2 units on first level and 2 units on second level. First level units are 646sf each - Second level units are 722sf each. Renovations include new waterproof flooring throughout, new kitchen cabinets, quartz countertops, new appliances, new built-ins throughout, upgraded electrical. Two of the five units were updated in the past 6 years. Three of the five units were renovated (2022) throughout. Additional renovations completed by the seller: Exterior paint, roof replacement, updated electrical, hedge trimming, parking space expansion, Hardscape cleaning, Laundry room renovation. Zoning may allow additional non-residential uses. See zoning info in documents tab. All units are rented - two units are on month to month and below market rent (increased this year). Three units are in 12 month leases (expire 2023). Opportunity to increase revenue: Units 2254 & 2254 1/2 are below market rent on Month to Month (Increase annual income ~$19,800), add coin laundry to increase revenue, add water meters etc.
MLS® ID:
220016929
Listed:
6/30/22
Updated:
11/29/22

Interior Features

Kitchen Appliances
Dishwasher, Range, Refrigerator, Disposal
Total Bedrooms
10
Total Bathrooms
0
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace

Exterior/Building Features

Lot Size
6,098 ft² lot
Lot Details
Sprinklers In Front, Landscaped
Roof
Composition

Other Property Details

Area Name
Coastal South
Taxes
$2004
Tax Frequency
per YEAR
Garage
No
Parking
Spaces
Parking Total
5.0
View
N
County
San Diego
Pool
No
Total Stories
2
Zoning
CO-1-2

Property History

Date
Event
Price
Value
10/31/22
Price Change
$2,900,000
-3%

Courtesy of Realty and Design of San Diego, Daniel Chiara,
Listing Contact: 619-251-0407 

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Data last updated 8:51 AM UTC, 11/29/22

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