Sold
2938 Beech St
San Diego CA, 92102
$2,450,000
$692.48 per sqft
Sold
7 Beds
6 Baths
3,538 sqft
Multi-family
Built in 2023
Located on the corner of Beech & Dale St in the heart of the highly coveted South Park neighborhood, this turn key asset sits caddy corner to Harland Brewing tasting room, 1 block from restaurants including Buona Forchetta, 1 block from Albert Einstein Charter Academy and a couple blocks to Balboa Park. Finished a full scale renovation last year on the existing duplex with designer finishes while preserving the character from this early 1900's gem. Renovation included replacing all the plumbing an electrical. Additionally, current ownership just completed ground up construction on a new 722 SF detached 2-BD ADU and is awaiting installation of solar panels to pass final inspection (expected in September). Rent for the ADU is anticipated to be $4,000/mo. Live in one and rent the other two units or own as a pure investment property in a strong rental demand market. Could also serve as an excellent short-term rental. The tenants of the 3 BD unit are interested in moving into the ADU so this unit could be available to live in. Each unit in the duplex have their own private decks and fenced in yards. The operating costs are very low given the property condition and all utilities are covered by tenants. Not to mention 8-panel solar on the ADU which minimizes its electric costs. 3-BD 1,530 SF duplex unit leased at $5,000/mo. 2-BD 1,286 duplex unit leased at $4,300/mo. 2 off street parking spots.
230015631
MLSⓇ ID
August 11, 2023
Listed
November 23, 2024
Updated
Map
2938 Beech St
San Diego CA, 92102
Interior Features
Total Stories
2
Bedrooms
7
Total Bathrooms
6
Full Bathrooms
4
Half Bathrooms
2
Appliances
Gas Water Heater, Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
Laundry Description
Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups
Fireplace
Yes
Cooling
Yes
Cooling Description
Other/Remarks
Heating
No
Exterior/Building Features
Lot Size
0.12 Acres
Lot Features
Corner Lot, Sidewalks
Roof
Rolled/Hot Mop
Other Property Details
Area Name
Metro Central
Days on Market
19
Garage
No
View
No
County
San Diego
Water Source
Meter on Property
Pool
No
Zoning
R-2:MINOR
Listing History
Date | Event | Price |
---|---|---|
9/16/2023 | Price change | $2,450,000 -2% |
9/16/2023 | Sold | $2,450,000 |
9/8/2023 | Pending | — |
Listed by Westview Realty, Rob Perkins,
Listing Contact: 858-437-2976
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Data last updated 12:12 AM UTC, 11/23/2024