1411-1413 Oliver Avenue

San Diego, CA 92109 View Map $2,699,000 Schedule a Tour
Beds6
Baths5
On Site45 days
Year1975

Greg Cummings

858-717-0730

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Status: Pending
Listing Office:Compass
Property Type:Res Income 2-4 Units
MLS #:210028804
On Site:45 Days
County:San Diego
PRICE REDUCED...Great 1031 Opportunity! Sitting on one of Pacific Beach's premium streets, this rare setup lends itself as one of 2 options: a great primary residence with income-earning opportunities OR a full time 4-unit rental. Charming detached front house offers gorgeous wood beams, warm wood flooring, updated kitchen with stunning La Cornue oven with gas range, updated bathrooms with guest bath offering claw footed tub, open and airy floor plan that offers many access points to the outdoors. Sit on the front patio to relax or play around on the front yard's putting green! Step out back to the intimate courtyard that offers a custom fireplace and cooking area - perfect for small gatherings. See supplement...

1 bdrm unit is currently a successful Airbnb that has been easily booked with high ratings from past guests. That unit offers a private front patio that guests can enjoy. 2 bedroom unit is leased until February 1, and is upgraded allowing for the opportunity to get higher rent in the future. The studio is also upgraded, and tenant may want to stay beyond lease that ends February 1. Each unit offers 1 parking space. May be easy to add laundry to garage as there is accessible water and electricity.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/21/2021$2,799,000$2,699,000-3.6%

Community Information

Address:1411-1413 Oliver Avenue San Diego, CA 92109
Area:Pacific Beach (92109)
County:San Diego
City:San Diego
Area (MLS Code):Coastal South
Subdivision:Pacific Beach
Zip Code:92109
Community:PACIFIC BEACH

Architecture

Bedrooms: 6
Bathrooms: 5
Year Built:1975
Stories:2
Exterior: Stucco
Total Stories: 2
Unit 1: 3 beds, 2 baths
Unit 2: 2 beds, 1 bath. Rent: $2000.0
Unit 3: 1 bed, 1 bath. Rent: $1700.0
Unit 4: 1 bath. Rent: $1300.0
Roof: Composition

Features / Amenities

Cooling: Central Forced Air, Wall/Window
Heating: Fireplace, Forced Air Unit, Wall/Gravity
Heat Source: Natural Gas
Water Heater: Gas

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Dimensions:4,000-7,499 SF
Site: Alley Access
Topography: Level
Water: Meter on Property
Sewer: Sewer Connected
Fencing: Full, Gate

Tax and Financial Info

Gross Sched Income Actual: $81, 600
Gross Sched Income Projected: $134, 400
Annual Expense Actual: $6, 451
Annual Expense Projected: $42, 885
Cap Rate Actual: $3
Cap Rate Projected: $3
Terms: Cash, Conventional

Schools

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1411-1413 Oliver Avenue San Diego, CA 92109
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1411-1413 Oliver Avenue San Diego, CA 92109
 
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