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130 Ivy Street

San Diego, CA 92101
  • $2,995,000
  • STATUS: ACTIVE
  • ON SITE: 25 Days
  • ID#: PTP2405684
UPDATED: 35 min ago
$2,995,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

This historical Banker's Hill apartment complex is an investor's dream! 5 units total, all leased currently, very little vacancy time. Rents have some room to be increased. All units are appointed with full HVAC, quadruple pane windows, original hardwood flooring, many original touches, such as built-in ironing boards and inlaid kitchen tile. History abounds with this property! Unit 130 was the "banker's quarters" with views of the harbor and bay. A small stairway connects 130 to 134, the former "nanny's quarters". All appliances are included. Two garages exist currently. One garage has been converted to a trash receptacle room. This property has been in the care of one family for so many years, there is no prior transfer history on tax records! Well-cared-for property is looking for a new owner. This property does NOT have a historical designation and does NOT currently qualify for the Mill's Act, however would likely qualify with some due diligence from new owner. Walk to Balboa Park, downtown, Little Italy, and so much more. Submit your offer today! This historical Banker's Hill apartment complex is an investor's dream! 5 units total, all leased currently, very little vacancy time. Rents have some room to be increased. All units are appointed with full HVAC, quadruple pane windows, original hardwood flooring, many original touches, such as built-in ironing boards and inlaid kitchen tile. History abounds with this property! Unit 130 was the "banker's quarters" with views of the harbor and bay. A small stairway connects 130 to 134, the former "nanny's quarters". All appliances are included. Two garages exist currently. One garage has been converted to a trash receptacle room. This property has been in the care of one family for so many years, there is no prior transfer history on tax records! Well-cared-for property is looking for a new owner. This property does NOT have a historical designation and does NOT currently qualify for the Mill's Act, however would likely qualify with some due diligence from new owner. Walk to Balboa Park, downtown, Little Italy, and so much more. Submit your offer today!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/155322807
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130 Ivy Street San Diego, CA 92101

  • Price: $2,995,000
  • Status: ACTIVE
  • On Site: 25 Days
  • Updated: 35 min ago
  • ID#: PTP2405684
4
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
Banker's Hill
County:
San Diego
Area:
San Diego Downtown (92101)
Property Description
This historical Banker's Hill apartment complex is an investor's dream! 5 units total, all leased currently, very little vacancy time. Rents have some room to be increased. All units are appointed with full HVAC, quadruple pane windows, original hardwood flooring, many original touches, such as built-in ironing boards and inlaid kitchen tile. History abounds with this property! Unit 130 was the "banker's quarters" with views of the harbor and bay. A small stairway connects 130 to 134, the former "nanny's quarters". All appliances are included. Two garages exist currently. One garage has been converted to a trash receptacle room. This property has been in the care of one family for so many years, there is no prior transfer history on tax records! Well-cared-for property is looking for a new owner. This property does NOT have a historical designation and does NOT currently qualify for the Mill's Act, however would likely qualify with some due diligence from new owner. Walk to Balboa Park, downtown, Little Italy, and so much more. Submit your offer today! This historical Banker's Hill apartment complex is an investor's dream! 5 units total, all leased currently, very little vacancy time. Rents have some room to be increased. All units are appointed with full HVAC, quadruple pane windows, original hardwood flooring, many original touches, such as built-in ironing boards and inlaid kitchen tile. History abounds with this property! Unit 130 was the "banker's quarters" with views of the harbor and bay. A small stairway connects 130 to 134, the former "nanny's quarters". All appliances are included. Two garages exist currently. One garage has been converted to a trash receptacle room. This property has been in the care of one family for so many years, there is no prior transfer history on tax records! Well-cared-for property is looking for a new owner. This property does NOT have a historical designation and does NOT currently qualify for the Mill's Act, however would likely qualify with some due diligence from new owner. Walk to Balboa Park, downtown, Little Italy, and so much more. Submit your offer today!
Exterior Features

Pool N/K Site Corner LotCurbsSidewalks Units With Patios 0

Interior Features

Cooling Heat Pump(s) Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Cooling 11 Units With Range Oven 5 Units With Refrigerators 5 Units With Washers 0

Property Features

Actual Cap Rate 4.0 Annual Expense Actual 52740 Assessments N/K Buildings 3 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 132132 Home Owners Fees 0.0 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2295.0 Unit2 Rent Actual 2047.0 Unit3 Rent Actual 1544.0 Unit4 Rent Actual 2900.0 Zoning Estimated

San Diego MLS logo Listing provided courtesy of Mark Di Tommaso of SoCal eRealty: 619-786-3351. Listing information © 2024 San Diego MLS Inc. Source: CR Paragon
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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