Skip To Content

801-807 Torrance St

San Diego, CA 92103
  • $3,200,000
  • STATUS: PENDING
  • ON SITE: 60 Days
  • ID#: 230019188
Pending
UPDATED: 17 min ago
$3,200,000
  • 8
    BEDS
  • 0.46
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,688
    SQFT
  • $1,190
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

One of the best four unit properties on the market in San Diego! A perfect candidate for a 1031 Exchange. Nestled in the heart of San Diego's coveted Mission Hills is a rare half acre gem which combines modern luxury and a prime location with zoning which allows for more units/ADU's. Comprised of four immaculate 2-bedroom, 1-bathroom units, averaging 700 square feet, bringing in $15k per month total this property presents an outstanding opportunity for both seasoned investors or looking for an immediate return with strong rents as well as those seeking a place to call home. Every inch of this property has been thoughtfully upgraded, including all major systems, kitchen and bathroom finishes, and all exterior grounds, ensuring the next owner peace of mind. Ideally located just blocks from Little Italy and Hillcrest, restaurants and cafes, freeways and the airport, this property is perfect for those wanting to take advantage of all beautiful San Diego has to offer. Each 2-bedroom, 1-bathroom unit boasts a spacious and thoughtfully designed layout, including updated modern kitchen cabinets, farm style sinks, imported leather quartz countertops, brand new stainless steel appliances, luxury vinyl plank flooring, dual pane windows, LED Bluetooth fixtures, custom tile, rain forest showers, updated AC/Heat, in-unit stainless steel laundry, Smart Key locks, and a sprawling outdoor garden complete with a zen gazebo with views of the downtown skyline. Private outdoor spaces on each unit allow for relaxation and a dedicated area for pets ensures they can also enjoy the outdoors. Securely gated with key code entry on a quiet culdesac with ample street parking. Don't miss your chance to own a piece of San Diego's history while enjoying the modern comforts of today!

Monthly Payment Calculator

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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/143918187
Print Image

801-807 Torrance St San Diego, CA 92103

  • Price: $3,200,000
  • Status: PENDING
  • On Site: 60 Days
  • Updated: 17 min ago
  • ID#: 230019188
8
Beds
4
Baths
0
½ Baths
0.46
Acres
2,688
SQFT
$1,190
$/SQFT
1958
Built
Neighborhood:
South Mission Hills
County:
San Diego
Area:
Mission Hills (92103)
Property Description
One of the best four unit properties on the market in San Diego! A perfect candidate for a 1031 Exchange. Nestled in the heart of San Diego's coveted Mission Hills is a rare half acre gem which combines modern luxury and a prime location with zoning which allows for more units/ADU's. Comprised of four immaculate 2-bedroom, 1-bathroom units, averaging 700 square feet, bringing in $15k per month total this property presents an outstanding opportunity for both seasoned investors or looking for an immediate return with strong rents as well as those seeking a place to call home. Every inch of this property has been thoughtfully upgraded, including all major systems, kitchen and bathroom finishes, and all exterior grounds, ensuring the next owner peace of mind. Ideally located just blocks from Little Italy and Hillcrest, restaurants and cafes, freeways and the airport, this property is perfect for those wanting to take advantage of all beautiful San Diego has to offer. Each 2-bedroom, 1-bathroom unit boasts a spacious and thoughtfully designed layout, including updated modern kitchen cabinets, farm style sinks, imported leather quartz countertops, brand new stainless steel appliances, luxury vinyl plank flooring, dual pane windows, LED Bluetooth fixtures, custom tile, rain forest showers, updated AC/Heat, in-unit stainless steel laundry, Smart Key locks, and a sprawling outdoor garden complete with a zen gazebo with views of the downtown skyline. Private outdoor spaces on each unit allow for relaxation and a dedicated area for pets ensures they can also enjoy the outdoors. Securely gated with key code entry on a quiet culdesac with ample street parking. Don't miss your chance to own a piece of San Diego's history while enjoying the modern comforts of today!
Exterior Features

Exterior BrickStucco Fencing FullGate Irrigation Drip Parking Non Garage Desc Unit4 Gated Roof Composition Topography Slope Steep Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 4

Interior Features

Cooling Central Forced Air Furnished Units 4 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Forced Air Unit Heat Source Electric Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 4 Units With Dishwashers 4 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4

Property Features

Actual Cap Rate 4.11 Age Restrictions N/K Annual Expense Actual 48835 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community SAN DIEGO Complex Features Gated Community Complex Park N/K Cross Streets Reynard Ave and Torrance St Gross Rent Multiplier Actual 17.71 Gross Scheduled Income Actual 180600 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security Gated Community Sewer Septic Sewer Connected Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 801 Unit Number For Unit2 803 Unit Number For Unit3 805 Unit Number4 807 Unit1 Deposit 2500 Unit1 Occupied Tenant Unit1 Rent Actual 3800.0 Unit2 Deposit 3845 Unit2 Occupied Tenant Unit2 Rent Actual 3550.0 Unit3 Deposit 3750 Unit3 Occupied Tenant Unit3 Rent Actual 3900.0 Unit4 Deposit 3850 Unit4 Occupied Tenant Unit4 Rent Actual 3800.0

San Diego MLS logo Listing provided courtesy of Tyler Jones of Douglas Elliman Of California: 619-884-9217. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_230019188-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_230019188-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_230019188-2.jpg
Logo
Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
7910 Girard Ave Ste 9
La Jolla CA, 92037