San Diego, CA 92109,942 Reed Avenue
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San Diego, CA 92109,942 Reed Avenue
San Diego, CA 92109,942 Reed Avenue

$810,000

Est. payment /mo

$795,000

1.9%
Est.Price: ?

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942 Reed Avenue San Diego, CA 92109

6,250 Sqft Lot

SOLD DATE : 12/27/2012

Key Details

Sold Price $810,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 120056950

Sold Date 12/27/12

HOA Y/N No

Year Built 1950

Lot Size 6,250 Sqft

Acres 0.1435

Property Description

Outstanding beach location less than 3 blocks to Pacific Ocean and 4 blocks to Sail Bay! Cute single family w/attached garage in front, with its own patio, lawn and fenced backyard. Bkfst nook, ldry in garage! Back unit is cute loft apt with 400 SF 2nd-story deck! Ldry room att 1st level and parking for 3 cars! Also has fenced backyard w/lawn! Buyer to verify sq ft - assesor not accurate. With 25% down, new owner can live in house way below rent! This is an incredible location - SEE Supplement! Existing rent is $1750 and $1200. Projected to be appx $2200 and $1500. Expenses are basically R.E. taxes and insurance as tenants pay all utilities. There are occassional repairs. Back unit has fully upgraded kitchen; both have newer tile in tub and bathroom floors. Each unit has its own cozy fenced back yard with lawn and plants. Front house has back patio and back loft apartment has a huge 400 SF deck off the second level (where the bedroom and bath is). Walk 1 1/2 blocks to Mission Blvd and cross over 1/2 block more and you are at the boardwalk right at the sand. You then have an awesome view north to Crystal Pier and south to Mission Beach! Four blocks south and you're at Sail Bay! With a 25% down payment and a new loan of $595,000 @ 3.75% the new owner would live in the front home for less than current rent after tax savings! (Tenants own washers/dryers/refrigs/stoves) SHOW ONLY WITH ACCEPTED OFFER! Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 944 Unit # for Unit 2: 942 Unit 1 Parking Spaces: 2 Unit 2 Parking Spaces: 3 Number of Furnished Units: 0 Topography: LL

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Interior

Cooling SeeRemarks

Fireplace No

Appliance GasWaterHeater

Exterior

Fence Partial

Pool None

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 2

Private Pool No

Building

Story MultiSplit

Entry Level MultiSplit

Level or Stories MultiSplit

Others

Senior Community No

Tax ID 4231231800

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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California Regional MLS (CRMLS)
Listed by Jeff Horvitz • Pacific R.E.Services, Inc
Bought with Mark Hamilton • 1st Choice Properties

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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