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1750-1752 Kettner Blvd

San Diego, CA 92101
  • $962,500
  • STATUS: SOLD
  • ON SITE: 469 Days
  • ID#: 230004457
Sold - 08/25/2023
$962,500
SOLD - 08/25/2023
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

An outstanding mixed used [residential over retail] investment opportunity in Little Italy. This property is the definition of location, location, location and is irreplaceable real estate. The subject site consists of a studio apartment over a retail clothing store. The total square footage is approximately 1,271 square feet. The studio is approximately 654 square feet and the retail store is approximately 617 square feet. The retail tenant, Bobbi Rocco, is a fashion forward, upscale clothing boutique with locations in La Jolla, Little Italy and Woodland Hills, California. The current studio rent is well below the market, offering an investor income and equity upside potential. The studio tenant is on a year lease that expires in June 2024 and then converts to a month-to-month lease. The retail tenant's lease expires at the end of December 2023 but may be interested in signing a longer term lease. Don't miss out on this rare opportunity to own a live/work investment property in one of San Diego County's most iconic submarkets - Little Italy.

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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.callstein.com/homes/137577360
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1750-1752 Kettner Blvd San Diego, CA 92101

  • Price: $999,900
  • Status: SOLD
  • On Site: 469 Days
  • Updated: 131 min ago
  • ID#: 230004457
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
San Diego Downtown (92101)
County:
San Diego
Area:
San Diego Downtown (92101)
Property Description
An outstanding mixed used [residential over retail] investment opportunity in Little Italy. This property is the definition of location, location, location and is irreplaceable real estate. The subject site consists of a studio apartment over a retail clothing store. The total square footage is approximately 1,271 square feet. The studio is approximately 654 square feet and the retail store is approximately 617 square feet. The retail tenant, Bobbi Rocco, is a fashion forward, upscale clothing boutique with locations in La Jolla, Little Italy and Woodland Hills, California. The current studio rent is well below the market, offering an investor income and equity upside potential. The studio tenant is on a year lease that expires in June 2024 and then converts to a month-to-month lease. The retail tenant's lease expires at the end of December 2023 but may be interested in signing a longer term lease. Don't miss out on this rare opportunity to own a live/work investment property in one of San Diego County's most iconic submarkets - Little Italy.
Interior Features

Sq Ft Of Improvement 1271

Property Features

Actual Cap Rate 4.0 Actual Gross Scheduled Income 53400.0 Actual Operating Expense 13544.20 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 18.72 Have 0 Mandatory Remarks None Known Market Area Metro Central Motive Want 0 Short Sale No

San Diego MLS logo Listing provided courtesy of Paula Danker of Paula Danker Real Estate: 619-417-5700. Listing information © 2024 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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