$1,080,000
$800,000
35.0%For more information regarding the value of a property, please contact us for a free consultation.
2920 Bancroft St San Diego, CA 92104
2 Beds
2 Baths
1,609 SqFt
Key Details
Sold Price $1,080,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,609 sqft
Price per Sqft $671
Subdivision North Park
MLS Listing ID 210008843
Sold Date 05/07/21
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1947
Lot Size 6,098 Sqft
Property Description
Around 1927 a journeyman carpenter and his team of craftsmen built this jewel. His identity is unknown but an early invoice and the design suggest he was inspired by the coastal castles found in Mediterranean Spain as well as Tuscany. Classic inlays and time specific architectural details are displayed throughout this light and bright home. Original wood floors appear to be in excellent shape hidden from potential years of wear and tear by protective carpet further enhancing the classic appeal. This unique home is eligible for 2 additional ADUs providing tremendous upside to any buyer. Create a family compound or rental income opportunities. Similar A/R homes are selling for approximately $1.4+million. Monthly rental income could exceed $8000 (with the ADUS) and potentially cover all mortgage debt and deliver cashflow. Detailed property reports and purchase guidance are available, co-op agents please inquire with the list agent. An opportunity like this home rarely appears in San Diego. Whether you are excited about the huge potential equity and income opportunities or are simply seeking a great home in a wonderful neighborhood with fantastic proximity to the City, beach, schools, and all that North Park offers, your perfect home has been found! Perhaps you will enjoy it for the next 93 years just like the original owner. Other Fees: 0 Sewer: Sewer Connected Topography: LL
Location
State CA
County San Diego
Area 92104 - North Park
Zoning R-2:MINOR
Interior
Interior Features Bedroom on Main Level, Main Level Master
Heating Baseboard, Electric
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Counter Top, Electric Oven
Laundry Laundry Room, See Remarks
Exterior
Parking Features Driveway
Garage Spaces 1.0
Garage Description 1.0
Fence Partial
Pool None
Roof Type Composition,Rolled/Hot Mop
Attached Garage No
Total Parking Spaces 5
Private Pool No
Building
Story 1
Entry Level One
Architectural Style Mediterranean
Level or Stories One
Others
Senior Community No
Tax ID 4536211800
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Simon Saran • Dolan Realty Company