$1,250,000
$1,495,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
1602 1608 Meade Avenue San Diego, CA 92116
4,948 Sqft Lot
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Heights
MLS Listing ID 220024816SD
Sold Date 01/17/23
HOA Y/N No
Year Built 1910
Lot Size 4,948 Sqft
Property Description
UNIVERSITY HEIGHTS across the street from Birney Elementary! Just west of popular Park Blvd, this 4 unit, corner lot property with 2 single car garages is just blocks from Trolley Barn Park & Uptown District in Hillcrest! Sited in two front/back unit setups, the west structure's elevated front porch & high ceilings may conjure images of a San Francisco rowhome. MULTIPLE opportunities to explore for this GEM: KEEP as it is with 3 out of the 4 UNITS Market Rate Rent Ready!! LIVE in one (or combine two) & rent out others for helper income OR EARN income while you make plans for the potential development opportunity afforded by the Complete Communities & Transit Priority overlay zones as described in the attached cursory Development Summary provided by Architects Local. 1st time on market in 30+ years with many improvements made!! See Supplement!! Each unit has its own identity and have the potential for their own semi-private outdoor spaces. A few of the units retain elements of their original charm, character and architectural details - maple or Douglas Fir wood flooring, rounded door mouldings, picture rails & glass door knobs. In the San Diego Metro neighborhoods it is easy to envision its long term prospects - increased redevelopment and higher density mean land values will inevitably rise over the long haul. With 4 units today and multiple opportunities to explore, isn't it nice to have options?!? Carpe diem!
Location
State CA
County San Diego
Area 92116 - Normal Heights
Building/Complex Name --
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Fence None, Partial
Roof Type Composition,Rolled/Hot Mop
Building
Story Multi/Split
Entry Level Multi/Split
Level or Stories Multi/Split
Others
Senior Community No
Tax ID 4452011400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Sohaila Karimi • Polo Financial Group Inc