2938 Beech St, San Diego, CA 92102
Property · 2 recorded sales since 2021
Sold September 2023
Listing Agent: Rob Perkins (DRE #01738376) · Listing Office: Westview Realty · Contact: 858-638-1750 · Bought with: Brian Gafford · Pacific Southwest Brokers · MLS #230015631SD · Source: CRMLS
About this property
Located on the corner of Beech & Dale St in the heart of the highly coveted South Park neighborhood, this turn key asset sits caddy corner to Harland Brewing tasting room, 1 block from restaurants including Buona Forchetta, 1 block from Albert Einstein Charter Academy and a couple blocks to Balboa Park. Finished a full scale renovation last year on the existing duplex with designer finishes while preserving the character from this early 1900's gem. Renovation included replacing all the plumbing an electrical. Additionally, current ownership just completed ground up construction on a new 722 SF detached 2-BD ADU and is awaiting installation of solar panels to pass final inspection (expected in September). Rent for the ADU is anticipated to be $4,000/mo. Live in one and rent the other two units or own as a pure investment property in a strong rental demand market. Could also serve as an excellent short-term rental. The tenants of the 3 BD unit are interested in moving into the ADU so this unit could be available to live in. Each unit in the duplex have their own private decks and fenced in yards. The operating costs are very low given the property condition and all utilities are covered by tenants. Not to mention 8-panel solar on the ADU which minimizes its electric costs. 3-BD 1,530 SF duplex unit leased at $5,000/mo. 2-BD 1,286 duplex unit leased at $4,300/mo. 2 off street parking spots.
Listing description from the September 2023 sale, as reported to CRMLS.
Sale history
