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San Diego, CA 92102 2625 31 K Street

$2,750,000

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Presented By: Pavleta Alexander with Pacific Sotheby's Int'l Realty; estates@pavleta.com
  • MLS# NDP2309545
  • 12/21/2023
  • Request Tour
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  • BedBeds • 8
  • BathBaths • 4
  • FootageSQFT • 2,904

Home Details

Excellent investment/development opportunity in Sherman Heights. This vibrant neighborhood is experiencing the excitement of revitalization and is ideally located within blocks of downtown San Diego, Balboa Park, City College, Petco Park, San Diego Bay, Gaslamp District and the San Diego Airport. Four attached units, each consisting of 2 bedrooms 1 bath, on RARE 7,070 sf Lot offers incredible upside potential for development. The zoning is RM1-1. An investor/developer can take advantage of the new development standards in the city of San Diego to further make this property more desirable. Onsite and street parking with alley access. Steps away from cafes, boutiques, entertainment venues, restaurants and just minutes to freeways. No sign on property.
Presented By: Pavleta Alexander with Pacific Sotheby's Int'l Realty; estates@pavleta.com

Interior Features for 2625 31 K Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls, NoOneAbove
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 2625 31 K Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate0.0
Carport Y/NNo
CitySan Diego
Community FeaturesUrban
CountySan Diego
Days on Market56
DirectionsCrossStreet: 26th
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income74820.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1260.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Item1031Exchange
Lot Size Square Feet7070.0
MLS Area92102 - San Diego
MobileHomeRemainsYNNo
Net Operating Income58308.0
New ConstructionNo
Number of Units Leased4
Operating Expense13811.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameK
Tax Lot53550111
Taxes$4,320
Total Units4
Trash Expense0.0
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1965
Year Built SourceAppraiser
ZoningRM-2-5

Exterior for 2625 31 K Street

Building Area Total2904.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1623
Lot Size Area7070.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,750,000
MLS#NDP2309545
List Date 12/21/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors