For more information on this property, contact Lawrence Dy at 8584491253 or lawrencedy@gmail.com

2204-6 Albatross St
San Diego, California CA 92101
Price: $1,799,000
Listing ID 210021845
Status PENDING
SqFt 4,731
Year Built 1910

Property Description:

Restored historic Irving Gill Duplex in the heart of Bankers Hill. This 4,731 Sqft corner lot boasts city & harbor views and was completely remodeled in 2010. The upstairs unit has been operating as an Airbnb for the last 2 years generating $8,000 per month on average. The downstairs unit is owner-occupied with a market rate of $2,750 per month. The property features a large, gated backyard, oversized balcony, partially finished basement, and detached 1 car garage. Only 3 blocks away from Little Italy, minutes from Balboa Park & Downtown. Financials for Airbnb are available upon request. The property also serves as a fantastic development opportunity as the property is zoned for 4 units.

Primary Features

County: San Diego
City: San Diego
Price Before Reduction: 1849000
Price Reduction Date: 2021-09-21T18:20:18+00:00
Property Type: 2-4 Units
Year Built: 1910

Interior

Cooling: N/K
Heat Equipment: Fireplace, Forced Air Unit
Heat Source: Natural Gas
Levels: 2 Story
Total Stories: 2
Unit 1 Estimated SqFt: 1100
Unit 1 Laundry Hook Ups: Common
Unit 1 Number of Bedrooms: 1
Unit 1 Number of Full Baths: 1
Unit 1 Number Total Baths: 1
Unit 2 Estimated SqFt: 932
Unit 2 Laundry Hook Ups: Common
Unit 2 Number of Bedrooms: 2
Unit 2 Number of Full Baths: 1
Unit 2 Number Total Baths: 1
Unit Number for Unit 1: 2204
Unit Number for Unit 2: 2206

External

Complex Features: BBQ
Entry Only: no
Exterior: Stucco
Fencing: Full, Gate
Frontage: Bay
Irrigation: Automatic, Sprinklers
Lot Size: 4,000-7,499 SF
Neighborhood: Bankers Hill
Number of Buildings: 1
Number of Units: 2
Number of Units w/Dryers: 1
Number of Units w/Fireplaces: 1
Number of Units w/Garage: 1
Number of Units w/Patios: 2
Number of Units w/Range/Oven: 2
Number of Units w/Refrigerator: 2
Number of Units w/Washers: 1
Number Units w/Dishwashers: 1
Parking for RV: None Known
Parking Garage Unit 1: Detached
Parking Garage Unit 2: N/K
Parking Non-Garage Unit 1: None Known
Parking Non-Garage Unit 2: None Known
Pool: N/K
Pool Heat: None Known
Roof: Rolled/Hot Mop
Sewer/Septic: Sewer Connected
Site: Corner Lot
Spa: N/K
Spa Heat: None Known
Unit 1 Parking Garage Space: 1
Water: Meter on Property
Water Heater Type: Electric

Location

Community: SAN DIEGO
Complex/Park: Bankers Hill
Country: United States
Market Area: Metro Central
Topography: Level, Slope Gentle
View: Bay, City, Evening Lights, Mountains/Hills, Panoramic
Zip/Area: SAN DIEGO DOWNTOWN (92101)

Additional

Property Type: 2-4 UNITS
Telecommunications: Wired High Speed Internet

Financial

Age Restrictions: N/K
Annual Expense Actual: 25428
Cap Rate Actual: 4.84
Gross Rent Multiplier Act: 16.5
Gross Scheduled Income Actual: 121140
Home Owners Fee Includes: N/K
Other Income Projected: 150
Sale/Rent: For Sale
Sales Restrictions: N/K
Short Sale: no
Tenant Pays: Cable TV, Electricity, Gas/Propane
Terms: Cash, Conventional, FHA, VA
Unit 1 Projected Rent: 2900
Unit 1 Rent Actual: 2595
Unit 2 Rent Actual: 7500

Zoning Info


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Contact

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Lawrence Dy

11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253

Data services provided by IDX Broker
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