Pending

2565 Columbia Street

Mission Hills CA, 92103

$1,695,000


$807.14 per sqft

Pending

5 Beds

4 Baths

2,100 sqft

Condo

Built in 1939

Price reduced! Charming, renovated 1939 triplex perfect for owner-occupant. Downtown/Bay views. Extremely well-located at the junction of highly desirable Middletown, Mission Hills, and Bankers Hill. Tenant occupied, but possibility for owner-occupant - call for details. 2 structures. 5,621 SF corner parcel. Front is a 2bed/2bath turnkey house est. @ 1,100 SF w/ private side covered porch with exclusive Downtown and bay views. Interior has been tastefully renovated - all new kitchen/baths, lighting, flooring, paint, SS appliances, cabinets. Rented to long-term tenant at $4.5K/month. Rear 2-story duplex w/ (2) 1bed/1bath units, est. @ 500 SF each, rented to month-month tenants. These units have been recently refreshed but are primed for further upgrades + rent upside. Tenants enjoy private fenced front/side yard areas for additional outdoor relaxation/BBQ space. Newer windows, electrical upgrades, newer mini-split HVAC systems, and exterior landscaping upgrades with new fencing, paint, and drought-tolerant plants. 2 carports offering at least 3 off-street parking spaces and a common-area laundry room for additional income. All units have some views of either Downtown, the Bay or both. Zoned RM-2-5; base density of 1 unit/1,500 SF of land. Complete Communities (Tier 3/6.5x FAR) and Transit Priority Area Overlay zones, both of which lend significant density bonus potential and reduced parking requirements in this prized, coastal location. Fantastic long-term opportunities for investors and developers to explore significant high-density development options. Seller has confirmed

PTP2401263

MLS ID

March 6, 2024

Listed

April 29, 2024

Updated

Map

2565 Columbia Street
Mission Hills CA, 92103

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

4


Appliances

Dryer, Washer


Laundry Description

Washer Hookup, Gas Electric Dryer HU


Fireplace

Yes


Fireplace Description

None


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.13 Acres


Lot Features

Corner Lot, Curbs, Sidewalks, Landscaped, Value in Land, Urban


Sewer

Public Sewer

School Information

School District

San Diego Unified School District

Other Property Details

Days on Market

51


Garage

No


Parking Total

3


View

Yes


View Description

Other/Remarks, Neighborhood, City Lights


County

San Diego


Pool

No


Pool Features

None


Zoning

RM-2-5, Co


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/29/2024

Pending

4/1/2024

Price Change

$1,695,000

-4%

3/22/2024

Price Change

$1,749,000

-3%

Listed by Top Gun CRE, Max Delbecq,
Listing Contact: 858-333-7701 

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