Active

1833-37 Fern St

San Diego CA, 92102

$2,999,999


$811.69 per sqft

Active

7 Beds

6 Baths

3,696 sqft

Multi-family

Built in 2023

VA 100% Financing OK! Welcome to this stunning five-unit property (3 Units + 2 ADUs) in the charming and very walkable South Park neighborhood of San Diego. This property consists of 5 Units Total: 1833 Fern is a 4 bed 3 bath Single Family home, 1835 Fern Units A & B is a top/bottom duplex identical 1 bd 1 ba's, and 2 new construction ADUs both identical 1bd 1ba's. This is an excellent opportunity for an owner-occupant or a savvy investor. Once stabilized, this property could bring in upwards of $14,000+ in gross rents or push that further by having a mix of short-term and long-term rentals. With South Park's amazing location and with the combination of short-term and long-term rentals, this property could reach gross rents of upwards of $20,000+ per month. With a location that is second to none, you can walk to everything South Park offers, including amazing restaurants, fun events, a food truck park, Target Express, more shopping, bars, parks, hiking trails, the zoo, and even the airport. Strategic financing options available for owner-occupied and non-owner-occupied purchasers - VA and DSCR financing are available!

230014564

MLS ID

July 28, 2023

Listed

June 12, 2024

Updated

Map

1833-37 Fern St
San Diego CA, 92102

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

6


Full Bathrooms

6


Appliances

Electric Water Heater,Gas Water Heater,Tankless Water Heater, Dishwasher, Range/Oven, Refrigerator, Dryer, Washer


Laundry Description

Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Electric, Natural Gas, Fireplace(s), Forced Air, Wall/Gravity

Exterior/Building Features

Roof

Composition

School Information

School District

San Diego Unified School District

Other Property Details

Area Name

Metro Central


Days on Market

312


Garage

No


Parking

Garage(N/K), Non-Garage(Uncovered, Tandem, Uncovered, None Known)


View

Yes


View Description

City, Evening Lights, Valley/Canyon


County

San Diego


Water Source

Meter on Property, Other


Pool

No


Pool Features

None


Zoning

RM 3-5


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/3/2023

Price Change

$2,999,999

-7%

Listed by Compass, Leslie J Duvernay,
Listing Contact: 619-554-8520 

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