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3485-3487 Del Rey Street
Coastal South San Diego 92109

$1,745,000
2-4 Units 2,758 sq. ft. built: 1958

Main Photo: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Photo 1: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Photo 2: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Photo 3: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Photo 4: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Photo 5: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Photo 6: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Photo 7: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Photo 8: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Photo 9: PACIFIC BEACH Property for sale: 3485-3487 Del Rey Street in San Diego
Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
240018536
Year Built:
1958
REDUCED PRICE! Originally constructed in 1958, the subject was extensively remodeled in 2024 with all new interiors, refreshed exterior and upgrades to several major building systems. The turnkey units feature high-end finishes, fixtures and appliances. The subject is located west of Interstate 5 and walking distance to Mission Bay and Mission Bay Park, the 4,600 acre aquatic playground with miles of beaches and waterways. The immediate neighborhood has a quiet, beach-town feel with abundant street parking. Pacific Beach has a plethora of popular eateries, shopping and attractions, all walking distance from the property.
Property Panorama Instant Tour
Total Floor Area:
2,758 sq. ft.
Lot Size:
1-3,999 SF
Number of Buildings:
1
Number of Units:
4
Year Built:
1958
Stories:
1 Story
Total Stories:
1
Market Area:
Coastal South
Community:
PACIFIC BEACH
County:
San Diego
Neighborhood Code:
Pacific Beach
Name of Complex/Subdivision:
n/a
Home Owner Fees Include:
N/K
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Cable TV
Other income:
0
Annual expense actual:
48461
Cap Rate.:
4.28
Projected Cap Rate.:
4.66
Gross Rent Multiplier:
13.8
Projected Gross Rent Multiplier:
13.1
Gross scheduled income:
118560
Finished Area for Unit 1:
480 sq. ft.
Bedrooms for Unit 1:
1
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
2195.0
Total Rent for Unit 1:
2195.0
Projected Rent for Unit 1:
2295.0
Unit 1 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 1:
No
Finished Area for Unit 2:
602 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
2495.0
Total Rent for Unit 2:
2562.0
Projected Rent for Unit 2:
2695.0
Unit 2 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 2:
No
Finished Area for Unit 3:
602 sq. ft.
Bedrooms for Unit 3:
2
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
2595.0
Total Rent for Unit 3:
2562.0
Projected Rent for Unit 3:
2695.0
Unit 3 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 3:
No
Finished Area for Unit 4:
602 sq. ft.
Bedrooms for Unit 4:
2
Number of bathrooms for Unit 4:
1
Full Bathrooms for Unit 4:
1
Half Bathrooms for Unit 4:
0
Deposit for Unit 4:
3095.0
Total Rent for Unit 4:
2562.0
Projected Rent for Unit 4:
2695.0
Unit 4 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 4:
No
Glendora Street
Complex Features:
Laundry Facilities
Exterior Features:
Stucco
Cooling:
None
Heating:
Wall/Gravity
Number of Units with Cooling:
0
Number of Units with Dishwashers:
0
Number of Units with Dryers:
0
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
0
Number of Units with Patios:
0
Number of Units with Range/Oven:
4
Number of Units with Refrigerators:
4
Number of Units with Washers:
0
Roof:
Composition
Security:
N/K
Fencing:
Partial
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Conventional
Parcel Number:
424-362-15-00
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Larger map options:
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Listed by Eric D. Comer, Broker
Data was last updated October 9, 2024 at 07:10 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$2,341,500
Min list price:
$1,174,900
Max list price:
$6,500,000
Avg days on market:
66
Min days on market:
3
Max days on market:
352
Avg price per sq.ft.:
$637.69
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations.
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RONALD FLETCHER
Data Source Logo
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego Multiple Listing Service, Inc.