Active

1833 37 Fern St

San Diego CA, 92102

$2,999,999


Active

Residential

Built in 2023

Listed by Leslie Duvernay with Compass 916-936-1293

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! 1833 Fern St: SFR with 4 Bedrooms + 3 Bathrooms, 1640 SF, 2 side-by-side uncovered parking spaces, Central AC/Heat - 1835 Fern St. Unit A: 1st floor, 1 bedroom + 1 bathroom, 750 SF + 1 off-street uncovered parking - 1835 Fern St. Unit B: 2nd floor, 1 bedroom + 1 bathroom, 750 SF, + 2 tandem style off-street uncovered parking spaces - The new construction ADUs, side by side 2 story "row home style" 1 bedroom + 1 bathroom, AC/Heat, 565 SF, no parking spaces, 1 unit enters alley side, 1 unit enters on the Fern St. Side.

230014564SD

MLS ID

July 27, 2023

Listed

May 9, 2024

Updated

Map

1833 37 Fern St
San Diego CA, 92102

Interior Features

Total Stories

2


Appliances

Electric Water Heater, Gas Water Heater, Tankless Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Combination, Electric, Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.11 Acres


Roof

Composition

Other Property Details

Area Name

92102 - San Diego


Days on Market

275


Garage

No


Parking Total

0


View

Yes


County

San Diego


Water Source

See Remarks


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%

Listing Contact: 916-936-1293 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 1:37 PM UTC

 

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