Properties
San Diego, CA 92103 2816 18 Columbia Street
$2,000,000
Pending
9 more
Presented By: Mike Habib with Coldwell Banker Realty;
SQFT • 1,284
Garage • 2
Home Details
Charming Duplex Property on Large Parcel with panoramic views to the south and west over San Diego Bay. Zoning allows 1 unit per 1,500 sq ft of lot area with a bonus floor area ratio of 6.5, which allows for a maximum development of 47 units on the 10,819 sq ft parcel. The driveway below the parcel is part of the property. New sewer line. Flat parcel at street frontage with slope toward the south west. Existing income with two tenants on month-to-month leases. There were renovations made in 2021, but the actual age of the improvements dates from the 1920's. Income and expenses are estimated. Offered concurrently with 2830 Columcia St for $3,800,000. Total area of both parcels is 16,060 sq ft.
Presented By: Mike Habib with Coldwell Banker Realty;
Interior Features for 2816 18 Columbia Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 2816 18 Columbia Street
Cap Rate
CitySan Diego
Community FeaturesCurbs, Storm Drain(s), Street Lights, Sidewalks, Urban
ContingencyBoth tenants are on month to month leases.
CountySan Diego
DirectionsFrom I-5 going north take Sassafrass and turn right onto Palm and right onto Columbia. From I-5 going south, take Laurel and turn left and left on Columbia (make a U-turn at Palm.
Electric Expense
Entry Locationfront doors
Fuel Expense
Garage Spaces2
Garage Y/NYes
Gross Income30000
HOANo
HOA Fee$
Insurance Expense1500
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, FHA
Lot Size Square Feet10819
Lot Size UnitsSquare Feet
MLS Area92103 - Mission Hills
Net Operating Income25500
Number Of Units Total2
Operating Expense4500
Pool FeaturesNone
PostalCitySAN DIEGO
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot7, 8
Taxes$0
Trash Expense0
UtilitiesOverhead Utilities
Virtual TourClick here
Water Sewer Expense0
Year Built2021
ZoningRM-2-5 Complete Communiti
Exterior for 2816 18 Columbia Street
Building Area Total1284
Lot Dimensions100'x123'x101'x108'
Lot FeaturesBack Yard, Corner Lot, Sloped Down, Front Yard, Garden, Over 40 Units/Acre, Near Public Transit, Rolling Slope, Yard
Lot Size Acres0.2484
Lot Size Area10819
Lot Size SourcePublic Records
LotDimensionsSourcePublic Records
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters0
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking2
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
