1334-1336 Dale St

    San Diego, CA 92102
    • $929,000
    • STATUS: ACTIVE
    • ON SITE: 64 days
    • ID#: 180063067
    UPDATED: 41 min ago
    $929,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,054
      SQFT
    • $452
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1916
    County:

    School Ratings & Info

    Description

    Variance Granted for Detached - This is an amazing opportunity for either an investor or someone who wants to purchase and use it as their residence, while renting out the other space. This charming Victorian has been meticulously maintained throughout the years and features modern upgrades, such as tankless water heaters and dual pane windows throughout. This duplex was originally built as a Single family home, but was converted for military housing. For Investors - Both residences are currently tenant occupied. The bottom residence (1336 Dale Street) is bringing in $2,150 per month. The existing tenant is month to month and has lived there for 2 years now. The top residence (1334 Dale Street) was just re-leased for $2,300 per month. The current rent totals $4,450 with upside potential on the ground level residence. 1336 Dale is the larger of the two homes and market rent is estimated to be somewhere around $2,400 per month.The owner stated that he has had very low vacancy rates and has never had an issue renting out the property quickly. This location is highly desirable and continues to improve. For Owner/Users - This is a great opportunity for you to live in the downstairs unit and keep a tenant in the upstairs portion. With 20% down, the difference between the current rent and the mortgage payment, property taxes and insurance would be approximately $2,650. You could then capitalize on the tax savings from the interest and property taxes paid. In the future, if you wanted to expand into a larger space, you would be able to easily convert this duplex back into a single family home. You would have a nice home in a great location where single family options of this size tend to run $1,100,000+. There are so many amazing opportunities with this property!

    Monthly Payment Calculator

    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 MLS. 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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.whisselrealty.com/homes/89378414

    1334-1336 Dale St San Diego, CA 92102

    • Price: $929,000
    • Status: ACTIVE
    • Updated: 41 min ago
    • ID#: 180063067
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,054
    SQFT
    $452
    $/SQFT
    1916
    Built
    Neighborhood:
    South Park
    County:
    San Diego
    Area:
    San Diego (92102)
    Property Description
    Variance Granted for Detached - This is an amazing opportunity for either an investor or someone who wants to purchase and use it as their residence, while renting out the other space. This charming Victorian has been meticulously maintained throughout the years and features modern upgrades, such as tankless water heaters and dual pane windows throughout. This duplex was originally built as a Single family home, but was converted for military housing. For Investors - Both residences are currently tenant occupied. The bottom residence (1336 Dale Street) is bringing in $2,150 per month. The existing tenant is month to month and has lived there for 2 years now. The top residence (1334 Dale Street) was just re-leased for $2,300 per month. The current rent totals $4,450 with upside potential on the ground level residence. 1336 Dale is the larger of the two homes and market rent is estimated to be somewhere around $2,400 per month.The owner stated that he has had very low vacancy rates and has never had an issue renting out the property quickly. This location is highly desirable and continues to improve. For Owner/Users - This is a great opportunity for you to live in the downstairs unit and keep a tenant in the upstairs portion. With 20% down, the difference between the current rent and the mortgage payment, property taxes and insurance would be approximately $2,650. You could then capitalize on the tax savings from the interest and property taxes paid. In the future, if you wanted to expand into a larger space, you would be able to easily convert this duplex back into a single family home. You would have a nice home in a great location where single family options of this size tend to run $1,100,000+. There are so many amazing opportunities with this property!
    Exterior Features

    Exclusive Use Yard Yes Exterior Wood Fencing FullGate Guest House N/K Irrigation Sprinklers Lot Size 4000-7499 SF Parking For RV Potential Space Parking Garage Description None Known Parking Non Garage Description Driveway - Concrete Parking Non Garage Spaces 6 Parking Spaces Total 6 Patio Awning/Porch CoveredDeck Pool N/K Pool Heat None Known Residential Styles Detached Residential Unit Location Detached Roof Composition Site Cul-De-Sac Spa N/K Spa Heat None Known Structures Shed Topography Level View CityEvening LightsNeighborhood

    Interior Features

    Bath Totals 2 Bedroom2 Dimensions 16X11 Bedroom3 Dimensions 14X10 Bedroom4 Dimensions 14X10 Bedrooms Total 4 Cooling N/K Dining Room Dimensions 16X11 Equipment Available DryerWasherFreezerGas StoveGas Cooking Family Room Dimensions Na Fireplace Fp in Dining RoomFp in Living Room Fireplaces 2 Floor Coverings CarpetWood Heat Equipment FireplaceFloor Furnace Heat Source Natural Gas Interior Features BalconyBeamed CeilingsCeiling FanPantry Kitchen Dimensions 16X7 Laundry Location CommunityLaundry RoomOutside Laundry Utilities Electric Living Room Dimensions 14X14 Master Bedroom Dimensions 15X12 Optional Bedrooms 0 Searchable Rooms Bedroom Entry LevelDining Room/SeparateFormal EntryMaster Bdrm 2Mbr Entry LevelStorage RoomLiving Room Stories 2 Story Sub Flooring Wood Over Crawlspace Water Heater Type Tankless

    Property Features

    Additional Property Use N/K Age Restrictions N/K Architectural Style Victorian Association ID San Diego Association Of Realtors (Sdar) Cfd Mello Roos Fee 0 Community San Diego Complex Features N/K Cross Streets Ash Home Owners Assoc Fee Includes N/K Home Owners Fees 0 Jurisdiction Incorporated Mandatory Remarks None Known Market Area Metro Central Miscellaneous Urban Monthly Total Fees 0 Other Fee Type N/K Other Fees 0 Ownership Fee Simple Pets Yes Property Restrictions Known None Known Sales Restrictions N/K Security Smoke DetectorCarbon Monoxide Detectors Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (Coaxial)Computer (Cat5)Wired High Speed Internet Terms CashConventionalVa Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Meter On Property Zoning Rs 1-7

    Listing provided courtesy of Windermere Homes & Estates. Listing information © 2019 San Diego MLS, Inc.
    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 MLS. 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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    eXp Realty of California - CA DRE# 01878277
    3180 University Ave, Suite 600
    San Diego CA, 92104