432 Kalmia St, Downtown, CA 92101

$1,640,000
2
BD
106,211
SqFt
Sold Price
$1,640,000
List Price
$1,990,000
Closing Date
Dec 28, 2017
Days on Market
114
Status
SOLD
MLS#
170037888
Bedrooms
2
Living Sq. Ft
106,211
Lot Size(Range)
4+ to 10 AC
Lot Size(apprx.)
4,994
Complex/Building Name
No
Property Type
Multifamily
Year Built
1948

Property Description

DO NOT WALK ON PROPERTY. This trophy property consists of a 1700 sq. ft. - 3bed/2bath two-story Victorian and two - 2bed/1bath stacked units in the rear. The home features crown moldings, hardwood floors, granite counter-tops, front-decks on both floors, w/d's in each unit, upgraded appliances, individual meters for water & G&E and a spacious backyard and barbecue area. All units are completely turn-key with attention to detail in every corner. ALL furnishing for the rear units will convey with the sale.

Additional Information

Building Name
No
Cooling
Other/Remarks
Financing
Conventional
Gross Rent Multiplier Actual
13
Gross Rent Multiplier Project
13
Gross Scheduled Income Actual
134400
Heat Source
Other/Remarks
Living Area
106,211
Lot Size
4,994
Lot Size Range
4+ to 10 AC
Neighborhood
Park West
Roof
Other/Remarks
Stories
2 Story
Style
Res Income 2-4 Units
Tenant Pays
Other/Remarks
Year Built
1948

Room Dimensions

Supplement
With views of the Bay/Harbor and Downtown, 432 W Kalmia St resides in a rare trophy location. Just one block south of Laurel St and a short walk to the world famous Balboa Park in the Park West neighborhood of Bankers Hill. The property is within minutes to Downtown San Diego, Little Italy, Old-Town and some of San Diego's premiere restaurants and entertainment venues, making this a prime asset and location for a vacation rental operator or an owner user who'd like to live in the front home and use the vacation rental income to supplement their mortgage. The new owner has the opportunity to operate the units as vacation rentals or long term rentals.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of South Coast Commercial, Inc.

Selling Office: Tyler Sinks, Broker.

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