$2,025,000
$1,995,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
5 Baths
4,058 SqFt
SOLD DATE : 02/21/2024
Key Details
Sold Price $2,025,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,058 sqft
Price per Sqft $499
Subdivision Downtown
MLS Listing ID 230021205SD
Sold Date 02/21/24
Bedrooms 9
Full Baths 5
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1887
Lot Size 5,201 Sqft
Property Description
Pssoible situation for seller financing. This Grand Victorian Lady, that can be viewed on the east side of HWY 5 as you pass downtown, proudly represents a bygone era. Built in 1887, the Sherman Doig historically designated, Mills Acted home, is in amazing condition. With new purchase price, property taxes will be only approximately $5,000-$6,000 per year due to the Mills Act. Buyers could live on the top two floors which is a 2000 square foot apartment and rent out the lower floors to pay their mortgage. Lower two floors have been used for commercial use in the past. Buyer to research zoning. There are too many options to mention. You have to tour this magnificent property to appreciate its versatility. Or Airbnb the top two floors or long term rental. This 15 room Victorian Lady is conveniently located just across the freeway from Downtown. It's walking distance to Little Italy, Balboa Park, San Diego Zoo, Trolley Stops, Gaslamp, Petco Park, Waterfront Park, and San Diego Bay.The possibilities for this completely, unique property are endless. My favorite aspect of this property is that even though it's historic, there is very little deferred maintenance. Much of the house has had the airport soundproofing already. Seller financing a possibility. The possibilities for this completely, unique property are endless. In the past the bottom two floors have been used for commerical use. Buyer may be able to run a Bed and Breakfast or just do long term rentals on all five areas that could be made separate from each other. My favorite aspect of this property is that even though it's historic, there is no deferred maintenance. The heating and air conditioning systems have been replaced.. In fact it had the Airport Authority sound proofing a few years ago. The roof is only 7 years old. The entire house was completely painted recently and the driveway, where you can park 6 cars tandem, was redone as well.
Location
State CA
County San Diego
Area 92101 - San Diego Downtown
Rooms
Other Rooms Guest House Detached, Guest House Attached
Interior
Heating Electric, High Efficiency
Cooling Central Air, Gas, Zoned
Flooring Carpet
Fireplaces Type Dining Room, Family Room
Fireplace Yes
Appliance Built-In Range, Counter Top, Dishwasher, Microwave, Range Hood
Laundry Electric Dryer Hookup, Laundry Room
Exterior
Parking Features Driveway, Other
Fence None
Pool None
View Y/N Yes
View Bay, Ocean
Roof Type Composition
Total Parking Spaces 7
Private Pool No
Building
Lot Description Sprinkler System
Story 4
Entry Level Three Or More
Architectural Style Victorian
Level or Stories Three Or More
Additional Building Guest House Detached, Guest House Attached
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5332520500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Anthony Napoli • Hunter & Maddox Intl. Inc.
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REALTOR® | Lic# 01314776