$451,000
●
House -
Off Market
2539 Sumac
San Diego, CA 92105
3 Beds
2 Baths
1,119 Ft²
$790,502
RealtyHop Estimate
75.67%
Since Mar 1, 2017
CA-San Diego
Primary Model
About This Property
Recently refreshed home located in the highly sought after
neighborhood of Hollywood park. Park access is directly across the
street. House features a light and bright interior with sit down
views to the park and surrounding areas. New wood laminate and
carpet flooring throughout. Kitchen and baths are updated, yet hold
much of the original charm. The yard is low maintenance and
features an amazing outdoor fireplace and patio area. Ample room
for a boat or RV, and there is a detached 2 car garage.
Neighborhoods: Hollywood Park Equipment: Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: ,LL
Unit Size
1,119 Ft²
Days on Market
45 days
Land Size
0.13 acres
Price per sqft
$402
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #170001241)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by The Avenue Home Collective | $775,000 | |
| Listed by The Avenue Home Collective | |||
| | |||
|
Welcome to 2539 Sumac Drive – a beautifully updated, single-story gem overlooking the Azalea Hollywood Park Canyon of San Diego with no neighbors across the street! This property boasts a 2-car garage and additional gated parking perfect for more backyard entertaining space, additional parking, RV space or space to build an ADU - a rare find in this neighborhood. Featuring new vinyl dual pane windows, upgraded baseboards, brand new modern neutral flooring, fresh designer interior paint, updated lighting fixtures and so much more! Make this home your city oasis and relax by the midcentury outdoor fireplace. Located directly across from the scenic Azalea - Hollywood Park, this home offers easy access to green spaces, trails, and recreational amenities. The spacious backyard and patio provide a peaceful retreat, while still allowing potential for future expansion with a possible ADU. Don't miss out on this incredible opportunity to own a unique piece of San Diego – only 10 minutes from downtown! Call LA Melissa Sofia with questions: 858-705-1922 Send offers to: [email protected] & [email protected]
| |||
| Feb 21, 2017 | Sold | ||
| Sold | |||
| Jan 7, 2017 | Listed by Realty and Design of San Diego | $450,000 | |
| Listed by Realty and Design of San Diego | |||
Property Highlights
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Mid-City
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Listed by: Daniel Chiara, Realty and Design of San Diego
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170001241
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170001241
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