Listed by: Mario Alfaro, SoCal Realty Partners
$785,000
●
House -
Off Market
2838 Comstock Street
San Diego, CA 92111
2 Beds
1 Bath
750 Ft²
$4,051
Est. Monthly
About This Property
Excellent equity opportunity! This 2-bedroom, 1-bath home is
located in the Linda Vista community of San Diego, an area in the
exciting process of revitalization. This property offers a unique
development opportunity with RM-1-1 zoning, potentially allowing
for additional units to be built, making it a prime investment
(Buyer to check with city for restrictions). Inside, you'll find
updated double pane windows that provide energy efficiency and
noise reduction, as well as beautiful original hardwood floors that
add character to the home. The bathroom features a skylight,
filling the space with natural light. The property also boasts a
detached garage and the convenience of two separate driveways,
offering ample parking and flexibility. Situated close to major
freeways, this home provides easy access to the beach, airport, Old
Town San Diego, SeaWorld, and all the best that San Diego has to
offer. Don't miss out on this incredible chance to own a home with
fantastic potential in one of the city's most promising
neighborhoods!
Unit Size
750 Ft²
Days on Market
63 days
Land Size
0.13 acres
Price per sqft
$1,100
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 2 years ago (CRMLS #TR24210622)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by SoCal Realty Partners | $825,000 | |
| Listed by SoCal Realty Partners | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Western San Diego
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Listed by: Mario Alfaro, SoCal Realty Partners
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24210622
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24210622
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