$400,000
●
House -
Off Market
7020 Mohawk Street
San Diego, CA 92115
2 Beds
1 Bath
749 Ft²
$736,388
RealtyHop Estimate
81.82%
Since Jul 1, 2016
CA-San Diego
Primary Model
About This Property
Great Investment Opportunity. Owner states property is zoned R2 and
could potentially have another home places on the double lot as
indicated by the two adjoining properties. Great starting home or
for investor. Neighborhoods: La Mesa Heights Equipment:
Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: LL,GSL
Unit Size
749 Ft²
Days on Market
43 days
Land Size
-
Price per sqft
$541
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 #160022226)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2021 | Sold | ||
| Sold | |||
| May 27, 2021 | Listed by Coldwell Banker West | $719,000 | |
| Listed by Coldwell Banker West | |||
| | |||
|
Opportunity awaits just south of the 8! Beautifully remodeled home centrally located zoned for 2 units! This home underwent an addition and upgrade in 2018. If you love to cook then you are going to love this kitchen! New cabinets, stainless steel appliances, gas cooking, and PLENTY of counter space! Master suite complete with his and her closets. The open floor plan flows to French doors that open to a large deck and serene backyard. Lush green mature landscape offers plenty of shade and a feeling of peace. Back side of property accessed by alley and has parking as well as a 1 car garage. Take advantage of the zoning and add an income producing dwelling on backside of property with its separate access. You are not going to want to miss this one.
| |||
| Jun 8, 2016 | Sold | ||
| Sold | |||
| Apr 26, 2016 | Listed by Esquire Realty | $405,000 | |
| Listed by Esquire Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Sold On
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HOA + Taxes
About Mid-City
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Listed by: Heidi Cafarella, Esquire Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160022226
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160022226
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