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$1,995,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250022434SD
HOA Y/N No
Year Built 1933
Property Description
This fully renovated triplex at 1725-35 Edgemont St in San Diego's desirable South Park neighborhood offers an exceptional investment opportunity with strong rental income potential and an assumable VA loan at 3.875%. The property includes three units: a detached 3BD/1.5BA rented for $4,150/month to great tenants, a 2BD/2BA currently occupied by the owner, and a 2BD/1BA operating as a successful Airbnb, generating $60K/year (after Airbnb fees and transient occupancy taxes). Recent updates include new appliances, electrical panels, a complete rewire for the 2bd units, AC/heat in all units, separate washers/dryers, dual-pane windows, a new large Tuffshed, turf and hardwood fencing for the front yard, and fresh exterior paint. With an asking price of $1,995,000 and a remaining VA loan balance of $1.676M, this property is perfect for an owner-occupier looking to live in one unit and rent the others, or for investors seeking a steady income stream. South Park is a vibrant, central area of San Diego, known for its charming atmosphere, local shops, and easy access to all the city has to offer. OM attached
Location
State CA
County San Diego
Area 92102 - San Diego
Building/Complex Name South Park
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5393060500
Acceptable Financing VA Loan
Listing Terms VA Loan
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Listed by Jason Lee • JLM Real Estate Inc