14
See all 14 photos
$2,395,000
Est. payment /mo
6,054 Sqft Lot
New
4104 12 Ingraham St. San Diego, CA 92109
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Pacific Beach
MLS Listing ID 260023675SD
HOA Y/N No
Year Built 1947
Lot Size 6,054 Sqft
Property Description
It is a privilege to present for sale 4104-12 Ingraham Street, San Diego, CA 92109, a Four (4) unit multifamily property that is ideally located within the desirable Crown Point area of Pacific Beach, on the west side of Ingraham St, about six blocks from Sail Bay. Comprised of all two-bedroom/one-bathroom units (averaging ±755 SF), most with a private outdoor space (yard or patio), the Property features a common area laundry room, rear patio area(s), lushly landscaped front yards, and four (4) garages, each with a surface off-street parking space behind it (for eight total off-street spaces). Estimated to have been constructed in ±1947 on a ±6,053 SF lot, the building has two stories (yet with one single story unit), built of wood-frame construction upon an elevated foundation, with stucco exterior and pitched (hip) composition shingle roof(s). Select units have moderate upgrades, with hardwood flooring and wall heat in most. Units are separately metered for gas and electricity, and the Property benefits from lower cost city waste services. Significant capital improvements over the past several years include: new/replaced sewer lines from the building to the city (street) main line; concrete walkways at rear of the property; newer fencing at the backyard; and newer commercial washer/dryer. ways to maximize value at this property include: by modernizing the unit interiors to a very high level sufficient to capture the upper end of market rents relative to the immediate area; and/or building a new ADU (via new construction or garage conversion). Given its very good coastal location in the sought-after Pacific Beach sub-market, coupled with its central location within PB, plus its desirable unit mix (all two-bedroom units), good rents in-place yet with strong upside potential, and ample off-street parking (four garages and four surface off-street spaces - one behind each garage), this property is ripe for continued appreciation.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Building/Complex Name NA
Interior
Heating Natural Gas
Cooling See Remarks
Fireplace No
Appliance Gas Water Heater
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4232831200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Joseph Burrough Palma Commercial #02014504
NEARBY SCHOOL & BUSINESS
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