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1602-1608 Meade Avenue San Diego, CA 92116
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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 433 sqft
Price per Sqft $2,886
Subdivision University Heights
MLS Listing ID 220024816
Bedrooms 5
Full Baths 4
Year Built 1910
Lot Size 4,948 Sqft
Property Description
UNIVERSITY HEIGHTS across the street from Birney Elementary! Just west of popular Park Blvd, this 4 unit, corner lot property with 2 single car garages is just blocks from Trolley Barn Park & Uptown District in Hillcrest! Sited in two front/back unit setups, the west structure's elevated front porch & high ceilings may conjure images of a San Francisco rowhome. MULTIPLE opportunities to explore for this GEM: KEEP as it is with 3 out of the 4 UNITS Market Rate Rent Ready!! LIVE in one (or combine two) & rent out others for helper income OR EARN income while you make plans for the potential development opportunity afforded by the Complete Communities & Transit Priority overlay zones as described in the attached cursory Development Summary provided by Architects Local. 1st time on market in 30+ years with many improvements made!! See Supplement!!
Each unit has its own identity and have the potential for their own semi-private outdoor spaces. A few of the units retain elements of their original charm, character and architectural details - maple or Douglas Fir wood flooring, rounded door mouldings, picture rails & glass door knobs. In the San Diego Metro neighborhoods it is easy to envision its long term prospects - increased redevelopment and higher density mean land values will inevitably rise over the long haul. With 4 units today and multiple opportunities to explore, isn't it nice to have options?!? Carpe diem!
Location
State CA
County San Diego
Community University Heights
Area Normal Heights (92116)
Building/Complex Name --
Interior
Heating Natural Gas
Exterior
Exterior Feature Wood
Fence Partial, N/K
Roof Type Composition,Rolled/Hot Mop
Building
Lot Description Corner Lot, Curbs, Public Street, Sidewalks, Street Paved
Sewer Sewer Connected
Water Meter on Property
Others
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Bought with Sohaila Karimi • Polo Financial Group Inc