San Diego, CA 92116,1602-1608 Meade Avenue
San Diego, CA 92116,1602-1608 Meade Avenue
San Diego, CA 92116,1602-1608 Meade Avenue
San Diego, CA 92116,1602-1608 Meade Avenue
San Diego, CA 92116,1602-1608 Meade Avenue
San Diego, CA 92116,1602-1608 Meade Avenue
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$1,250,000

$1,495,000

16.4%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

433 SqFt


SOLD DATE : 01/17/2023

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

Sold Date 01/17/23

Bedrooms 5

Full Baths 4

HOA Y/N No

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

Appliance Wall/Gravity

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

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories Other/Remarks

Others

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Scot E Gentry • Coldwell Banker West
Bought with Sohaila Karimi • Polo Financial Group Inc
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States

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