Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Year built

1929

Heating

Natural Gas

Cooling

None

View

Bay

Status

Active

Days on market

51

MLS #

245167615

About this property

*NEW PRICE @ $1,599,900!* Strong interest and multiple offers were received. Previous opportunities did not move forward for reasons unrelated to the property. Now repositioned at an exceptional value in South Mission Hills. Rare Craftsman triplex with three separate residences: a studio featuring floor-to-ceiling windows with unobstructed canyon views toward Bankers Hill and downtown; a spacious 1BR/1BA; and a front 2BR/1BA with peek views of the bay, downtown, Point Loma and the airport. Original architectural details include period lighting, sconces, millwork, graceful arches, vintage bathrooms, oversized timber beams and covered porches. Thoughtfully refreshed with sensitive improvements, including period-appropriate Quieter Home Program windows. A rarity in South Mission Hills—six on-site parking spaces, including two one-car garages, plus additional storage beneath the home. Three residences offer flexibility for owner occupancy, multigenerational living or investment. Buyer to verify all uses, zoning, licensing, rental regulations and potential Mills Act eligibility. Minutes to downtown, Little Italy, Balboa Park, waterfront, dining and shopping.

Location

2805 State St

San Diego, San Diego, CA, 92103