Residential For Sale 5 Bedrooms 10916 New Salem Court, San Diego, Cali

10916 New Salem Court, San Diego, California 92126

5 Bedrooms
4 Bathrooms
2,599 Sqft
Active
$1,700,000
Listing ID #PV22172675
Property Description

INVESTMENT OPPORTUNITY! 2 HOUSES with 2 separate and private entries, 2 separate and private back yards, 2 separate addresses and separate utilities. Situated in a quiet cul-de-sac neighborhood. First house has 1,445 sqft and worth $1,000,000 Second house has 1,200 sqft and worth $850,000. To be sold together at a discounted price of $1,700,000 First house is tastefully remodeled and has a nice size of backyard with exotic fruit trees and new studio. The Second house is newly built. It has a modern interior, fantastic view from the second floor and is rented for $3,100 a month. Owner financing is available with 50% down. If you live in one house and rent the other one your house payments will be about $3,500. If you rent out both houses you will have around $90,000 annual income. That’s a Cap rate of 5% . Plus real estate property appreciation of average 6% a year. In 10 years it will amount to 1.3M. This is very good INVESTMENT OPPORTUNITY. DON’T MISS IT.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : PV22172675
Price : $1,700,000
Price Per SQFT : $654
Bedrooms : 5
Bathrooms : 4
Baths Full : 3
Half Bathrooms : 1
Square Footage : 2,599 Sqft
Year Built : 1972
Lot Area : 0.16 Sqft
Status Category : Active
 
Features
: N/k
: Central Forced Air
: Neighborhood
: N/k
: Inside
1
Address Map
California
SD
San Diego
MIRA MESA
MIRA MESA (92126)
92126
New Salem Court
10916
W118° 50' 47.9''
N32° 54' 59.9''
Additional Info
HOMEVANA
1
Alexander
Good
San Diego Unified School District
San Diego Unified School District
San Diego Unified School District
Public Sewer
1
: Public
09-08-2022 20:14:20
4
RS-1-14
4,000-7,499 SF
5
1
: Unknown
6,900 Sqft
3111721000
0
0
0
Master Retreat,Kitchen,Living Room,Master Bathroom
0 Sqft
0 Sqft
Contact Agent
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