Property Description

Variance granted Commercial Res Income. VA 100% Financing OK! Welcome to this stunning five-unit property (3 Units + 2 ADUs) in the charming and very walkable South Park neighborhood of San Diego. This property consists of 5 Units Total: 1833 Fern is a 4 bed 3 bath Single Family home, 1835 Fern Units A & B is a top/bottom duplex identical 1 bd 1 ba’s, and 2 new construction ADUs both identical 1bd 1ba’s. This is an excellent opportunity for an owner-occupant or a savvy investor. Once stabilized, this property could bring in upwards of $14,000+ in gross rents or push that further by having a mix of short-term and long-term rentals. With South Park’s amazing location and with the combination of short-term and long-term rentals, this property could reach gross rents of upwards of $20,000+ per month. With a location that is second to none, you can walk to everything South Park offers, including amazing restaurants, fun events, a food truck park, Target Express, more shopping, bars, parks, hiking trails, the zoo, and even the airport. Strategic financing options available for owner-occupied and non-owner-occupied purchasers – VA and DSCR financing are available!

Additional Info
Compass
Leslie
Duvernay
04-12-2023 18:26:35
96
RM-2-5
.25 Acres or less
5
Click Here
4,859 Sqft
22
23
539-233-03-00
0
5
2023
639800
4270
3199000
3200
1350
1350
2300
2300
0
0
0
0
0
5900
0
5
0 Sqft
0 Sqft
79050.0

Commercial-res IncomeFor Sale Price $2,999,999 1833-37 Fern St, San Diego, California 92102 - Scottway - San Diego Real Estate

3 Bedrooms
$2,999,999
Listing ID #230014561
Basic Details
Property Type : Commercial-res Income
Listing Type : For Sale
Listing ID : 230014561
Price : $2,999,999
Bedrooms : 3
Status Category : Active
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