Greg Cummings: San Diego Real Estate Agent
SOLD! MLS: 210022519 $956,000
1 Bedroom with 2 Baths1025 ISLAND AVE 206
SAN DIEGO CA 92101MLS: 210022519
Status: SOLD
Closed On: 2021-09-14
Sold Price: $956,000
Sold Price per SqFt: $626
Square Footage: 15281 Bedroom
2 Baths
Year Built: 2006
Zip Code: 92101
Listing Remarks
Rare Residential/Commercial combo unit! Amazing opportunity to own a dual income property that is separately metered with one HOA fee. Downstairs commercial 750sf unit with street access to 10th Ave has small kitchen and 1 full bath. Lock-off condo upstairs is 1 bd/1 bath 778sf condo. Any consumer entering the commercial space would not know that there is a condo unit upstairs. 1 parking space. Ask about non-QM loan sources. Ideal for an owner/user or investor seeking dual income property. Commercial space is currently utilized as a real estate office but other optimal uses include: professional services office, other retail, nail/hair, retail food/beverage without cooking hood, etc. This Residential complex - known as Fahrenheit - is located next to Petco Park. Private equity and non-QM loan sources available. Ask about current HOA construction defect lawsuit and how this affects traditional financing which will Not approve this property until lawsuit is completed.
Address: 1025 ISLAND AVE 206 SAN DIEGO CA 92101
Listing Courtesy of SANDIEGO CITY LIFE REAL ESTATE
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Listing Details
LISTING DATE: 2021-08-07 MONTHLY HOA FEES: $621 HOME OWNER TOTAL FEES: $7,458 HOA FEE INCLUDES: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Termite, Trash Pickup, Water NEIGHBORHOOD: East Village COMPLEX: Fahrenheit UNITS IN COMPLEX: 1 FULL BATHROOMS: 2 HALF BATHROOMS: 0 GARAGE PARKING: Assigned, Gated, Underground, Garage, Garage Door Opener PARKING GARAGE SPACES: 1 PARKING SPACES TOTAL: 1 EQUIPMENT: Dishwasher, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer, Electric Oven, Freezer, Ice Maker, Gas Range, Counter Top LAUNDRY LOCATION: Closet Stacked, Laundry Room LAUNDRY UTILITIES: Electric FLOOR NO: 1 STORIES: 2 Story STORIES IN BUILDING: 7 RESIDENTIAL STYLES: All Other Attached ASSOCIATION: San Diego Association of REALTORS (SDAR) LISTING AGENT: Pete Thistle LISTING OFFICE: SanDiego City Life Real Estate
Property Location: 1025 ISLAND AVE 206 SAN DIEGO CA 92101
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Last Updated: 2024-03-28