Santa Ysabel, CA 92070,30349 Highway 78
Santa Ysabel, CA 92070,30349 Highway 78
Santa Ysabel, CA 92070,30349 Highway 78
$630,000
Est. payment /mo
$640,000
1.6%
Est.Price: ?

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4 Beds
2 Baths
913 SqFt
SOLD DATE : 07/29/2024

Key Details

Sold Price $630,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 913 sqft

Price per Sqft $690

Subdivision Santa Ysabel

MLS Listing ID 240010575

Sold Date 07/29/24

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1954

Lot Size 7,500 Sqft

Property Description

Discover a rare gem in historic downtown Santa Ysabel! This stunning 2-unit building is perfect for generational family living or as a lucrative investment. Located within walking distance to Julian Pie Company, Dudley's Bakery, Don's Market, and the Santa Ysabel Nature Center, this property combines modern comfort with historic charm. Each unit features 2 bedrooms and 1 bathroom, with new carpet, fresh paint, and stylish light fixtures. Enjoy year-round comfort with new mini split air units and the convenience of washer-dryer hookups. The lower unit boasts a large deck and private yard, perfect for relaxation. Upgrades include a new septic system, complete repairs, new fencing around the lot, a custom front gate, and RV parking with electrical hookups. All essential appliances, including a stackable washer and dryer in the upstairs unit, are included. The fully gated property offers ample parking and enhanced security. Financially, this property is a sound investment with a purchase price of $640,000, a fair market rent of $4,100/month, a cap rate of 5.4%, and a gross rent multiplier (GRM) of 12.56. Back on the market due to the previous buyer's failure to secure a mortgage, this is a unique opportunity to own a piece of Santa Ysabel. Don’t miss out—contact us today to make this dream property yours!

Location

State CA

County San Diego

Community Santa Ysabel

Area Santa Ysabel (92070)

Building/Complex Name 30349 Hwy78

Zoning R-1:SINGLE

Interior

Heating Propane

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Parking Features Unit1:N/K Unit2:N/K

Fence Full

Community Features RV/Boat Parking

Complex Features RV/Boat Parking

View Mountains/Hills

Roof Type Composition

Building

Lot Description Street Paved

Story 2

Lot Size Range 7500-10889 SF

Sewer Perc Test Completed, Septic Installed

Water Well on Property

Level or Stories 2 Story

Schools

Elementary Schools Julian Union School District

Others

Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA

Space Rent $2,050

Listing Terms Cal Vet, Cash, Conventional, FHA, VA

Financing FHA

Pets Allowed Yes

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San Diego Regional MLS (SDMLS)
Listed by Henry Ota • Engel & Volkers
Bought with Ana Maria Canepa • USAFC Realty
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“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

170 Laurel St, Diego, CA, 92101, United States

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