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Pending
  • $3,100,000

    1268-74 Locust St, San Diego, CA 92106

    8beds
    4,220sqft
    : 
    Res Income 2-4 Units
    Built in 1992
    -- sqft lot
    $-- Zestimate®
    $735/sqft
    $-- HOA

    What's special

    Cozy gas fireplacePrivate balconyBrick bbqPrimary en suiteCorner lotIndoor washer and dryerWet bar
    A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property’s driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego’s highly desirable locales. Don’t let it pass you by!A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property’s driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego’s highly desirable locales. Don’t let it pass you by!
    533 days
    on Zillow
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    53
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    0
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    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2025 at 02:23pm

    Listed by:

    Karine R Izidoro 01941146 4,

    Keller Williams San Diego Metro

    Source: SDMLS,MLS#: 230022316MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Fireplace(s), Forced Air, Natural Gas
    Appliances
    • Included: Gas Water Heater, Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
    • Laundry: Unit 1 Laundry Hookup, Unit 2 Laundry Hookup, Unit 3 Laundry Hookup, Unit 4 Laundry Hookup
    Features
    • Cable (coaxial)
    • Has fireplace: Yes
    Interior area
    • Total structure area: 4,220
    • Total interior livable area: 4,220 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage(Gated, Underground), Non-Garage(Tandem)
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: # of Units w/Patios: 4
    • Fencing: Partial
    Lot
    • Size: 5,327 Square Feet
    • Features: Corner Lot, West of I-5
    • Topography: Level
    Details
    • Parcel number: 5313140700
    • Zoning: R-4
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Res Income 2-4 Units
    Materials
    • Wood/Stucco
    • Roof: Tile
    Condition
    • Year built: 1992

    Utilities & green energy

    • Water: Meter on Property, Other/Remarks
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: BBQ
    • Subdivision: Roseville
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $735/sqft
    • Tax assessed value: $1,118,558
    • Annual tax amount: $13,784
    • Date on market: 11/13/2023
    • Listing agreement: Exclusive Right (R)
    • Listing terms: Cash,Conventional,1031 Exchange
    • Total actual rent: 10776
    • Tenant pays: Sewer, Water, Cable TV, Electricity, Hot Water
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