NOT LISTED FOR SALE

2148 Oliver Ave Unit 2148, 2146, 2144, 21 San Diego, CA 92109

Pacific Beach Neighborhood

Estimated Value: $2,360,000 - $2,588,000

7 Beds
5 Baths
2,706 Sq Ft
$927/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $2,350,000 $868 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $16,406/month

18 Days on Market

Highlights

  • Attached Guest House
  • 1 Fireplace
  • 2 Car Attached Garage
  • Crown Point Junior Music Academy Rated A-
  • Porch
  • Cooling Available

About This Home

As of July 2023

A perfect property for an investor or an owner occupant who wants to live in one of the units and have rental units with a great income. This 4 unit property is offering a single story main house with 4 bedrooms and 2 bathrooms and adjacent to it, the two story apartment building offers two studio apartments downstairs and one 1 bedroom apartment upstairs. All units have their own full kitchens and their own laundry furnished with washers and dryers. The layout of the main house in the front is open with a French door to the courtyard. The updated kitchen is open to the dining and living room. The kitchen has granite countertops and stainless steel appliances. All the bathrooms have newer cabinetry and shower/bath tiling. All three apartments were fully upgraded with new appliances, granite countertops, newer wall AC units. Each apartment also has a dedicated parking space so that the property has a total of 7 parking spaces. One space is assigned to each 3 unit in the back, 2 car garage for the main house and 2 on the driveway parking for the main house. There are street parking available too. This property has a spacious park-like front yard with low maintenance artificial turf and landscaping, a cozy and private side courtyard for the main house use and a beautiful private patio off of one of the studios in the back. The main house 2148 Oliver Ave and all units 2146, 2144, 2142 Oliver Ave are fully occupied with leases are month to month. The leases can be renewed long term if the new owner prefers the current tenants to stay. This property produces a very stable income with room for rent improvements. The property has been well maintained and in Move-in condition. A great opportunity to own a profitable investment in a great location. - The current rent for the main house 2148 Oliver is $4,300 (projected rent is $7,469), 4 bedrooms 2 baths, full kitchen and laundry room, 1418 esf. - The current rent for the one bedroom 2146 Oliver is $2,175 (projected rent is $2,350), 1 bedroom, 1 bath, full kitchen, laundry, 672 esf. - The current rent for the studio 2144 Oliver is $1,675 (projected rent is $2,060), Studio with full bath, full kitchen, laundry, 320 esf. - The current rent for the studio is 2142 Oliver is $1,450 (projected rent is $2,060), Studio with full bath, full kitchen, laundry, 296 esf. Current yearly gross income is $115,200 (projected yearly gross income $167,316) The subject property is located in the highly desirable Pacific Beach neighborhood of San Diego. The location is excellent, close to shopping, restaurants, public transportation, and schools. About a half mile to the bay and one mile to the beach make this location perfect for biking and walking around this beach community. The pedestrian-friendly location is situated between 8 blocks away from Garnet Avenue offering residents the ability to take advantage of the many walkable amenities in the surrounding neighborhood given its fantastic location. The Oliver Street Property has a Walkscore of 88 which means it is a Walker' s Paradise and most residents can complete daily errands on foot. Nearby grocery and drugstore options. Pacific Beach is known for its many restaurants, bars, coffee shops, boutiques, retailers and beach related recreational activities. Close to freeways, downtown San Diego airport and trains.

Last Agent to Sell the Property

Sissy Nasri

RE/MAX Connections License #01018537 Listed on: 06/09/2023

RE/MAX Connections

Co-Listed By

Pegah Ghamary

RE/MAX Connections License #01855473

Last Buyer's Agent

Binh Kieu

Town and Country Home Realty License #01439042

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 6,630 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • RV Potential

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,706 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Additional Homes

  • Attached Guest House
  • 672 SF Accessory Dwelling Unit
  • Number of ADU Units: 3
  • ADU is currently occupied
  • ADU built in 1958
  • ADU includes 1 Bedroom and 1 Bathroom
  • Kitchen Sink
  • Range Cooktop
  • Refrigerator
  • Stove
  • Separate access to accessory dwelling unit
  • Entrance to ADU on upper level
  • ADU includes parking

Location

  • West of 5 Freeway

Utilities

  • Cooling Available
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 424-271-16-00

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Olney
  • Neighborhood: Pacific Beach
  • Supplement: The main house 2148 Oliver Ave and all units 2146, 2144, 2142 Oliver Ave are fully occupied with leases are month to month. The leases can be renewed long term if the new owner prefers the current tenants to stay. This property produces a very stable income with room for rent improvements. The property has been well maintained and in Move-in condition. A great opportunity to own a profitable investment in a great location. - The current rent for the main house 2148 Oliver is $4,300 (projected rent is $7,469), 4 bedrooms 2 baths, full kitchen and laundry room, 1418 esf. - The current rent for the one bedroom 2146 Oliver is $2,175 (projected rent is $2,350), 1 bedroom, 1 bath, full kitchen, laundry, 672 esf. - The current rent for the studio 2144 Oliver is $1,675 (projected rent is $2,060), Studio with full bath, full kitchen, laundry, 320 esf. - The current rent for the studio is 2142 Oliver is $1,450 (projected rent is $2,060), Studio with full bath, full kitchen, laundry, 296 esf. Current yearly gross income is $115,200 (projected yearly gross income $167,316) The subject property is located in the highly desirable Pacific Beach neighborhood of San Diego. The location is excellent, close to shopping, restaurants, public transportation, and schools. About a half mile to the bay and one mile to the beach make this location perfect for biking and walking around this beach community. The pedestrian-friendly location is situated between 8 blocks away from Garnet Avenue offering residents the ability to take advantage of the many walkable amenities in the surrounding neighborhood given its fantastic location. The Oliver Street Property has a Walkscore of 88 which means it is a Walker' s Paradise and most residents can complete daily errands on foot. Nearby grocery and drugstore options. Pacific Beach is known for its many restaurants, bars, coffee shops, boutiques, retailers and beach related recreational activities. Close to freeways, downtown San Diego airport and trains.
  • LP / Sq Ft: 923.87
  • Price Per Sq Ft: 868.44
  • SP/ Sq Ft: 868.44
  • Ownership: Fee Simple
  • Year Built: 1958
  • A D U Access Type1: Separate
  • A D U Access Type2: Separate
  • A D U Access Type3: Separate
  • A D U Bath Full1: 1
  • A D U Bath Full2: 1
  • A D U Bath Full3: 1
  • A D U Building Type1: Attached
  • A D U Building Type2: Attached
  • A D U Building Type3: Attached
  • A D U Kitchen Features1: Stove, Range, Refrigerator, Sink, See Remarks
  • A D U Kitchen Features2: Stove, Range, Refrigerator, Sink, See Remarks
  • A D U Kitchen Features3: Stove, Range, Refrigerator, Sink, See Remarks
  • A D U Main Entry Floor1: Upper
  • A D U Main Entry Floor2: Ground
  • A D U Main Entry Floor3: Ground
  • A D U Meter1: Separate
  • A D U Meter2: Separate
  • A D U Meter3: Separate
  • A D U Occupied1: Yes
  • A D U Occupied2: Yes
  • A D U Occupied3: Yes
  • A D U Parking Y N1: Yes
  • A D U Parking Y N2: Yes
  • A D U Parking Y N3: Yes
  • A D U S Q F T1: 672.0
  • A D U S Q F T2: 320.0
  • A D U S Q F T3: 296.0
  • A D U Sq Ft Source1: Appraiser
  • A D U Sq Ft Source2: Appraiser
  • A D U Sq Ft Source3: Appraiser
  • A D U Type1: Standard
  • A D U Type2: Junior ADU
  • A D U Type3: Junior ADU
  • A D U Year Built1: 1958
  • A D U Year Built2: 1958
  • A D U Year Built3: 1958
  • A D U Year Built Source1: Assessor
  • A D U Year Built Source2: Assessor
  • A D U Year Built Source3: Assessor
  • A D U Yes No: Yes
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Number Of A D U Bedrooms1: 1
  • Number Of A D U Bedrooms2: 1
  • Number Of A D U Bedrooms3: 1
  • Number Of A D U Units: 3
  • Unit Number Space Number: 2148, 2146, 2144, 2142
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Bedrooms: 7
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 5
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2706
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Patio: Patio, Porch
  • Roof: Composition

Garage/Parking

  • Parking for RV: Potential Space
  • Garage Details: Attached, Garage Door Opener
  • Garage Spaces: 2
  • Non Garage Parking: Driveway, Private, Street
  • Garage Spaces: 5
  • Parking Spaces Total: 7

Utilities

  • Cooling: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: West of I-5
  • Topography: Level
  • Assessor Parcel Number: 424-271-16-00
  • Estimated Lot Sq Ft: 6630

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $2,350,000 -6.0% $868 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $2,500,000 -- $924 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230010994

San Diego MLS