View Virtual Tour
View 2860-2862 State St On the Map
Explore 2860-2862 State St
Just Listed!
$2,184,000
Est. $12,327/mo

2860-2862 State St, San Diego, CA 92103

Save
Map
MULTI-FAMILY HOME In Uptown
-- Bed0 Bath0 Sqft
J
Listed by Jim Tyner

What sets this property apart is the Business Opportunity that comes with the sale a fully compliant short-term vacation rental business with a solid track record of profitability. Gross revenue for both units exceed traditional rental units by nearly 3 times. YOY Gross revenue was up over 30% in 2018 and is on track to be up again in 2019!! The one-of-a-kind property was recently featured on the Travel Channels Top Vacation Rental Destinations in San Diego. It can be rented as an individual 2bd and a 3bd, or as a combined 5bd luxury villa. The property also comes with a nearly approved set of plans to construct an additional 1633 square foot 3rd story, consisting of 3 beds, 2 baths, and a 326 sq ft panoramic deck with Jacuzzi. New unit should generate and additional $80k in revenue. Only selling because owners need some cash. The current Property Management company is so confident in its turnkey system, it has agreed to offer a 1 YEAR GROSS REVENUE GUARANTEE to new owners beginning at close of escrow. Absolutely unheard of!

See Less
Home Details
Virtual Tour
  • Days on Homes.com: 2
  • Beds: --
  • Baths: --
  • Property type: Multi Family
  • Exterior finish: STUCCO,STUCCO
  • Year built: 1979
  • Lot size: 0.13
  • Fireplace: no
  • Neighborhood: Middletown
  • Cooling: Central Forced Air, Zoned Area(s)
  • Water Heater: Gas
  • Telecommunications: Cable (Coaxial), Computer (Cat5), Other Remarks
  • Garage Parking: Attached
  • Roof: Tile Clay
  • View: Bay, City, Evening Lights, Ocean, Panoramic, Panoramic Ocean
  • Exterior: Stucco
  • Fencing: Full
  • Acreage Range: 000 7, 4, 499 Sf
  • Frontage: Bay, Ocean Bluff
  • Irrigation: N/k
  • Topography: Slope Gentle
  • Pool: N/k
  • Spa Heat: Electric
  • Spa: Private Portable
  • Parking: Guest Parking
  • Rv Parking: Garage, On Site Parking
  • Heated Pool: None Known
  • Heating: Forced Air Unit
  • Heating Source: Electric, Natural Gas
  • Sewer: Sewer Connected
  • Security: Other Remarks
  • Community: Mission Hills
  • Complex Features: Spa/hot Tub
  • Water: Meter On Property
  • Contingency: None Known
  • Sale Rent: For Sale
  • Terms: Cash, Conventional
  • Hoa Fee Includes: N/k
  • Other Assoc Fees: N/k
  • Special Conditions: N/k
  • Tenant Pays: N/k
  • Additional Property Use: Res/business Use Ok
See Less
MLS Number190038177
Listed07/11/2019
Listing SourceSan Diego MLS
Last Updated07/12/2019
Offered ByHome Solutions Group
MLS Icon
Pricing Info

$12,328

Estimated
Monthly
Mortgage
Principal & Interest$9,379.35
Insurance$764.40
Taxes$2,184
PMI$0
i
Down Payment: Amount you plan to pay up-front on the purchase price of the property. A 20% down payment is the desired amount by most lenders, but you may pay less.
or%
i
Interest Rate: The percentage rate a lender is charging on the amount of money you have borrowed for your home purchase.
%
years
i
Property Tax: The annual tax you pay on your property as a percentage of the total property value. This value defaults to a national average of 1.2% of the home price.
%
i
Homeowner Insurance: How much do you anticipate spending a month on homeowners insurance?
/month
i
Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
i
If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI). Learn More.
Get Prequalified
Compare Similar Homes
Currently Viewing This Home
$2,184,000
$NaN/Sqft
-- Bedrooms
-- Bathrooms
-- Sqft
0.00 Acre(s)
Built 1979
$2,499,900
$575/Sqft
5 Bedrooms
4 Bathrooms
4341 Sqft
0.18 Acre(s)
Built 1930
$2,395,000
Price Per Sq. Ft not available
Bedrooms not available
Bathrooms not available
Sq. Ft not available
0.23 Acre(s)
Built 1920
$2,150,000
$637/Sqft
2 Bedrooms
4 Bathrooms
3374 Sqft
Lot Size not available
Built 2005
Continue Your Search
How To Finance

As a homebuyer, there are quite a few financing options to consider. Our interactive guide can help find which is right for you, and guide you through the paperwork.

Get Started
Request Info
width="24" height="24" viewBox="0 0 24 24" version="1.2" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" overflow="visible" preserveAspectRatio="none" >