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2965 Columbia Street, San Diego, CA 92103
$1,786,300
2965 Columbia Street, San Diego, CA 92103View this property at 2965 Columbia Street, San Diego, CA 92103
2965 Columbia StreetSan DiegoCA92103
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Property Description
Charming, 1936-built triplex in coveted Mission Hills. Almost 8,000 SF corner parcel. All units enjoy Bay views. Gross bld. SF = 3,774. Mix consists of (2) 2bed/1bath avg. 1,266 SF each, rear 1bed/1bath @ 620 SF, (3) rear 1-car storage garages totaling 560 SF, and a 63 SF common laundry room. One of the most affordable properties in this submarket on a price/SF basis @ $490/SF. Common inner courtyard and deck area. Upper 2bed features 130 SF west-facing balcony. New kitchen for lower 2bed completed 2021. Well-maintained units ready for further upgrades. All tenants month-month. Roughly 40% rent upside. Possibility of adding additional income from laundry or storage. Zoned RM-2-5, which allows for a base density by right of 1 unit per 1,500 SF of land, and therefore 5 units can be built by right under existing zoning, notwithstanding any additional ADUs or outright redevelopment. Property also benefits from Complete Communities (Tier 3 - 6.5x FAR), Transit Priority Area, and Transit Area Overlay zones, all of which lend significant density bonus potential and reduced parking requirements in this prized, coastal location. This presents fantastic opportunities for investors and developers to explore multiple development options, converting the garages to an ADU, adding units, or redeveloping the parcel altogether. Don't miss this amazing opportunity to acquire a value-add coastal asset in one of San Diego's most desirable residential submarkets.
Full Property Details
Full Property Details for 2965 Columbia St
General
- Sold For: $1,786,300
- Status: Closed
- Type: Multi-Family
- MLS ID: PTP2306144
- Added to Site: 165 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area, Dryer Included, Individual Room, Washer Included
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 3
Location
- Area: 92103 - Mission Hills
- County: San Diego
- Development Name: 92103 - Mission Hills
- Driving Directions: Your favorite maps app
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Entry Location: Front door
- Square Feet: 3,774
- Year Built: 1936
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1806
- Lot Size Source: Public Records
- Zoning: RM-2-5 Complete communities (Tier 3 ...
- Lot Description: Back Yard, Corner Lot, Sloped Down, Front Yard, Garden, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Near Public Transit, Park Nearby, Steep Slope, Tear-Down, Utilities - Overhead, Value In Land, Yard
Financial Considerations
- Price Per Sq. Ft.: $473.32
- Price Per Unit: 616667
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Top Gun CRE, Max Delbecq
Sold by Triple Advantage Real Estate, Peter Oriol
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Schools
Schools serving 2965 Columbia St
School District:San Diego Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1789 State St, San Diego, CA 92101 | K-5 | 0.9 mi | |
1425 Washington Pl, San Diego, CA 92103 | K-8 | 1 mi | |
3914 1st Ave, San Diego, CA 92103 | K-5 | 1.1 mi | |
3366 Park Blvd, San Diego, CA 92103 | 6-8 | 1.4 mi | |
4302 Valeta St, San Diego, CA 92107 | 7-8 | 3.6 mi | |
San Diego High School
1405 Park Blvd, San Diego, CA 92101 | 9-12 | 1.5 mi | |
2335 Chatsworth Blvd, San Diego, CA 92106 | 9-12 | 3.1 mi | |
1775 Chatsworth Blvd, San Diego, CA 92107 | 5-6 | 3.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2965 Columbia St
Date
Details
Price
Change
Source
2/01/2024
Sold
$1,786,300
-3.44%
MLS
12/21/2023
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2965 Columbia Street, San Diego, CA 92103 (MLS# PTP2306144) is a Multi-Family property that was sold at $1,786,300 on February 01, 2024. Want to learn more about 2965 Columbia Street? Do you have questions about finding other Multi-Family real estate for sale in Mission Beach? You can browse all Mission Beach real estate or contact a Coldwell Banker agent to request more information.