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5025 Lotus St, San Diego, CA 92107
$1,790,000
5025 Lotus St, San Diego, CA 92107View this property at 5025 Lotus St, San Diego, CA 92107
5025 Lotus StSan DiegoCA92107
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Property Description
Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego. Not only create the income but still have parking available for all your units on site. Seeking even higher returns? Grab one of the 800+ Short Term Rental permits availabe and create even greater cash flow here in Coastal San Diego. Pride of ownership abounds throughout the property and getting a Tri-plex like this is a once in a blue moon opportunity! Don't miss out!
Full Property Details
Full Property Details for 5025 Lotus St
General
- Price: $1,790,000
- Status: Active
- Type: Multi-Family
- MLS ID: 240010352
- Updated: 5/16/2024
- Added to Site: 25 day(s) ago
Interior
- Number of Fireplaces: 1
Parking
- Garage Spaces: 1
Location
- Area: OCEAN BEACH (92107)
- County: San Diego
- Subdivision: Ocean Beach
- Complex: N
Heating & Cooling
- Cooling Type: Other (See Remarks)
Structural Information
- Roof: Composition
- Stories/Levels: 2
- Year Built: 1945
Unit Information
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
- Units w/Dishwashers: 1
- Units w/Patios: 1
- Units w/Washers: 2
- Units w/Dryers: 2
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
- Parking: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,007
- Zoning: R-4:MULTIP
- Fencing (Description): Full
Financial Considerations
- Tenant Expense: Cable TV, Electricity, Gas/Propane, Sewer, Water
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Real Broker
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Schools
Schools serving 5025 Lotus St
School District:San Diego Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4741 Santa Monica Ave, San Diego, CA 92107 | K-4 | 0.5 mi | |
1775 Chatsworth Blvd, San Diego, CA 92107 | 5-6 | 1.6 mi | |
4302 Valeta St, San Diego, CA 92107 | 7-8 | 0.9 mi | |
2335 Chatsworth Blvd, San Diego, CA 92106 | 9-12 | 1.5 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 5025 Lotus St
Date
Details
Price
Change
Source
5/10/2024
Listed
$1,790,000
1.7%
MLS
8/04/2020
Sold
$1,760,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5025 Lotus St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,785
3%
$1,040,400
2%
2022
$12,445
1%
$1,020,000
2%
2021
$12,360
24%
$1,000,000
24%
2020
$9,971
2%
$807,714
2%
2019
$9,794
7%
$791,878
2%
2018
$9,156
2%
$776,352
2%
2017
$8,938
2%
$761,131
2%
2016
$8,795
75%
$746,208
76%
2015
$5,025
2%
$425,020
2%
2014
$4,947
—
$416,695
—
2013
$4,940
—
$414,812
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5025 Lotus St
5025 Lotus St, San Diego, CA 92107 (MLS# 240010352) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 5025 Lotus St is currently listed for $1,790,000 and was received on May 10, 2024. Want to learn more about 5025 Lotus St? Do you have questions about finding other Multi-Family real estate for sale in Ocean Beach? You can browse all Ocean Beach real estate or contact a Coldwell Banker agent to request more information.