3114 Menlo Avenue

San Diego, CA 92105

$975,000
Price
3
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime Opportunity to create cash flow while getting income from a great property. Located on a quiet street at the end of City Heights this 2 unit property offers great cash flow and amazing panoramic views. Each unit currently has assigned parking on site as well a private access. With over $60K in renovations completed in the last 12 months. Looking for more cashflow? Check out the Feasibility Study completed that shows you how to add an additional 5 units to this property using the updated code...Prime Opportunity to create cash flow while getting income from a great property. Located on a quiet street at the end of City Heights this 2 unit property offers great cash flow and amazing panoramic views. Each unit currently has assigned parking on site as well a private access. With over $60K in renovations completed in the last 12 months. Looking for more cashflow? Check out the Feasibility Study completed that shows you how to add an additional 5 units to this property using the updated code here in San Diego. Rarely do you get an opportunity for existing income, followed by more income without destroying the home that is there!
  1. Listed by Andrew T Greer • DRE #01935052 • Brokerage DRE #02022092 • Real Broker

Property Details for 3114 Menlo Avenue

Area
East San Diego (92105)
Neighborhood
Swan Canyon
Community
CITY HEIGHTS
View Description
City, Mountains/Hills, Panoramic, Valley/Canyon
City Postal ID
EAST SAN DIEGO (92105)
Cross Street(s)
Thorn

Location

Listing Courtesy of Real Broker, Andrew T Greer, DRE #01935052
Add your commute
LISTING UPDATED: 05/14/2024 03:45 PM

Property Details for 3114 Menlo Avenue

StatusActive
MLS #240009618
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.14 AC / 6,098 SF
CountySan Diego County

Location

Listing Courtesy of Real Broker, Andrew T Greer, DRE #01935052
Add your commute

Building Information for 3114 Menlo Avenue

Stories1Residences-Year Built1952Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$5,522 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$201

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3114 Menlo Avenue

Summary Information
Property and Location
  • System ID: 240009618
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Year Built: 1952
  • Street Number Numeric: 3114
  • Street Name: Menlo Ave
  • Map Coordinates: 1269J6
  • Complex Features: N/K
  • Age Restrictions: N/K
  • Market Area: Metro Uptown
HOA and Fees
  • Home Owners Fee Includes: N/K
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
  • Other Fee Type: N/K
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 2
  • Num of Units w/Cooling: 0
  • Cooling: None
  • Heat Equipment: Wall/Gravity
  • Water Heater Type: Gas
  • Heat Source: Natural Gas
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: Full, Gate
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 1
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Frontage: Canyon
  • Additional Property Use: ORMKS
  • Topography: Bluff/Canyon Rim
  • Site: Alley Access
  • Zoning: R-2:MINOR
  • Complex/Park: NA
  • Assessors Parcel Num: 476-222-13-00
Utilities
  • Water: Meter on Property
  • Sewer/Septic: Sewer Connected
  • Irrigation: N/K
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 3114
  • Parking Garage Unit 1: Attached, Tandem
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $2,500
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $2,500
  • Unit 1 Rent Actual: $2,500
Unit 2
  • Unit Num for Unit 2: Owner
  • Parking Garage Unit 2: Assigned, Gated
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Owner
  • Unit 2 Rent Actual: $0
Unit 3
  • Unit 3 Num of Total Baths: 0
Unit 4
  • Unit 4 Num of Total Baths: 0
Building Details
  • Amenities: None
  • Heating: Natural Gas

Property History for 3114 Menlo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3114 Menlo Avenue

Taxable ValueLand$62,158Additions$139,080Total$201,238
Tax Record2023$2,413 ($201 / month)
Home Facts
Beds3Total Finished SqFt1,316 SqFtAbove Grade Finished SqFt1,316 SqFtLot Size6,227 SqFtStyleSingle Family ResidenceYear Built1952ZoningR-2:MINOR MULCountySAN DIEGOAPN476-222-13-00

Schools near 3114 Menlo Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Hamilton Elementary School
PublicK to 5

Clark Middle School
Public6 to 8

Hoover High School
Public9 to 12

Holly Drive Leadership Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3114 Menlo Avenue is a multi-family home for sale in San Diego, CA 92105. This property was listed for sale on May 1, 2024 by Real Broker, it's currently listed at $975,000. It has been on the market for a total of 17 days and was last sold on June 6, 2023. This listing's school district is San Diego Unified School District. Nearby schools include Hamilton Elementary School, Clark Middle School and Hoover High School. 3114 Menlo Avenue is a 3-bed, 2-bath, multi-family home built in 1952.

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Listing Courtesy of Real Broker, Andrew T Greer, DRE #01935052

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