1268-74 Locust Street

San Diego, CA 92106

$3,397,000
Price
8
Beds
8
Baths
4,220 Sq. Ft.
$805 / Sq. Ft.
4,220
Sq. Ft.
$805
per Sq. Ft.

Description

A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet...A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property’s driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego’s highly desirable locales. Don’t let it pass you by!
  1. Listed by Karine R Izidoro • DRE #01941146 • Brokerage DRE #01295699 • Keller Williams San Diego Metro

Property Details for 1268-74 Locust Street

Area
Point Loma (92106)
Neighborhood
Roseville
Community
POINT LOMA
City Postal ID
POINT LOMA (92106)
Cross Street(s)
Dickens Street
LISTING UPDATED: 11/24/2024 03:37 PM

Property Details for 1268-74 Locust Street

StatusActive
MLS #230022316
Days on Market346
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1992
Lot Size0.12 AC / 5,227 SF
CountySan Diego County

Building Information for 1268-74 Locust Street

Stories2Residences-Year Built1992Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 1268-74 Locust Street

Summary Information
Property and Location
  • System ID: 230022316
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 1992
  • Street Number Numeric: 1268
  • Street Name: Locust St
  • Complex Features: BBQ
  • Age Restrictions: N/K
  • Market Area: Coastal South
  • Directions To Property: Please use Apple or Google Maps.
  • Elementary School: San Diego Unified School District
  • Middle School: San Diego Unified School District
  • High School: San Diego Unified School District
  • Telecommunications: Cable (coaxial), Satellite Dish
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Supplement
  • Supplement: A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property’s driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego’s highly desirable locales. Don’t let it pass you by!
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 4
  • Num of Units w/Cooling: 0
  • Cooling: None
  • Heat Equipment: Fireplace, Forced Air Unit
  • Water Heater Type: Gas
  • Heat Source: Natural Gas
Exterior Features
  • Exterior: Wood/Stucco
  • Roof: Tile/Clay
  • Fencing: Partial
  • Security: N/K
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Pets: Yes
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Topography: Level
  • Site: Corner Lot, West of I-5
  • Zoning: R-4
  • Complex/Park: N/A
  • Assessors Parcel Num: 531-314-07-00
Utilities
  • Water: Meter on Property, Other/Remarks
  • Water District: CITY OF SAN DIEGO
  • Water District URL: www.ci.san-diego.ca.us/water
  • Sewer/Septic: Sewer Connected
  • Irrigation: Sprinklers
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1268
  • Parking Garage Unit 1: Gated, Underground
  • Parking Non-Garage Unit 1: Tandem
  • Parking Spaces Tot-Unit 1: 1
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Deposit: $2,100
  • Unit 1 Estimated SqFt: 1,055
  • Unit 1 Exclusive Use Yard: No
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Vacant
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: $3,400
  • Unit 1 Rent Actual: $0
Unit 2
  • Unit Num for Unit 2: 1270
  • Parking Garage Unit 2: Gated, Underground
  • Parking Non-Garage Unit 2: Tandem
  • Parking Spaces Tot-Unit 2: 1
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 2
  • Unit 2 Deposit: $2,900
  • Unit 2 Estimated SqFt: 1,055
  • Unit 2 Exclusive Use Yard: No
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Tenant
  • Unit 2 Prkng Garage Space: 1
  • Unit 2 Projected Rent: $3,400
  • Unit 2 Rent Actual: $2,900
Unit 3
  • Unit Num for Unit 3: 1272
  • Parking Garage Unit 3: Gated, Underground
  • Parking Non-Garage Unit 3: Tandem
  • Parking Spaces Tot-Unit 3: 1
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 2
  • Unit 3 Deposit: $2,100
  • Unit 3 Estimated SqFt: 1,055
  • Unit 3 Exclusive Use Yard: No
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 3 Occupied: Tenant
  • Unit 3 Prkng Garage Space: 1
  • Unit 3 Projected Rent: $3,400
  • Unit 3 Rent Actual: $2,488
Unit 4
  • Unit Num for Unit 4: 1274
  • Parking Garage Unit 4: Gated, Underground
  • Parking Non-Garage Unit 4: Tandem
  • Parking Spaces Tot-Unit 4: 1
  • Unit 4 Num of Bedrooms: 2
  • Unit 4 Num of Total Baths: 2
  • Unit 4 Deposit: $1,500
  • Unit 4 Estimated SqFt: 1,055
  • Unit 4 Exclusive Use Yard: No
  • Unit 4 Laundry Hook Ups: Yes
  • Unit 4 Occupied: Tenant
  • Unit 4 Prkng Garage Space: 1
  • Unit 4 Projected Rent: $3,400
  • Unit 4 Rent Actual: $2,488
Building Details
  • Heating: Natural Gas, Combination, Forced Air

Property History for 1268-74 Locust Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1268-74 Locust Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Cabrillo Elementary School
PublicK to 4

Dana
Public5 to 6

Correia Middle School
Public7 to 8

Point Loma High School
Public9 to 12

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.

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1268-74 Locust Street is a multi-family home for sale in San Diego, CA 92106. This property was listed for sale on November 13, 2023 by Keller Williams San Diego Metro, it's currently listed at $3,397,000. This listing's school district is San Diego Unified School District. Nearby schools include Cabrillo Elementary School, Dana and Correia Middle School. 1268-74 Locust Street is a 8-bed, 8-bath, 4,220 sqft multi-family home built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams San Diego Metro, Karine R Izidoro, DRE #01941146

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