1523 Oliver Avenue

San Diego, CA 92109

$1,900,000
Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

For sale 1523-25 Oliver Avenue, two craftsman houses with lush landscaping, expansive yards, and enclosed by a 3-foot-high natural stacked stone wall to create the perfect living environment. An excellent investment opportunity, 1523-25 Oliver offers a new investor significant immediate rental upside. Built in 1950, the property features two separate craftsman houses over an expansive 5,750 SF parcel. The front units include in-unit laundry and enjoys a long driveway (parks multiple cars) and carport...For sale 1523-25 Oliver Avenue, two craftsman houses with lush landscaping, expansive yards, and enclosed by a 3-foot-high natural stacked stone wall to create the perfect living environment. An excellent investment opportunity, 1523-25 Oliver offers a new investor significant immediate rental upside. Built in 1950, the property features two separate craftsman houses over an expansive 5,750 SF parcel. The front units include in-unit laundry and enjoys a long driveway (parks multiple cars) and carport for the tenants convenience. The back house has a private yard and garage with access from the ally.
  1. Listed by Philip Buckley • DRE #01209801 • Brokerage DRE #00950210 • CBRE

Property Details for 1523 Oliver Avenue

Cross Streets
Ingraham
Area
Pacific Beach (PAB)
Lot Size Area
5750
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
423-283-05-00
LISTING UPDATED: 01/28/2025 11:41 AM

Property Details for 1523 Oliver Avenue

StatusActive
MLS #240027152SD
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.13 AC / 5,750 SF
CountySan Diego County

Building Information for 1523 Oliver Avenue

Stories1Residences-Year Built1950Building Size-Lot Size0.13 AC / 5,750 SF

Property Information for 1523 Oliver Avenue

Community / Development
Community / Development
  • Complex Name: Duplex
  • Number Of Units: 2
  • Builders Tract Name: Crown Point
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $29,399.00
  • Gross Scheduled Income: $61,800
  • Cap Rate: 1.60%
  • Gross Rent Multiplier: $30.00
  • Other Income1: $.00
  • Total Annual Expense: 32401
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Description: Sidewalks, Street Paved, West of I-5
  • Lot Location: Alley Access
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Full
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Cable TV, Electricity, Gas/Propane
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,400.00
  • Unit Actual Rent: $2,400.00
  • Unit Projected Rent: $3,795.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Rent: $2,750.00
  • Unit Actual Rent: $2,750.00
  • Unit Projected Rent: $3,895.00
  • Like Units: 1

Property History for 1523 Oliver Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1523 Oliver 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
Public - K to 6
Rating
School
Distance
Crown Point Jr Music Academy
PublicK to 5

Pacific Beach Middle School
Public6 to 8

Mission Bay High School
Public9 to 12

Barnard Elementary School
PublicK to 6

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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1523 Oliver Avenue is a multi-family home for sale in San Diego, CA 92109. This property was listed for sale on November 8, 2024 by CBRE, it's currently listed at $1,900,000. This listing's school district is San Diego Unified School District. Nearby schools include Crown Point Jr Music Academy, Pacific Beach Middle School and Mission Bay High School. 1523 Oliver Avenue is a 5-bed, 2-bath, multi-family home built in 1950.

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 CBRE, Philip Buckley, DRE #01209801

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