3023-3027 Olive Street

San Diego, CA 92104

$1,215,000
Last Sold Price
3
Beds
1,778 Sq. Ft.
$683 / Sq. Ft.
1,778
Sq. Ft.
$683
per Sq. Ft.

Description

Perched above Switzer Canyon in North Park sits a charming duplex, comprised of 2 vintage homes with separate yards, garages and laundry. This versatile property will appeal to a buyer seeking a primary residence with rental-income, a multi-generational compound, or a pure investment property in a sought-after neighborhood. #3027 (front) consists of ~1122 sqft, 2 bed, 1 ba, living room with rebuilt fireplace and wall of built-ins, separate dining room with built-in buffet and cabinets, spacious kitchen,...Perched above Switzer Canyon in North Park sits a charming duplex, comprised of 2 vintage homes with separate yards, garages and laundry. This versatile property will appeal to a buyer seeking a primary residence with rental-income, a multi-generational compound, or a pure investment property in a sought-after neighborhood. #3027 (front) consists of ~1122 sqft, 2 bed, 1 ba, living room with rebuilt fireplace and wall of built-ins, separate dining room with built-in buffet and cabinets, spacious kitchen, breakfast nook and access to private yard. This home as its own 1 car garage with laundry hookups. #3023 is ~656 sqft, 1 bed plus office, 1 ba overlooking the canyon. Original wood floors, vintage tile/fixtures in kitchen and bathroom, dual-paned windows, private patio, 1-car garage with laundry hookups and additional storage room. The owner of nearly 40 years has been an excellent steward of this property-now ready for a new owner to carry forward the tradition. Current zoning may allow for the addition of an ADU.

Listing Agent

  1. Noel Wheeler

    Noel Wheeler

    Listing Agent

    Compass

    DRE #01373389

    noel.wheeler@compass.com

    P: (619)-890-2877

Property Details for 3023-3027 Olive Street

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
1778
Assessor Parcel Number
453-652-06-00
Property Attached YN
false
LISTING UPDATED: 10/29/2021 06:05 AM

Property Details for 3023-3027 Olive Street

StatusClosed
MLS #NDP2110752
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.16 AC / 6,877 SF
CountySan Diego County
Buyer's Agent Compensation2.5%

Virtual Tour

Building Information for 3023-3027 Olive Street

Stories1Residences-Year Built1928Building Size-Lot Size0.16 AC / 6,877 SF

Property Information for 3023-3027 Olive Street

Rental Info
Rental Info
  • Tenant Pays: Grounds Care
Income / Expense / Tax Details
Income Details
  • Gross Income: $38,700
  • Gross Scheduled Income: $51,800
  • Net Operating Income: $41,307
  • Cap Rate: 3.4
Expense Details
  • Operating Expense: $10,493
  • New Taxes Expense: $14,400
  • Insurance Expense: $1,444
  • Trash Expense: $0
  • Total Expenses: $15,844
Tax / Assessment Info
  • Tax Tract Number: 000992
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 1/18,19
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights, Urban, Biking, Hiking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage, Washer Hookup, Gas Dryer Hookup
Exterior Features
  • Window Features: Double Pane Windows, Screens
  • Roof: Composition
  • Other Structures: Storage
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Corner Lot, Cul-De-Sac, Lot 6500-9999, Near Public Transit
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned, Garage - 1 Car, On street
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage - Single Door, Street
Unit Information
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 0
  • Number With Range: 2
  • Number With Refrigerator: 0
  • Number With Disposal: 0
  • Number With Patio: 2
  • Number Wall AC: 1

Property History for 3023-3027 Olive Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3023-3027 Olive Street

Taxable ValueLand$68,648Additions$87,436Total$156,084
Tax Record2020$1,989 ($166 / month)
Home Facts
Lot Size6,351 SqFtStyleDuplexZoningR2CountySAN DIEGOAPN4536520600

Schools near 3023-3027 Olive Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 1 to 12
Charter - K to 5
Rating
School
Distance
McKinley Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

Alba School
Public1 to 12

Mcgill School Of Success
CharterK to 5

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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Similar Sold Homes

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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 Compass, Noel Wheeler, DRE #01373389

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