825 51st Street

San Diego, CA 92114

$1,080,000
Price
Beds
1,289 Sq. Ft.
$838 / Sq. Ft.
1,289
Sq. Ft.
$838
per Sq. Ft.

Description

Amazing development opportunity. “Shovel Ready” Permitted plans in hand to add 6 ADU’s, each with their own 2-car garage, to this 13,700 sqft. lot. Each ADU is a 3 bedroom with 2.5 bathrooms. The existing home is a 4 bedroom, 2 bathroom and was renovated in 2023. Great rental potential and ready to build.Amazing development opportunity. “Shovel Ready” Permitted plans in hand to add 6 ADU’s, each with their own 2-car garage, to this 13,700 sqft. lot. Each ADU is a 3 bedroom with 2.5 bathrooms. The existing home is a 4 bedroom, 2 bathroom and was renovated in 2023. Great rental potential and ready to build.
  1. Listed by Janna McGee • DRE #01994679 • Brokerage DRE #01885775 • Big Block Realty • janna@jannamcgee.com

Property Details for 825 51st Street

Parking Spaces Total
4
Private Pool
No
Total Units
1.0
Building Type
Detached
Lot Size Source
Public Records
Lot Size Dimensions
13,700 sqft
Living Area
1289
Assessor Parcel Number
542-582-39-00
LISTING UPDATED: 12/14/2024 09:32 PM

Property Details for 825 51st Street

StatusPending
MLS #NDP2409900
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1973
Lot Size0.31 AC / 13,700 SF
CountySan Diego County

Building Information for 825 51st Street

Stories1Residences-Year Built1973Building Size-Lot Size0.31 AC / 13,700 SF

Property Information for 825 51st Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $48,000
  • Gross Scheduled Income: $281,184
  • Net Operating Income: $193,569
  • Cap Rate: 5.53
Expense Details
  • Operating Expense: $13,856
  • New Taxes Expense: $42,700
  • Insurance Expense: $5,600
  • Trash Expense: $4,200
  • Total Expenses: $73,556
Tax / Assessment Info
  • Tax Tract Number: 8-001
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 8-001
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
Exterior Features
  • Entry Location: 1
  • Fence: No
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 2
  • Parking: No
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 825 51st 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 825 51st Street

Taxable ValueLand$300,771Additions$365,229Total$666,000
Tax Record2024$8,214 ($684 / month)
Home Facts
Beds4Total Finished SqFt1,289 SqFtAbove Grade Finished SqFt1,289 SqFtLot Size13,700 SqFtStyleSingle Family ResidenceYear Built1973ZoningR-2:MINOR MULCountySAN DIEGOAPN542-582-39-00

Schools near 825 51st Street

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 - 5 to 8
Rating
School
Distance
Horton Elementary School
PublicK to 5

Millennial Tech Middle School
Public6 to 8

Lincoln High School
Public9 to 12

KIPP Adelante Preparatory Academy
Charter5 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.

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Listing Courtesy of Big Block Realty, Janna McGee, DRE #01994679

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