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215 217 Willie James Jones Ave

San Diego, CA 92102
  • $1,999,000
  • STATUS: Pending
  • ON SITE: 173 Days
  • MLS #: 240026196SD
Pending
UPDATED: 15 min ago
$1,999,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Amar Harrag of Allied Green Realty (619-573-0289)


Description

Unique Investment Opportunity! 3 4-bedroom brand new units built in 2021 with new plumbing, electrical, roofing, etc and a 2-bedroom existing unit completely remodeled fully rented with a great cap rate and the potential to increase all rents. This is an investor's dream: seller had submitted plans for 18 additional units on this lot. Plans are already in review. Buyer can cash flow while building the additional units! Schematic plans attached here. Full plans available upon request.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T20:33:38.157. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/157598930
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215 217 Willie James Jones Ave San Diego, CA 92102

  • Price: $1,999,000
  • Status: Pending
  • On Site: 173 Days
  • Updated: 15 min ago
  • MLS #: 240026196SD
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
San Diego
County:
San Diego
Area:
92102 - San Diego
Property Description
Unique Investment Opportunity! 3 4-bedroom brand new units built in 2021 with new plumbing, electrical, roofing, etc and a 2-bedroom existing unit completely remodeled fully rented with a great cap rate and the potential to increase all rents. This is an investor's dream: seller had submitted plans for 18 additional units on this lot. Plans are already in review. Buyer can cash flow while building the additional units! Schematic plans attached here. Full plans available upon request.
Exterior Features

Parking Total 0 Pool Features None Pool Private YN No Roof Composition Spa Features None Spa YN Yes View None View YN Yes

Interior Features

Appliances Electric Water Heater Cooling See Remarks Cooling YN Yes Heating ElectricForced Air Heating YN Yes

Property Features

Association Fee 0 Cap Rate 4.6 Community Features Gated Gross Scheduled Income 123720 Levels One Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashConventionalCal Vet LoanFHAVA Loan Net Operating Income 111820 Possession Close Of Escrow Security Features Gated Community Senior Community YN No Tenant Pays ElectricityGasSewer



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T20:33:38.157. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Amar Harrag of Allied Green Realty (619-573-0289)