Property Details
About this Property
The property located at 3289-3291 Ibis Street consists of 2 units located in San Diego, California. Following the completion of renovations, a 25-30% upside in rental income is projected. This property is located in the desirable Middletown/South Mission Hills neighborhood, in close proximity to Old Town, Bankers Hill, Balboa Park, Little Italy, and Downtown. Constructed in 1957, the property features two 1-bedroom/1-bathroom units, each approximately 480 SF (960 total SF) on a 3,487 SF lot. Additional amenities include a private backyard, epoxy coated concrete walkways, drought-resistant landscaping, laminate flooring, a recently upgraded pitched roof, and vinyl fencing. Furthermore, there is a value-add opportunity through the implementation of RUBS, enabling tenants to contribute to a portion of the utility expenses. The City of San Diego is recognized as one of the most robust rental markets in the county, with consistently high demand for apartment rentals. Historic occupancy rates in this sub-market are
MLS Listing Information
MLS #
SD240023719
MLS Source
San Diego MLS
Interior Features
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Gas - Natural, Wall Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Zoning
RS-1-7
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 480 | 1 | 1/0 | $2,250 |
| 2 | 480 | 1 | 1/0 | $1,550 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
3289-3291 Ibis St. is a Duplex in San Diego, CA 92103. This – square foot property sits on a 3,487 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $812,000 and was built in 1957. This address can also be written as 3289-3291 Ibis St., San Diego, CA 92103.
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This listing information is up-to-date as of November 20, 2024. For the most current information, please contact Matt Robinson, (858) 361-3159
