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4531 - 4533 Oregon Street University Heights (San Diego, California, US - 92116) Built

$1,499,000
NEW LISTING! FULLY RENOVATED 4 UNIT PROPERTY!

PMZ REAL ESTATE

Jim & Jo Cates The Cates Team!! Jim & Jo Cates The Cates Team!! 209 606-0692 (Office) 510 793-5191 (Office) 209 968-5660 (Cell) 209 845-3927 (Fax) Request More Info

  • PROFESSIONAL PHOTOS COMING SOON!
  • Type: Residential
  • Style: Single Story
  • Bedrooms: 5
  • Bathrooms: 5
  • Garage: Double, Attached
  • Size: 2,423 sq. ft.
  • Development Level: Built
  • Lot Size: 5246 sq. ft.
  • Year Built: 1928
  • MLS #: 190001274

Description

NEW LISTING! GREAT OWNER OCCUPIED OR INVESTMENT PROPERTY BY CHRISTOPHER HUTCHINSON, LISTING AGENT WITH VANHUTCHHOMES & ASSOCIATES!


Fully Renovated 4-Unit University Heights Investment Property That Offers 2 large Garages & a detached Office / Casita!


PROPERTY ADDRESS:
4531 – 4533 1/2 Oregon Street, San Diego, CA 92116


AVAILABLE FOR ONLY:
$1,499,000


MLS #:
190001274


PROPERTY DESCRIPTION:
Resting on a spacious 5,246 square foot street-to-alley lot in desirable University Heights, this fully renovated 4 unit, with a detached office / casita, features:

- ONE: 2 bedroom, 2 bathroom single family detached home: (Approximately 1,000 square feet)

- THREE: 1 bedroom, 1 bathroom units: (Each unit a approximately 500 square feet)

- TWO: Large garages off the alley, with new insulated garage doors & new touch keypads (Projected Rent: $100 Per Month - Per Garage)

- ONE: Detached Office / Casita (Projected Rent: $300 Per Month)

- ONE: Water Meter for all units

- FOUR: Separate Gas and Electric Meters for each unit

Listed below is a detailed breakdown of what each unit offers:


4531 OREGON STREET (FRONT HOUSE / UNIT #1):

BEDROOMS:
- 2 bedrooms

BATHROOMS:
- 2 Bathrooms

MONTHLY RENT:
- Current Monthly Rent: $3,250
- Projected Rent: $3,250

UTILITIES:
- Tenant Pays Gas, Electric & Cable

GARAGE:
- Unit not rented with a Garage / includes use of 2, side-by-side parking spaces, in front of home

YARD:
- Front House has its own private Front & Backyard

FEATURES:
- New Drywall, new Dual Pane, Low-E "WOOD" JELD-WEN Windows, new engineered Floors, new Recessed Lighting, newly insulated Walls & Ceilings, new Interior & Exterior Doors and Copper / ABS Plumbing throughout, new Kitchen with Granite Countertops & Stainless Steel Appliances, new Tankless Hot Water Heater, new HVAC System and stackable Washer & Dryer.

ROOF:
- 3 months old / Hot Mopped - Rolled Roof & a 50 year Spanish Tile Roof on the Front Porch

BUILDING EXTERIOR:
- Stucco Exterior, painted / repaired in 2018


4533 1/2 OREGON STREET: (UPSTAIRS UNIT / UNIT 2):

BEDROOMS:
- 1 Bedroom

BATHROOMS:
- 1 Bathroom

MONTHLY RENT:
- Monthly Rent: $1,950
- Same tenant since 2017
- Projected Rent: $1,950

UTILITIES:
- Tenant pays Gas, Electric & Cable

GARAGE:
- Unit currently not being rented with a Garage / on street parking only with this unit

YARD:
- Shared community Courtyard

FEATURES:
- New Drywall, new Dual Pane, Low-E "VINYL" JELD-WEN Windows, new engineered Floors, new Recessed Lighting, new insulated Walls & Ceilings and new Interior & Exterior Doors throughout, new Kitchen with Granite Countertops & Stainless Steel Appliances, new Tankless How Water Heater, a new window, HVAC System, new / large entertainment deck above garages & a stackable Washer & Dryer.

ROOF:
- 2 years old / hot mopped / rolled roof


BUILDING EXTERIOR:
- Refinished Stucco, recently painted in 2016


4533 OREGON STREET (BOTTOM UNIT / UNIT 3):

BEDROOMS:
- 1 Bedroom

BATHROOMS:
- 1 Bathroom

MONTHLY RENT:
- Monthly Rent: $1,695
- Same tenant since 2017
- Projected Rent: $1,950

UTILITIES:
- Tenant pays Gas, Electric & Cable

GARAGE:
- Unit currently not being rented with a Garage / on street parking only with this unit

YARD:
- Shared community Courtyard

FEATURES:
- New Drywall, new Dual Pane, Low-E "VINYL" JELD-WEN Windows, new engineered Floors, new Recessed Lighting, new insulated Walls & Ceilings and new Interior & Exterior Doors throughout, new Kitchen with Granite Countertops & Stainless Steel Appliances, new Tankless How Water Heater, a new window, HVAC System, new / large entertainment deck above garages & a stackable Washer & Dryer.

ROOF:
- 2 years old / hot mopped / rolled roof

BUILDING EXTERIOR:
- Refinished Stucco, recently painted in 2016


4531 1/2 OREGON STREET (DOWNSTAIRS UNIT IN THE BACK):

BEDROOMS:
- 1 Bedroom

BATHROOMS:
- 1 Bathroom

MONTHLY RENT:
- Monthly Rent: $1,200
- Below market - Same tenant since 2017
- Projected Rent: $1,750

UTILITIES:
- Tenant pays Gas, Electric & Cable

GARAGE:
- Unit currently not being rented with a Garage / on street parking only with this unit

YARD:
- Shared community Courtyard

FEATURES:
- New Drywall, new Dual Pane, Low-E "VINYL" JELD-WEN Windows, new engineered Floors, new Recessed Lighting, new insulated Walls & Ceilings and new Interior & Exterior Doors throughout, new Kitchen with Granite Countertops & Stainless Steel Appliances, new Tankless How Water Heater, a new window, HVAC System, new / large entertainment deck above garages & a stackable Washer & Dryer.

ROOF:
- 2 years old / hot mopped / rolled roof


BUILDING EXTERIOR:
- Refinished Stucco, recently painted in 2016


DETACHED OFFICE / STUDIO UNIT IN BACK YARD:

SQUARE FOOTAGE:
100 Square Feet

MONTHLY RENT:
- Monthly Rent: $300

UTILITIES:
- Tenant pays Electric & Cable


FEATURES:
- New Drywall, new Dual Pane, Low-E "VINYL" JELD-WEN Windows, industrial Concrete Floors, newly insulated Walls & Ceilings and new single light Exterior Door.

ROOF:
- New 50 Year, Spanish Tile Roof


BUILDING EXTERIOR:
- Newly Stuccoed & painted in 2019


WANT MORE INFO ABOUT THIS FULLY RENOVATED INVESTMENT PROPERTY?
Call Christopher Hutchinson, LISTING AGENT & SAN DIEGO SPECIALIST, with VanHutchHomes & Associates, Brokered By Big Block Realty, at 619-987-4478 Today!

Attachments

Brokered and Advertised by : VanHutchHomes & Associates, Brokered By Big Block Realty
Listing Agent: 619-987-4478
P2#301107230
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Information is deemed to be correct but not guaranteed.