$2,999,999

1833 37 Fern St, San Diego 92102

7

Beds

6

Baths

4,859

Lot Size

5

# Of Units

Listing Agent
Leslie Duvernay - Compass

VA 100% Financing OK! Welcome to this stunning five-unit property (3 Units + 2 ADUs) in the charming and very walkable South Park neighborhood of San Diego. This property consists of 5 Units Total: 1833 Fern is a 4 bed 3 bath Single Family home, 1835 Fern Units A & B is a top/bottom duplex identical 1 bd 1 ba's, and 2 new construction ADUs both identical 1bd 1ba's. This is an excellent opportunity for an owner-occupant or a savvy investor. Once stabilized, this property could bring in upwards of $14,000+ in gross rents or push that further by having a mix of short-term and long-term rentals. With South Park's amazing location and with the combination of short-term and long-term rentals, this property could reach gross rents of upwards of $20,000+ per month. With a location that is second to none, you can walk to everything South Park offers, including amazing restaurants, fun events, a food truck park, Target Express, more shopping, bars, parks, hiking trails, the zoo, and even the airport. Strategic financing options available for owner-occupied and non-owner-occupied purchasers - VA and DSCR financing are available! 1833 Fern St: SFR with 4 Bedrooms + 3 Bathrooms, 1640 SF, 2 side-by-side uncovered parking spaces, Central AC/Heat - 1835 Fern St. Unit A: 1st floor, 1 bedroom + 1 bathroom, 750 SF + 1 off-street uncovered parking - 1835 Fern St. Unit B: 2nd floor, 1 bedroom + 1 bathroom, 750 SF, + 2 tandem style off-street uncovered parking spaces - The new construction ADUs, side by side 2 story "row home style" 1 bedroom + 1 bathroom, AC/Heat, 565 SF, no parking spaces, 1 unit enters alley side, 1 unit enters on the Fern St. Side.

Facts & Features

MLS® # 230014564SD
Price $2,999,999
Bedrooms 7
Bathrooms 6.00
Lot Size 4,859
Year Built 2023
Type Residential Income
Status Active
# Of Units 5

Community Information

Address 1833 37 Fern St
Area 92102 - San Diego
City San Diego
County San Diego
Zip Code 92102

Amenities

Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Electric Water Heater, Gas Water Heater, Tankless Water Heater
Heating Combination, Electric, Forced Air, Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Has Basement No
Fireplace No
# of Stories 2
Stories Two

Exterior

Roof Composition

Additional Information

Date Listed July 27th, 2023
Days on Market 305
Zoning RM 3-5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentLeslie Duvernay
OfficeCompass

Listing Map

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