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939-41 Loring Street San Diego, CA 92109
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Key Details
Sold Price $2,650,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,449 sqft
Price per Sqft $1,828
Subdivision Pacific Beach
MLS Listing ID 240007710
Sold Date 07/16/24
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1942
Property Description
Located in quiet North PB, a rare triplex gem awaits just steps away from Law Street and Tourmaline beaches. This property, making only its second appearance on the market in over 80 years, offers a unique investment opportunity. The main house is a charming, updated two-story 3-bedroom, 2-bathroom bungalow, complemented by a private front yard and a brand-new Trex® deck in the front and a private fenced-in patio in the back. Two bedrooms and one bath are located downstairs, while upstairs, a spacious primary bedroom suite awaits. Inside, discover the convenience of indoor laundry and a large dine-in kitchen, featuring a new GE gas range and ample counter space for culinary delights. Tons of storage space throughout. The private fenced red-brick patio in the back invites relaxation with a gas fireplace, gas BBQ, outdoor dining area, and a 6-person spa. Parking is a breeze with a long paved driveway accommodating two vehicles. The property also features a separate duplex, each unit with 2 bedrooms and 1 bathroom. The downstairs unit boasts a semi-private patio surrounded by a tropical garden space, while the recently remodeled upstairs unit shines with new bathroom fixtures, kitchen upgrades, new flooring, dual-pane windows, and slider opening to a partially enclosed 300 sq ft Lanai. A one-car garage and an additional parking space in the alley provide convenience, with shared laundry facilities and extra storage space for the duplex tenants. The main house operates as a top-producing short-term rental with long-term tenants in the back units.DO NOT DISTURB TENANTS
Location
State CA
County San Diego
Community Pacific Beach
Area Pacific Beach (92109)
Building/Complex Name Pacific Beach
Interior
Heating Natural Gas
Cooling Wall/Window
Fireplaces Number 1
Appliance Forced Air Unit
Exterior
Exterior Feature Stucco, Wood
Garage Unit2:Attached
Garage Spaces 1.0
Fence Partial
Community Features Laundry Facilities, Other/Remarks
Complex Features Laundry Facilities, Other/Remarks
Roof Type Composition
Building
Lot Size Range 4000-7499 SF
Level or Stories Other/Remarks
Others
Acceptable Financing Cash, Conventional, Exchange, VA
Space Rent $12,000
Listing Terms Cash, Conventional, Exchange, VA
Financing Conventional
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Bought with Elliot Scher • eXp Realty of Southern California, Inc.