30349 Highway 78, Santa Ysabel, CA 92070
-
Sold Price :
$630,000
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Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1954
Property Description
Discover a rare gem in historic downtown Santa Ysabel! This stunning 2-unit building is perfect for generational family living or as a lucrative investment. Located within walking distance to Julian Pie Company, Dudley's Bakery, Don's Market, and the Santa Ysabel Nature Center, this property combines modern comfort with historic charm. Each unit features 2 bedrooms and 1 bathroom, with new carpet, fresh paint, and stylish light fixtures. Enjoy year-round comfort with new mini split air units and the convenience of washer-dryer hookups. The lower unit boasts a large deck and private yard, perfect for relaxation. Upgrades include a new septic system, complete repairs, new fencing around the lot, a custom front gate, and RV parking with electrical hookups. All essential appliances, including a stackable washer and dryer in the upstairs unit, are included. The fully gated property offers ample parking and enhanced security. Financially, this property is a sound investment with a purchase price of $640,000, a fair market rent of $4,100/month, a cap rate of 5.4%, and a gross rent multiplier (GRM) of 12.56. Back on the market due to the previous buyer's failure to secure a mortgage, this is a unique opportunity to own a piece of Santa Ysabel. Don’t miss out—contact us today to make this dream property yours!
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
30349 Highway 78 |
| City |
Santa Ysabel |
| State |
CA |
| Zip |
92070 |
| County |
San Diego |
| Listing Agent |
Henry Ota DRE #02232755 |
| Courtesy Of |
Engel & Volkers |
| Close Price |
$630,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
7,500 |
| Year Built |
1954 |
Listing information courtesy of: Henry Ota, Engel & Volkers. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 29th, 2024 at 11:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
