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2625 K St, San Diego, CA 92102
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2625 K St San Diego, CA 92102

$2,750,000
  • 8 Beds
  • 4 Baths
  • 2,904 Sq.Ft.
For Sale
$2,750,000 Get Pre-Qualified
Map preview of 2625 K St, San Diego, CA 92102

Property Overview: 2625 K St San Diego, CA has 8 bedrooms, 4 bathrooms, 2,904 living square feet and 7,070 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent investment/development opportunity in Sherman Heights. This vibrant neighborhood is experiencing the excitement of revitalization and is ideally located within blocks of downtown San Diego, Balboa Park, City College, Petco Park, San Diego Bay, Gaslamp District and the San Diego Airport. Four attached units, each consisting of 2 bedrooms 1 bath, on RARE 7,070 sf Lot offers incredible upside potential for development. The zoning is RM1-1. An investor/developer can take advantage of the new development standards in the city of San Diego to further make this property more desirable. Onsite and street parking with alley access. Steps away from cafes, boutiques, entertainment venues, restaurants and just minutes to freeways. No sign on property.

Listed by Pavleta Alexander | BRE #01371979 | Pacific Sotheby's Int'l Realty
Co-listed by Kathy Herington | BRE #01816194 | Pacific Sotheby's Int'l Realty
Last checked: 8 minutes ago | Last updated: February 15th, 2024 | Source CRMLS | DOM: 141
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Home details

Lot Sq. Ft
7,070
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
NDP2309545
City
San Diego
County
San Diego
Time on Site
163 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,735
  • Total Rent: $6,235
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,500
  • Total Rent: $6,235
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,500
  • Total Rent: $6,235
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,500
  • Total Rent: $6,235
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $74,820
  • Net Operating Income: $58,308
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,811
  • New Taxes: $4,320
  • Trash: $0
  • Insurance: $1,260

Open Houses for 2625 K St

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Property Details for 2625 K St

Interior Features
Cooling Information
  • No Cooling
Heating Information
  • No Heating
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
Kitchen Information
  • No Appliances
Exterior Features
Exterior Information
  • No Fence
  • No Spa
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Public Records
Property Information
  • No View
  • Common Walls: 2+ Common Walls, No One Above
  • Total # of Units: 4
  • Parcel Number: 5355011100
  • Year Built Source: Appraiser
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: CrossStreet: 26th
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local San Diego Agent

Sale History for 2625 K St

Last sold on October 24th, 2002

  • December, 2023

  • Dec 21, 2023

    Date

    Active

    CRMLS: NDP2309545

    $2,750,000

    Price

  • October, 2002

  • Oct 24, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1993

  • Dec 6, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2625 K St

Assessed Value (2020): $202,668
Year Land Value Improved Value Assessed Value
2020 $56,815 $145,853 $202,668

Home Value Compared to the Market

This property vs the competition

2625 K St is listed 197.3% higher than the median list price for the city of San Diego which has a median list price of $925,000. The median price per/sqft for San Diego is $708 and this home is listed at $946.97 per/sqft which puts the price per square foot 33.75% higher than the median price per square foot for the city of San Diego.

About 2625 K St

Detailed summary of property

2625 K St is a multi family located in San Diego, CA 92102 and is currently for sale. This multi family property offers 8 bedrooms, 4 bathrooms, roughly 2,904 living square feet, and sits on an approximately 7,070 square foot lot. 2625 K St was first listed on ArdentRealEstateGroup.com on December 21, 2023. The homeowner is currently asking $2,750,000. The median priced home in San Diego is $925,000 with a median price per square foot of $708. Based on Ardent Real Estate Group's San Diego Market Data, this home is listed 197.3% higher than the median priced home. Local competing homes currently for sale include 216 Cajon St, 216 Cajon St and 280 E 16th St.. While the average home in San Diego, CA is selling in 79 days, 2625 K St has a days on market of 141 days. There are currently 2436 homes for sale in the San Diego real estate market and 1250 of them are single family homes while 986 of them are condos and 200 are townhomes. For more information on this home for sale at 2625 K St San Diego, CA 92102 contact Ardent Real Estate Group and we will put you in touch with one of our San Diego agents.

Public Facts for 2625 K St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
7,070
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
San Diego
Lot#
17,18
APN
535-501-11-00

The source for these homes facts are from public records.

92102 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$686
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$685
Total Inventory
45
Median Sale to List Price %
94.42%
Avg Days on Market
18
Loan Type
Conventional (47.62%), FHA (4.76%), VA (14.29%), Cash (28.57%), Other (4.76%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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