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    545 547 Fern Glen

    La Jolla, CA 92037
    • $2,825,000
    • STATUS: Active
    • ON SITE: 128 days
    • ID#: 210013149
    UPDATED: 70 min ago
    $2,825,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    RARE 3 on 1! Three DETACHED homes on prime WINDANSEA lot. 2 of the 3 cottages are recently renovated. Front house has new roof, flooring and fixtures in bathrooms and kitchen, granite countertops, washer/dryer, light fixtures, ceiling fans and 2 parking spots, enclosed deck and private use patio and garden area. The rear house has all new bathrooms, lighting fixtures and ceiling fans, carpet, oven, washer/dryer and includes a private patio and 2 parking spots. Middle house has private patio and 1 pkg spot. 3D video on 3D URL link and virtual tour links. 3D video under 3D URL link and virtual tour links. Lot size is 7687 sq ft, zoned RM 1-1. Current leases generate $109,000/yr in gross rents and front and middle houses have built-in income upside. Relax and continue to receive consistent market rental income or redevelop with condo map and rebuild for endless potential including ocean views! Within a five-minute walk to beaches, La Jolla schools, restaurants and Farmers Market, this property has it all! Buyer to confirm all square footage. Photos are virtually staged. DO NOT DISTURB TENANTS. Number of Furnished Units: 0

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T13:34:06.253. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
    www.century21jordanlink.com/homes/117303402
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    545 547 Fern Glen La Jolla, CA 92037

    • Price: $2,825,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 210013149
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1970
    Built
    Neighborhood:
    La Jolla
    County:
    San Diego
    Area:
    92037 - La Jolla
    Property Description
    RARE 3 on 1! Three DETACHED homes on prime WINDANSEA lot. 2 of the 3 cottages are recently renovated. Front house has new roof, flooring and fixtures in bathrooms and kitchen, granite countertops, washer/dryer, light fixtures, ceiling fans and 2 parking spots, enclosed deck and private use patio and garden area. The rear house has all new bathrooms, lighting fixtures and ceiling fans, carpet, oven, washer/dryer and includes a private patio and 2 parking spots. Middle house has private patio and 1 pkg spot. 3D video on 3D URL link and virtual tour links. 3D video under 3D URL link and virtual tour links. Lot size is 7687 sq ft, zoned RM 1-1. Current leases generate $109,000/yr in gross rents and front and middle houses have built-in income upside. Relax and continue to receive consistent market rental income or redevelop with condo map and rebuild for endless potential including ocean views! Within a five-minute walk to beaches, La Jolla schools, restaurants and Farmers Market, this property has it all! Buyer to confirm all square footage. Photos are virtually staged. DO NOT DISTURB TENANTS. Number of Furnished Units: 0
    Exterior Features

    Fencing Partial Parking Total 0 Roof Composition

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Association Fee 0 Cap Rate 2.5 Gross Scheduled Income 110100 Levels One Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashConventional Net Operating Income 71000 Senior Community YN No Tenant Pays Cable TvElectricityWater

    Listing provided courtesy of Kim Caniglia of Billionaires Row


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T13:34:06.253. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
     
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    Visalia CA, 93277