Listed by Anthony Napoli, Hunter & Maddox Intl. Inc.,
This Grand Victorian Lady, that can be viewed on the east side of HWY 5 as you pass downtown, proudly represents a bygone era. Built in 1887, the Sherman Doig historically designated, Mills Acted home, is in amazing condition. Zoning allows for additional uses such as doctor, dentist, phycologist and office.Buyer to confirm permitted uses before close of escrow. This upgraded, historically designated home is currently being used as a sober living facility. Previous owner used property as an Airbnb and grossed $125,000 in rental income. With new purchase price property taxes will be only approximately $5,000-$6,000 per year due to the Mills Act. Buyers could live on the top two floors which is a 2000 square foot apartment and rent out the lower floors to pay their mortgage. There are too many options to mention. You have to tour this magnificent property to appreciate its versatility. This 15 room Victorian Lady is conveniently located just across the freeway from Downtown. It's walking distance to Little Italy, Balboa Park, San Diego Zoo, Trolley Stops, Gaslamp, Petco Park, Waterfront Park, and San Diego Bay. The possibilities for this completely, unique property are endless. It's commercially zoned for professional offices or you may use it as Bed and Breakfast or just do long term rentals on all five areas that could be made separate from each other. My favorite aspect of this property is that even though it's historic, there is no deferred maintenance. The heating and air conditioning systems are four years old. In fact it had the Airport Authority sound proofing a couple of years ago. The roof is only 7 years old. The entire house was completely painted recently and the driveway, where you can park 6 cars tandem was redone as well. Equipment: Dryer, Range/Oven, Washer Sewer: Sewer Connected Topography: LL Guest House Est. SQFT: 300 Frontage: Freeway
Listed by Anthony Napoli, Hunter & Maddox Intl. Inc.,
Based on information from California Regional Multiple Listing Service, Inc. as of 7/1/22. 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.
©2022 California Regional Multiple Listing Service. All rights reserved.
Data last updated 1:36 AM UTC, 7/1/22
