818 820 San Pasqual Street, San Diego, California 92113, San Diego, 92113 - 2 bed, 2 bath
ACTIVE$625,000$880/sqft
818 820 San Pasqual Street, San Diego, California 92113
2Beds
2Baths
880Sqft
4,200Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Versatile Income Property: The duplex configuration offers excellent flexibility for owner-occupancy with rental income from the second unit, or full investment potential with two income-generating units.
Top Cons:
Property Age: Built in 1955, the property is over six decades old, which may imply older infrastructure, systems, and potential for future maintenance or modernization needs.
Compared to the nearby listings
Price:$625.0K vs avg $687.0K ($-62,000)50%
Size:880 sqft vs avg 1,486.5 sqft17%
Price/sqft:$710 vs avg $44083%
More Insights
Built in 1955 (71 years old).
Condition: The property, built in 1955, features recently and extensively renovated kitchen and bathrooms with modern cabinets, countertops, and shower enclosures, along with fresh paint and newer windows throughout. While the tile flooring is clean and functional, and the heating system consists of wall heaters rather than central HVAC, these elements are well-maintained and the property is move-in ready with no immediate renovations required. The significant updates in key areas elevate its condition beyond 'Fair'.
Year Built
1955
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$710
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2600479
Home ConditionGood
Features
Good View: City Lights, Park/Greenbelt
Patio
ViewCity Lights,Park/Greenbelt
About this home
Excellent opportunity to own a well-maintained duplex in the heart of San Diego 92113. Each unit features 1 bedroom and 1 bathroom, offering a versatile setup ideal for owner-occupants or investors. Live in one unit and rent out the other, which is currently occupied by long-term, reliable tenants paying market rent and maintaining the unit well. The property offers ample parking, low-maintenance living, and strong income potential, making it a great entry point for those looking to start or expand a real estate investment portfolio. Conveniently located near shopping, restaurants, parks, and community resource centers, with easy access to everyday amenities. A solid investment opportunity in a central San Diego location.
A
Alejandro Ibarra
Listing Agent
Condition Rating
Good
The property, built in 1955, features recently and extensively renovated kitchen and bathrooms with modern cabinets, countertops, and shower enclosures, along with fresh paint and newer windows throughout. While the tile flooring is clean and functional, and the heating system consists of wall heaters rather than central HVAC, these elements are well-maintained and the property is move-in ready with no immediate renovations required. The significant updates in key areas elevate its condition beyond 'Fair'.
Pros & Cons
Pros
Versatile Income Property: The duplex configuration offers excellent flexibility for owner-occupancy with rental income from the second unit, or full investment potential with two income-generating units.
Prime Central San Diego Location: Located in the heart of San Diego 92113, providing convenient access to shopping, restaurants, parks, community centers, and everyday amenities.
Stable Rental Income: One unit is currently occupied by long-term, reliable tenants paying market rent, ensuring immediate and consistent cash flow for investors.
Well-Maintained & Low-Maintenance: The property is described as well-maintained and offers low-maintenance living, reducing immediate operational burdens and upkeep concerns.
Practical Amenities & Views: Benefits from ample parking, a desirable feature in urban areas, and appealing city lights and park/greenbelt views.
Cons
Property Age: Built in 1955, the property is over six decades old, which may imply older infrastructure, systems, and potential for future maintenance or modernization needs.
Compact Unit Sizes: Each unit is a 1-bedroom, 1-bathroom configuration, resulting in relatively small living spaces (approximately 440 sqft per unit), which might appeal to a narrower tenant demographic.
Limited Unit Configuration: The consistent 1-bedroom, 1-bathroom layout across both units offers less flexibility for attracting diverse tenant types (e.g., small families) compared to properties with varied or larger unit options.