Located in one of the most desirable pockets of North Pacific Beach, this Tourmaline Street two-home property is an easy 4-minute walk (.2 miles) to Tourmaline Surf Park and is unbeatable for location, livability, rentability, and investment. The property features a front 3-bedroom, 2-full bathroom house, and includes a large… Read More family room, a dining area, a bright kitchen, a large pantry area, a separate laundry room, a front yard, a private back yard with patio and grass area, and extra outside storage. The rear home is a 2-bedroom, 1-bathroom house boasting a living room, dining room, remodeled kitchen, laundry, private yard, and extra outside storage. These homes are always rented to excellent tenants who enjoy the incredible locale of beach living. Not only is this property close to one of San Diego’s most iconic surfing beaches, but it is also walking distance to Palisades North Park, Law Street Beach, and in very close proximity to great dining and entertainment, and La Jolla’s Bird Rock dining, shopping, and beach area. This property offers either great cash flow or unprecedented potential for redevelopment or refurbishment. There is a property inspection report from Lundquist Enterprises available for review. Read Less
Property listed by Pacific Horizon Real Estate Se, Gregg Buckley 310-259-7556
Listing Snapshot
Days Online
12
Last Updated
Lot Size
0.14 Acres
Year Built
1941
MLS Number
260002058SD
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1941, 2 buildings, 1 storey, Levels: One
Community
Park Name: Pacific Beach
Cooling
None
Heating
Electric
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $103,200, Net Operating Income: $85,940
Lot
0.1365 acres
Roof
Composition
Taxes
Parcel Number: 4153100400
Tenant Pays
CableTv, Electricity
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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