545 Fern Glen, La Jolla, CA 92037

$2,850,000
List Price
$2,850,000
Status
ACTIVE
MLS#
210001986
Year Built
1970
Days on Market
64
Property Type
Multifamily
Stories
One Level
Builders Tract Code
La Jolla
Neighborhood
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 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. Other Fees: 0 Number of Furnished Units: 0

Additional Information

Cooling Description
None
Roof
Composition

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of kim Caniglia from Billionaires Row

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.