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5025 Lotus St, San Diego, CA 92107

Sale Price: $1,660,000
May 10, 20241,524 sqft2 beds0 baths
Listed by: Andrew Greer
License #: 01935052
Phone #: 858-703-7361
Real Broker
Source:
CRMLS Logo
MLS #: 240010352SD

Property Description

Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego. Not only create the income but still have parking available for all your units on site. Seeking even higher returns? Grab one of the 800+ Short Term Rental permits availabe and create even greater cash flow here in Coastal San Diego. Pride of ownership abounds throughout the property and getting a Tri-plex like this is a once in a blue moon opportunity! Don't miss out!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,049

TurboHome Estimated Value

$1,542,800

$1,012 sqft

High Valuation
$1,619,940
$1063/sqft
Normal Valuation
$1,542,800
$1012/sqft
Low Valuation
$1,465,660
$962/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1012/sqft$1,542,800

Neighborhood: Ocean Beach

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Comparative Value

$1.30M

$1.35M

$1.40M

$1.66M

$1.75M

4978 W Point Loma Blvd, San Diego, CA 92107

Sale Price: $1,300,000

Selected Comparable

3943 Bernice Dr, San Diego, CA 92107

Sale Price: $1,350,000

Selected Comparable

3919 Centraloma Dr, San Diego, CA 92107

Sale Price: $1,400,000

Selected Comparable

5025 Lotus St, San Diego, CA 92107

Sale Price: $1,660,000

Selected Comparable

5025 Lotus St, San Diego, CA 92107

List Price: $1,749,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
5025 Lotus St, San Diego, CA 92107

5025 Lotus St, San Diego, CA 92107

List: $1,749,000

Listed: 5/10/2024

Area:1,524 sqft
Price/sqft:$1,148
Beds:2
Baths:
Year Built:
Lot Size:5,007

Comparable Properties

COMPARABLE
Choose comps
5025 Lotus St, San Diego, CA 92107

5025 Lotus St, San Diego, CA 92107

Sale: $1,660,000

9/9/20240.00 mi

Area:1,524 sqft
Price/sqft:$1,089
Beds:2
Baths:
Year Built:
Weight:33.0%
4978 W Point Loma Blvd, San Diego, CA 92107

4978 W Point Loma Blvd, San Diego, CA 92107

Sale: $1,300,000

8/6/20250.09 mi

Area:1,404 sqft
Price/sqft:$926
Beds:2
Baths:1
Year Built:
Weight:31.2%
3919 Centraloma Dr, San Diego, CA 92107

3919 Centraloma Dr, San Diego, CA 92107

Sale: $1,400,000

8/6/20251.33 mi

Area:1,246 sqft
Price/sqft:$1,124
Beds:3
Baths:1
Year Built:
Weight:19.9%
3943 Bernice Dr, San Diego, CA 92107

3943 Bernice Dr, San Diego, CA 92107

Sale: $1,350,000

9/3/20241.27 mi

Area:1,250 sqft
Price/sqft:$1,080
Beds:3
Baths:1
Year Built:
Weight:15.8%

How it Works

1

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We match you with an in-house licensed real estate agent who knows your market
2

We support your home-selling journey

Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
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