30349 Highway 78
Santa Ysabel, CA 92070
- – beds
- – baths
- – sqft
- 7,500 sqft lot
- 1954 build
- – on site
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Discover a rare gem in historic downtown Santa Ysabel! This stunning 2-unit building is perfect for generational family living or as a lucrative investment. Located within walking distance to Julian Pie Company, Dudley's Bakery, Don's Market, and the Santa Ysabel Nature Center, this property combines modern comfort with historic charm. Each unit features 2 bedrooms and 1 bathroom, with new carpet, fresh paint, and stylish light fixtures. Enjoy year-round comfort with new mini split air units and the convenience of washer-dryer hookups. The lower unit boasts a large deck and private yard, perfect for relaxation. Upgrades include a new septic system, complete repairs, new fencing around the lot, a custom front gate, and RV parking with electrical hookups. All essential appliances, including a stackable washer and dryer in the upstairs unit, are included. The fully gated property offers ample parking and enhanced security. Financially, this property is a sound investment with a purchase price of $640,000, a fair market rent of $4,100/month, a cap rate of 5.4%, and a gross rent multiplier (GRM) of 12.56. Back on the market due to the previous buyer's failure to secure a mortgage, this is a unique opportunity to own a piece of Santa Ysabel. Don’t miss out—contact us today to make this dream property yours!
Listed By SDMLS / Henry Ota / Engel & Volkers
Last checked:
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Last updated Dec 8, 2024
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MLS# 240010575SD —
The Building
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Year Built:1954
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Total Number Of Units:2
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# of Buildings:1
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Roof:Composition
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Stories Total:2
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Number With Patio:2
Interior
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Levels:Two
Location
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Directions:CrossStreet: 78/Washington
The Property
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Property Type:Residential Income
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Zoning:R-1:SINGLE
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Lot Size Area:7500.0000
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Lot Size Acres:0.1722
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Lot Size SqFt:7500.00
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View:1
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:2480450300
Heating & Cooling
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Heating:1
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Heating:Propane
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Appliances:Gas Water Heater
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Included:Yes
The Community
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Subdivision:Santa Ysabel
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Subdivision:Santa Ysabel
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Neighborhood:Santa Ysabel
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Park Name:30349 Hwy78
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Pool:None
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Senior Community:No
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Spa:1
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Private Pool:No
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Spa Features:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/29/24
Jul 29, 2024
|
Sold | CRMLS_CA | $630,000 | -1.6% |
7/1/24
Jul 1, 2024
|
Price Changed | CRMLS_CA | $640,000 | 3.2% |
7/1/24
Jul 1, 2024
|
Relisted | CRMLS_CA | $620,000 |