Fahrenheit - 1025 Island Avenue #206

Status: Sold

  • $999,000

    Price
  • 1

    Beds
  • 2

    Baths
  • 1,528

    Sq. Ft.

  • Favorite

    Tour
Property sold

This condo was sold on 09/14/2021 for $956,000.


  • MLS#: 210022519
  • Listing Date: 08/07/2021
  • HOA Fees: $621.47
  • Parking Spaces: 1
  • Neighborhood: East Village
  • Complex: Fahrenheit
  • Unit #: 206
  • Units in complex: 77
  • Units in building: 1
  • Built: 2006
  • Office Information: SanDiego City Life Real Estate
  • Master: 10x14
  • Kitchen: 6x12

Remarks

Rare Residential/Commercial combo unit! Amazing opportunity to own a dual income property that is separately metered with one HOA fee. Downstairs commercial 750sf unit with street access to 10th Ave has small kitchen and 1 full bath. Lock-off condo upstairs is 1 bd/1 bath 778sf condo. Any consumer entering the commercial space would not know that there is a condo unit upstairs. 1 parking space. Ask about non-QM loan sources. Ideal for an owner/user or investor seeking dual income property. Commercial space is currently utilized as a real estate office but other optimal uses include: professional services office, other retail, nail/hair, retail food/beverage without cooking hood, etc. This Residential complex - known as Fahrenheit - is located next to Petco Park. Private equity and non-QM loan sources available. Ask about current HOA construction defect lawsuit and how this affects traditional financing which will Not approve this property until lawsuit is completed.

More unit details

  • Heat source: Electric
  • Heat equipment: Heat Pump
  • Cooling: Heat Pump(s)
  • Laundry utilities: Electric
  • Laundry location: Closet Stacked, Laundry Room
  • Water: Public
  • Equipment: Dishwasher, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer, Electric Oven, Freezer, Ice Maker, Gas Range, Counter Top
  • Stories: 2 Story
  • Parking spaces: 1
  • Parking garage: Assigned, Gated, Underground, Garage, Garage Door Opener
  • Ownership: Condominium
  • Pets: Yes
  • Restrictions: CC&R's
  • Roof: Concrete
  • Exterior: Concrete
  • Fencing: Gate
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Michael Long

Michael Long

Selling Downtown San Diego since 2004
619-846-0892

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