San Diego, CA 92113,2078 Harrison Ave
San Diego, CA 92113,2078 Harrison Ave
San Diego, CA 92113,2078 Harrison Ave
San Diego, CA 92113,2078 Harrison Ave
San Diego, CA 92113,2078 Harrison Ave
San Diego, CA 92113,2078 Harrison Ave
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$700,000

$749,000

6.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

1 Bath

1,560 SqFt


SOLD DATE : 07/16/2019

Key Details

Sold Price $700,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $448

Subdivision Logan Heights

MLS Listing ID 190015013

Sold Date 07/16/19

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1920

Property Description

OPPORTUNITY ZONE (Tax-Free Appreciation): Unique Opportunity in the heart of the Re-Development District! Single Family Home, with additional units that generate thousands in rental income & potential for Development of up to 10 units! Centrally Situated in one of San Diego's Hottest & Most Up & Coming Neighborhoods! This Hot Neighborhood is filled with Culture and a Rich History! Walking Distance & Quick Bike Ride to Petco Park, East Village & New Redeveloped areas in the Barrio. ATTENTION: This Property falls within the "Opportunity Zone! Investor's Keep all Appreciation on this purchase if they hold the property for at least 10 Years! The 2017 Tax Cuts and Jobs Act includes a new tax incentive provision intended to promote investment in economically distressed communities, referred to as “Opportunity Zones.” Through this program, investors can achieve the following three significant tax benefits: 1. Deferral of Gain: tax on capital gains following disposition of property are deferred if such gains are invested in a “Qualified Opportunity Fund” within 180 days of disposition until the earlier of the date on which the subsequent investment is sold or exchanged, or December 31, 2026; 2. Up to 15% of Taxable Gain Extinguished: 10% of the tax on the gain invested in the QOF is eliminated after 5 years and an additional 5% (for a total of 15%) is eliminated after 7 years; and 3. Elimination of Gain on Investment in Fund: if the investment is held in the QOF for at least 10 years, taxes on the appreciation in value of the investment in the QOF are eliminated. ALL INFORMATION PROVIDED IS DEEMED RELIABLE BY THE SELLER. IT IS THE BUYER'S RESPONSIBILITY TO PERFORM ALL INSPECTIONS AND VERIFY ALL INFORMATION INCLUDING BUT NOT LIMITED TO: NUMBER OF UNITS, PERMITTED ROOMS, SQUARE FOOTAGE, AND ALL OTHER BUYER DUE DILIGENCE BEFORE THE CLOSE OF ESCROW.. Neighborhoods: Barrio Logan Other Fees: 0 Sewer: Sewer Connected Topography: LL

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning RM-3-7

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Tile, Wood

Fireplace No

Appliance Electric Water Heater, Gas Cooktop, Gas Water Heater, Microwave

Laundry See Remarks

Exterior

Garage Other

Pool None

Roof Type Spanish Tile

Accessibility Parking

Porch Front Porch

Total Parking Spaces 10

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

Others

Tax ID 5381501300

Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Financing Conventional

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Valerie Van De Zilver

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California Regional MLS (CRMLS)
Listed by Voltaire Lepe • Lepe Tendwell Properties
Bought with Alex DeLuna • Berkshire Hathaway HomeService
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5280 2nd St., Long Beach, CA, 90803 Unit, USA

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