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Elm Avenue & 842 18th Street

San Diego, CA 92154
  • $899,500
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: PTP2603201
UPDATED: 6 min ago
$899,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Julie Tirado of Julie Tirado (619-571-9496)


Description

Corner property with considerable potential. Existing structures are one 3 bdrm, 1 ba, 2 car gar house on 18th St currently rented, and a separate 3 car garage on 18th St. The house on Elm Ave was demolished as seller is awaiting permit to build TWO 3 bdrm ADUs, and convert the existing separate garage into ONE 3 bdrm ADU. The San Diego Housing Commission requires that one of the 3 bdrm units be a low income dwelling, and the 55 year agreement (CC&R) runs with the land. Building permit has not yet been issued. Buyer, Buyer Agent and Broker should investigate all requirements. Buyer to complete and pay for remaining permit process including Right of Way requirements, school fees, and any other remaining fees. Buyer, Buyer agent and Broker to conduct inspections, research, any remaining steps in the permit process, satisfy selves with all conditions, zoning, dimensions, value, requirements.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T18:34:09.033. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175895196
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Elm Avenue & 842 18th Street San Diego, CA 92154

  • Price: $899,500
  • Status: Active
  • On Site: 11 Days
  • Updated: 6 min ago
  • ID#: PTP2603201
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
92154 - Otay Mesa
County:
San Diego
Area:
92154 - Otay Mesa
Property Description
Corner property with considerable potential. Existing structures are one 3 bdrm, 1 ba, 2 car gar house on 18th St currently rented, and a separate 3 car garage on 18th St. The house on Elm Ave was demolished as seller is awaiting permit to build TWO 3 bdrm ADUs, and convert the existing separate garage into ONE 3 bdrm ADU. The San Diego Housing Commission requires that one of the 3 bdrm units be a low income dwelling, and the 55 year agreement (CC&R) runs with the land. Building permit has not yet been issued. Buyer, Buyer Agent and Broker should investigate all requirements. Buyer to complete and pay for remaining permit process including Right of Way requirements, school fees, and any other remaining fees. Buyer, Buyer agent and Broker to conduct inspections, research, any remaining steps in the permit process, satisfy selves with all conditions, zoning, dimensions, value, requirements.
Exterior Features

Carport Spaces 0 Entry Level 1 Entry Location 1 Lot Features Corner LotValue In LandYard Number Of Separate Electric Meters 2 Open Parking Spaces 5 Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes Spa YN No View YN No

Interior Features

Common Walls No Common Walls Cooling YN No Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Association YN No Cap Rate 3 Common Interest None Community Features Curbs Garage YN Yes Gross Income 28800 Gross Scheduled Income 28800 Insurance Expense 2000 Land Lease YN No Laundry Features In Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 27800 New Construction YN No New Taxes Expense 3012 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Operating Expense 1000 Property Condition Additions/Alterations Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 2400 Trash Expense 100 Utilities Electricity Connected Zoning R-2:MINOR MULTIPLE



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T18:34:09.033. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
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Hemet CA, 92545
Listing Agent(s): Julie Tirado of Julie Tirado (619-571-9496)