PENDING: 10916-18 NEW SALEM CT, SAN DIEGO, CA 92126. 5-bedroom 3.5-bath, 2645 sf, 1971 MIRA MESA $1,575,000 begin new search
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PRICE REDUCTION! INVESTMENT/INCOME OPPORTUNITY! 2 LUXURIOUS houses with 2 separate, private entries, 2 separate & private back yards, 2 separate addresses & separate utilities. Situated in a quiet cul-de-sac neighborhood. First house has about 1,445 sqft and worth $1,000,000 Second house has 1,200 sqft and worth $850,000. To be sold together at a discounted price of $1,675,000. There is more room in the back to build another 2 bedroom house to rent out. First house is tastefully remodeled and has a nice size of backyard with exotic fruit trees & new studio. The Second house is newly built 2019. It has a modern interior, fantastic view from the second floor & is currently rented for $3,100 a month. Owner financing is available with 50% down. You can live in one house & rent the other!. If you rent out both houses you will have around $90,000 annual income. Plus real estate property appreciation of average 6% a year. In 10 years it will amount to 1.3M. This is very good INVESTMENT OPPORTUNITY. DON'T MISS IT!

Address 10916-18 NEW SALEM CT

Listing Status PENDING
Asking Price $1,575,000
Original Listing $1,675,000 @ 2023-01-27
Terms Cash,Conventional,FHA,Seller May Carry,VA
Escrow Date 2023-03-27
Days on MLS 59
Age Restriction N/K
Property Type Fee Simple
Pet Rule Allowed w/Restrictions
Property Restrictions None Known
Sales Restrictions N/K
Mello-Roos Fee $0
HOA Fee $0
Square Footage 2645 sf
Flooring Carpet, Laminate, Stone
Bedrooms 5 + 0 optional
Full Bathrooms 3
Half Baths 1
Family Room 23x15
Living Room 17x12
Dining Room 14x11
Kichen 17x10
Master Bedroom 13x11
2nd Bedroom 15x9
3rd Bedroom 11x9
4th Bedroom 13x11
5th Bedroom 13x11
Directions Not Provided
Community Area MIRA MESA
Neighborhood MIRA MESA VERDE
School District Not Listed
Public Records
County San Diego
Assessor Parcel# 311-172-10-00
Geographic Areas

Airport Compatibility Zone: MCAS Miramar

Community College District: San Diego CC

School District: San Diego Unified

Zip Code: 92126

Highway Locator

West of I-15

East of I-5

North of I-8

North of SR-52

South of SR-56

South of SR-78

Ocean Distance 9.4 miles
Year Built 1971
Laundry Location Closet Full Sized,Laundry Room
Elevator Not Listed
Cooling Central Forced Air
Heating Natural Gas Forced Air Unit, Wall/Gravity
Sewer/Septic Sewer Connected
Fireplaces Not Listed
Equipment Dishwasher, Disposal, Dryer, Refrigerator, Shed(s), Solar Panels, Washer, Convection Oven, Electric Stove, Electric Cooking, Gas Cooking
Monthly Payment Calculator
Listing Source
Platform SDMLS
AOR San Diego Association of REALTORS (SDAR)
MLS Number 230001826
Courtesy of SD Homes
Style Detached 1 Story
Material Stucco
Lot Size 7,500-10,889 SF
Fencing Full
Topography Level
Roof Composition
Swimming Pool N/K
Patio Brick
Exclusive Yard Yes
Total Spaces: 6
Garage Spaces: 1
Non-Garage Spaces: 5 - Driveway
View Not Listed