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2037 Garnet Ave, San Diego, CA, 92109

$1,795,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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2037 Garnet Ave, San Diego$1,795,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1980
CoolingNone
MLS #240011482SD
Lot Size0.08 Acres
StatusActive

About 2037 Garnet Ave

Seize a VERY RARE investment opportunity in the heart of Pacific Beach with this exceptional offering priced at only $1.895M, breaking down to approximately $473K per door! This unique property encompasses a great unit mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from popular restaurants, cozy coffee shops, Trader Joe's, and the serene bay. The property also boasts quick freeway access, enhancing its appeal to potential renters. With impressive curb appeal, this investment generates a gross income of $113,628 and a net operating income (NOI) of $83,774 currently operating at a satisfying 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also up for grabs - 2041 & 2045 Garnet, presenting an even bigger opportunity in this coveted area. Don't miss out on this exceptional chance to own a piece of Pacific Beach.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty of California, Inc.
  • Office Phone: (858) 258-7383
  • Listing Agent: Monroe Herington

Virtual/3D Tour

  • Virtual Tour: 2037 Garnet Ave

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Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Mission Bay High School, Public Magnet Grades 9-12
  • Pacific Beach Middle School, Public Magnet Grades 6-8
  • Sessions Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: CrossStreet: Noyes/Morrell

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,795,000

Tax Information:

  • Annual Amount: $12,023
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Diego, CA.

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San Diego, CA

City

Med. Sold Price

$914.8K

Med. Price/SqFt

$680

Avg. Days On Market

18

# of Sold Homes

751

2037 Garnet Ave vs San Diego

1 DAY ON ROCKET

-17 Days

$1,795,000

+$880.1K More

KEY TAKEAWAY

This property is $880.1K more than the Median Sold Price in San Diego, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #240011482SD

Listing Office:

  • Office Name: eXp Realty of California, Inc.
  • Office Phone: (858) 258-7383
  • Listing Agent: Monroe Herington

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 11:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 21, 2006Home Sold
$830,000
Feb 23, 2004Home Sold
$720,000
Mar 04, 1999Home Sold
$290,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,023$984,280
2020$12,022$974,188
2019$11,039$955,087
2018$11,040$936,360
2017$10,777$918,000

History based on county public records data.

Payment Calculator

$9,026

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,448

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-415398
8
/10

  • Sessions Elementary School

  • 2150 Beryl St

  • 0.53 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-415399
8
/10

  • Pacific Beach Middle School

  • 4676 Ingraham St

  • 0.60 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-415400
8
/10

  • Mission Bay High School

  • 2475 Grand Ave

  • 0.53 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,500. Residents of San Diego, CA typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2037 Garnet Ave

What is the listing price of this property?

The listing price of 2037 Garnet Ave property is $1,795,000.

What type of property is this?

The property 2037 Garnet Ave is a house located in San Diego, California, 92109.

Is this property for sale now?

Active Listing: 2037 Garnet Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2037 Garnet Ave are:
Sessions Elementary School: GreatSchools Rating 8/10
Pacific Beach Middle School: GreatSchools Rating 8/10
Mission Bay High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,023 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 21, 2006 for $830,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2037 Garnet Ave is 1980.

Rocket Homes›California›San Diego County›San Diego›92109›2037 Garnet Ave

This home is located at 2037 Garnet Ave in San Diego, CA and zip code 92109 in the Pacific Beach neighborhood. This home, which was built in 1980, sits on a 0.08 acre lot. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $1,795,000.

In April 2024 more than 379 listings in San Diego, CA were sold above the asking price. During the same period more than 101 listings were sold at asking price, while more than 271 were sold below. The number of listings in San Diego, CA increased by 10.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 18 days, the median list price was $914,809.

From Rocket Homes Real Estate and based on county public records data.

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