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2956 Ulric St

San Diego, CA 92111
  • $2,300,000
  • STATUS: ACTIVE
  • ON SITE: 89 Days
  • ID#: 250024264
UPDATED: 27 min ago
$2,300,000
  • 8
    BEDS
  • 0.13
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,146
    SQFT
  • $731
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2025
County:

School Ratings & Info

Description

We are pleased to present 2956-2960 Ulric Street, a newly built three-unit property in the submarket of Linda Vista. The property is a remodeled SFR along with two brand-new two-story townhomes. The front home is completely remodeled and tenant occupied. The rear townhome units were just completed and just under 1,200 SF in size. The townhomes feature modern appliances, open floor plans and spacious living. These new units are larger than typically found in new construction which is likely to lead to lower turnover expense. Interior features include granite counters, attractive cabinetry, lit bedroom mirrors and sleek design throughout. The new units also feature attached garages and private rear patios. Located in the rapidly gentrifying submarket of Linda Vista, the property is close to the University of San Diego which provides significant source of future tenants.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/162524312
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2956 Ulric St San Diego, CA 92111

  • Price: $2,300,000
  • Status: ACTIVE
  • On Site: 89 Days
  • Updated: 27 min ago
  • ID#: 250024264
8
Beds
5
Baths
0
½ Baths
0.13
Acres
3,146
SQFT
$731
$/SQFT
2025
Built
Neighborhood:
Linda Vista
County:
San Diego
Area:
Linda Vista (92111)
Property Description
We are pleased to present 2956-2960 Ulric Street, a newly built three-unit property in the submarket of Linda Vista. The property is a remodeled SFR along with two brand-new two-story townhomes. The front home is completely remodeled and tenant occupied. The rear townhome units were just completed and just under 1,200 SF in size. The townhomes feature modern appliances, open floor plans and spacious living. These new units are larger than typically found in new construction which is likely to lead to lower turnover expense. Interior features include granite counters, attractive cabinetry, lit bedroom mirrors and sleek design throughout. The new units also feature attached garages and private rear patios. Located in the rapidly gentrifying submarket of Linda Vista, the property is close to the University of San Diego which provides significant source of future tenants.
Exterior Features

Exterior Stucco Fencing Partial Frontage N/K Irrigation N/K Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 Attached Parking Garage Desc Unit3 Attached Pool N/K Pool Heat None Known Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 2 Units With Patios 2

Interior Features

Cooling Zoned Area(s) Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 1 Half Baths Unit3 1 Heat Equipment Zoned Areas Heat Source Electric Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 3 Total Baths Unit3 3 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3

Property Features

Actual Cap Rate 1.8 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 10476 Annual Expense Projected 38575 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community LINDA VISTA Complex Features N/K Complex Park Lina Vista Cross Streets Preece Gross Rent Multiplier Actual 67.23 Gross Rent Multiplier Project 16.04 Gross Scheduled Income Actual 35700 Gross Scheduled Income Project 153900 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 115425 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Pets Yes Possession Close of Escrow Projected Cap Rate 5.02 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays WaterElectricity Terms CashConventional Unit Number For Unit1 2956 Unit Number For Unit2 2958 Unit Number For Unit3 2960 Unit1 Deposit 1000 Unit1 Occupied Tenant Unit1 Projected Rent 3000.0 Unit1 Rent Actual 2975.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 4900.0 Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Vacant Unit3 Projected Rent 4950 Unit3 Rent Actual 0.0 Zoning R-1:SINGLE

San Diego MLS logo Listing provided courtesy of Joe Phair of Keller Williams San Diego Metro: 858-776-7703. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Mercer Group | Keller Williams La Jolla
4071 Adams Avenue
San Diego CA, 92116