1235 Sassafras St, , San Diego, CA 92103


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$3,294,000
$17,050/mo
  • 4
    BEDS
  • 0.1300
    ACRES
  • 3
    BATHS
  • 1
    HALF BATHS
  • 2858
    SQFT
  • $1152.55
    $/SQFT
Complex:
Neighborhood: Mission Hills
Property Type: Detached
Year Built: 1992
Community: Mission Hills
Area: Mission Hills (92103)
City: San Diego
Market Area: Metro Uptown

Property details

How often are you presented with an incredible property partnered with an equally incredible business opportunity? Casa Paradiso, originally owned by one of California's most successful race horse trainers, now offfers you a chance to own a slce of paradise in the heart of the City, while also earning a market-beating return. 7.3% CAP Rate! 10.8 GRM!!! This is the best CAP Rate and GRM of any property currently listed in 92103, and among the best in San Diego!!

Even better - 2 years fully-guaranteed gross income to maintain an 10.8 GRM when keeping on the existing management company! Casa Paradiso is a one-of-a kind luxury resort home located in the heart of the city. Literally the moment you step on to the property you are greeted by a tropical oasis: Glittering heated pool with LED-lit water fountains, an elevated Jacuzzi spa with outdoor shower, a 3-hole putting green, a 700sf lounge featuring a massive custom-built wet bar with 2 beverage coolers, built-in 70" high def TV, ultra-plush lounge chairs, couches, and bar stools. Enjoy a separate grilling area with integrated stainless steel grill and beverage cooler. All this is before you've even walked in the front door!! What sets this property apart is the Business Opportunity which comes with the sale – a fully compliant short-term vacation rental business with a solid track record of profitability. The current Property Management company is so confident in its turnkey system they have agreed to offer a 2 YEAR GROSS REVENUE GUARANTEE to new owners beginning at close of escrow!! Enter the lucrative short-term vacation rental business with the confidence of a guaranteed 2 years of passive gross income! This is a rare opportunity!! Inside the estate features an open floorplan concept, with incredible views and top-of-the-line luxury. The gourmet kitchen features gorgeous granite countertops along with Viking and LG appliances. Enjoy floor-to-ceiling stacking glass doors, which continue the seamless flow onto an expansive observation deck with views of the canyon, harbor, and city. A larger-than-life 15-foot high wooden door carved into the face of a Buddha stands guard over the master bedroom suite. The calming, Zen-like decor with open vaulted ceilings and a newly remodeled ensuite bathroom make this an incredibly unique and luxurious room. The sprawling estate continues as you make your way downstairs to the lower level. Here, you'll find a home theater room, which seats 8 comfortably and is outfitted with a state-of-the art 3D projector, a 110” drop-down screen and Dolby digital 7.0 surround sound. Also downstairs are 3 fully remodeled bedrooms and 2 modern-inspired full bathrooms. A large observation deck leads to the private basketball court and sitting area, an excellent spot to relax with bamboo trees and the canyon below. Whatever your plan…. Make income now, then move into paradise later, or just make income, and enjoy personal use on occasion, this property fits the bill. You will not find another deal like this.

Listing history

DATE EVENT PRICE
2021-01-07 Listed For Sale $3,294,000

Questions?

George Alexiou
George Alexiou
Real Estate Broker
Features

Interior features

Bedrooms Total 4
Bath Totals 3
Stories 2 Story
Searchable Rooms
Master Bedroom Dimensions 20x15
Bedroom 2 Dimensions 18x11
Kitchen Dimensions 15x11
Dining Room Dimensions 14x10
Living Room Dimensions 31x15
Family Room Dimensions 27x17
Laundry Location Closet Full Sized
Laundry Utilities Gas
Fireplace Location
Fireplaces 0
Heat Equipment Other/Remarks
Heat Source Natural Gas
Cooling Central Forced Air
Telecommunications
Floor Coverings
Equipment Available DishwasherDisposalDryerGarage Door OpenerMicrowavePool/Spa/EquipmentRefrigeratorSolar PanelsWasherOther/Remarks6 Burner StoveBuilt In RangeFreezerGrillBarbecueBuilt-In

Exterior features

Entry Level Building
Entry Level Unit 0
View
Frontage
Exterior Stucco
Residential Unit Location
Lot Size 4,000-7,499 SF
Level Topography Canyon/ValleyLevel
Exclusive Use Yard
Fencing
Parking Garage Spaces 2
Parking Garage Description Attached
Parking Spaces Total 4
Parking Non Garage Description
Parking Non Garage Spaces 2
Pool Below Ground
Spa
Patio
Roof Tile/Clay
Three Or More Steps For Entry

Other features

Age Restrictions N/K
Elementary School
Middle School
High School
Pets
Security
Property Restrictions Known None Known
Home Owner Fees 0.00
Home Owner Fees Payment Frequency
Home Owner Fees Include
Mello-Roos Fee 0.00
Mello-Roos Fee Frequency
Other Fees 0.00
Other Fees Frequency
Monthly Total Fees 0
Home Owner Total Fees 0.00
Ameneties and Community Features
Ownership Fee Simple
Terms
Stories In Building 0
Units In Building 0
Units in Complex 0
Listing provided courtesy of Home Solutions Group.

Location
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1235 Sassafras St,
San Diego, CA 92103 - MLS# 210000355

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This 1235 Sassafras St, San Diego, CA 92103 isn't just an address... but rather a potential home and part of a potential community to call home. When you search for 1235 Sassafras St you most likely don't just want to know the price or how many bedrooms or baths it has but you want to see interior photos, get nearby school information and community ammenities. You want to know if there are any homeowner or neighborhood and mello-roos taxes associated with 1235 Sassafras St. At AlexiouRealty.com we give you access to all this information as listed by the listed agent.

Make your home search easier when you search properties at AlexiouRealty.com and find all information you need to make an educated decision prior to touring this home at 1235 Sassafras St. Call or contact us by email using the contact forms to find out additional information not available to public or to schedule an appointment to see the home at 1235 Sassafras St. You can also save this home to be notified by email of any price or status changes when you register (feature coming soon).

This 2,858 square feet, 2 Story Detached home at 1235 Sassafras St, San Diego, CA 92103 was built in 1992, it has 4 bedrooms, 3 baths and priced at $3,294,000.

Is this property at 1235 Sassafras St the right one that fits your needs and you can call home? If it is, we can help you from answering any and all your questions, taking the initial tour of this home to making a successful offer and a smooth closing through escrow once the offer is accepted. If this isn't the right home for you, let us know and we can help you find the one that is. With almost 20 years of real estate and negotiation experience as well as easily accessible information in this site with listings that cover everything from property size to local school information, map location and community information, you are most likely to find the home that you are looking for without any hassle from us. We never call or bother you with unnecessary emails. We'll only contact you to provide you the information you asked for.


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