Prime investment opportunity: Well-designed three-unit property includes a near-brand-new modern duplex (2bed/2bath + studio) and a separate detached cottage-style home (2bed/1bath). Enjoy the benefit of purchasing AS-IS with stable cash flow from day one with established tenants. Multiple value-add strategies of consideration, including a potential lot split to legally separate… Read More the house & duplex, density increase with Complete Communities or utilizing subject base zoning, or the City of San Diego Bonus ADU program for generational living or additional rental income. Whether you're a first-time investor, a 1031 exchange buyer looking to scale up, or a homebuyer seeking an affordable path to homeownership with income potential, this property offers immediate returns with substantial long-term upside. DON’T MISS OUT – Quality investment properties don’t last long!!! Remarks: subject to cancellation of current contract Read Less
Courtesy of Keller Williams La Jolla, Nick J Emerson, 858-457-9400.
Listing Snapshot
Days Online
164
Last Updated
Property Type
Res Income 2-4 Units
Beds
4
Full Baths
3
Year Built
1960
MLS Number
250021496
Additional Details
Building
Built in 1960, Building area total: 2014, 2 number of buildings, 1 story total, Living area: 0, Living area units: Sqft, Building area units: Sqft, Building name: San Diego, 3 total units, "Wood/Stucco", "Other/Remarks", "1 Story"
Cooling
"Central Forced Air", "Wall/Window"
Expenses
Operating expense: $17,100
Fence
"Partial"
Water Features
Irrigation source: "Drip", Water source: "Meter on Property"
Heating
"Fireplace", "Forced Air Unit", "Other/Remarks"
Income
Gross scheduled income: $85,860
Lot
Size area: 0.12, Size units: Acres
Property
Property subtype: Res Income 2-4 Units, Property type: Residential Income, Zoning: RM 2-5
Roof
"Composition", "Rolled/Hot Mop"
Security Features
"Security Bars", "N/K", "Other/Remarks"
Tenant Pays
"Sewer", "Water", "Electricity"
Utilities
"Sewer Connected"
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