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$1,995,000
Est. payment /mo
2 Beds
1 Bath
6,049 Sqft Lot
UPDATED:
10/02/2024 01:50 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2405896
Bedrooms 2
HOA Y/N No
Lot Size 6,049 Sqft
Property Description
Please do not walk on property or disturb tenants. Shown by appointment with an accepted offer. Extremely well-maintained 4plex, desirable Normal Heights. Built 1940s, approx. 3,200 square feet, (4) 2-bed/1-bath units, around 800 SF each. Upper units feature private balconies. Lower units have patios. Property has passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and increased rental income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping. (5) off-street parking. Likely room to add 1 or more ADUs in rear. Prime location provides easy access to local amenities and transportation. This long-term investment opportunity offers appreciation potential and cash flow enhancement through renovations or ADU development.
Please do not walk on property or disturb tenants. Shown by appointment with an accepted offer. Extremely well-maintained 4plex, desirable Normal Heights. Built 1940s, approx. 3,200 square feet, (4) 2-bed/1-bath units, around 800 SF each. Upper units feature private balconies. Lower units have patios. Property has passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and increased rental income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping. (5) off-street parking. Likely room to add 1 or more ADUs in rear. Prime location provides easy access to local amenities and transportation. This long-term investment opportunity offers appreciation potential and cash flow enhancement through renovations or ADU development.
Please do not walk on property or disturb tenants. Shown by appointment with an accepted offer. Extremely well-maintained 4plex, desirable Normal Heights. Built 1940s, approx. 3,200 square feet, (4) 2-bed/1-bath units, around 800 SF each. Upper units feature private balconies. Lower units have patios. Property has passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and increased rental income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping. (5) off-street parking. Likely room to add 1 or more ADUs in rear. Prime location provides easy access to local amenities and transportation. This long-term investment opportunity offers appreciation potential and cash flow enhancement through renovations or ADU development.
Location
State CA
County San Diego
Area Normal Heights (92116)
Zoning Estimated
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Space Rent $2,680
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Listed by Max Delbecq • Top Gun CRE