$1,500,000
$1,395,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/24/2023
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Heights
MLS Listing ID 230004138SD
Sold Date 03/24/23
HOA Y/N No
Year Built 1925
Property Description
A rare opportunity to own an expertly remodeled duplex in the highly coveted 92116 zip code of University Heights! Your Charming Modern Craftsman home is perfect for investors looking to add a turn-key property to their portfolio with strong current cash flow or for homeowners looking to live in one unit and generate rental income from the second unit. RM 1-1 Zoning allows for further development upside permitting for multiple units up to 30 ft. max structure height. Each unit has 2 bedrooms and 1 bathroom. No expense was spared! Both units come with new shaker cabinets, quartz countertops, premium vinyl flooring, air conditioner and heating units, stainless steel appliances, washer/ dryers and vinyl windows, among many other upgrades. Large private yard with artificial turf and a detached oversized 2 car garage that can be converted into an ADU for further rental income! Additional RV parking included in the back. Within walking distance to restaurants, shopping and nightlife on Park Blvd and Adams Ave. Short walk to dog friendly Trolley Barn Park. Centrally located to Interstates 805, 15, and 8; and minutes from Balboa Park, Downtown, and the Gaslamp. Great for a long term rental, AirBNB, or a place to call home, this property is turn-key and won't last long! Large private yard with artificial turf and a detached oversized 2 car garage that can be converted into an ADU for further rental income! Additional RV parking included in the back. Within walking distance to restaurants, shopping and nightlife on Park Blvd and Adams Ave. Short walk to dog friendly Trolley Barn Park. Centrally located to Interstates 805, 15, and 8; and minutes from Balboa Park, Downtown, and the Gaslamp. Great for a long term rental, AirBNB, or a place to call home, this property is turn-key and won't last long!
Location
State CA
County San Diego
Area 92116 - Normal Heights
Building/Complex Name No
Zoning R-3
Interior
Heating Electric, Zoned
Cooling Zoned
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
Roof Type Composition
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4450621200
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with Salvatore Cefalu • Keller Williams SD Metro
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "