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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 834 sqft
Price per Sqft $1,798
Subdivision University Heights
MLS Listing ID 230004138
Sold Date 03/24/23
Bedrooms 4
Full Baths 2
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
Community University Heights
Area Normal Heights (92116)
Building/Complex Name No
Zoning R-3
Interior
Heating Electric
Cooling Zoned Area(s)
Fireplaces Number 1
Appliance Zoned Areas
Exterior
Exterior Feature Wood/Stucco
Parking Features Unit1:Detached
Garage Spaces 2.0
Fence Full
Community Features Laundry Facilities, RV/Boat Parking
Complex Features Laundry Facilities, RV/Boat Parking
Roof Type Composition
Building
Lot Description Alley Access, Public Street
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash
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Bought with Salvatore W Cefalu • Keller Williams SD Metro