Attention real estate investors! This turnkey duplex in rapidly redeveloping City Heights presents a prime opportunity for value-add and long-term growth. Both units are rented on month-to-month leases, with current rents significantly below market, offering immediate upside potential. The property features a single building with upper and lower 2 BD/1… Read More BA units, each 864 SF, that have been fully renovated. Highlights include modern kitchens with quartz countertops, stainless steel appliances, white shaker cabinetry, washer/dryer hookups, and luxury vinyl plank flooring in the kitchen, dining, and expansive living areas. Recent updates also include interior paint, dual-pane windows, and remodeled baths with updated vanities and fixtures. (See supplement for more!) Infrastructure improvements, such as a new concrete parking slab, newer gas lines, a replaced water line in the upper unit, and roof maintenance, ensure low future maintenance costs. The lower unit enjoys a private rear yard with pavers, while both units share a fully fenced, spacious front yard—ideal for pets or children. Alley access, 2 off-street assigned parking spaces, and a massive front yard offer potential for expansion, possibly for an ADU (verify via CUPD-CU-3-6). Whether you are looking to capitalize on the upside potential by increasing rents, develop further, or live in one unit and rent out the other, this duplex offers a flexible and lucrative investment opportunity in a growing market! Read Less
Listing Snapshot
Days Online
17
Last Updated
Property Type
Other
Lot Size
0.1 Acres
Year Built
1958
MLS Number
240023686SD
30 Days Snapshot Of 92105
$
-11%
(avg) sold price
16
-27%
homes sold
76
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1958, Levels: Two, 2 stories, 1 building
Cooling
None
Heating
NaturalGas
Income
Net operating income: $28,917
Lot
0.0997 acres, 4,342 square feet, Size: 4,342
Pool
None
Property
Zoning: R4-Multipl, None
Roof
RolledHotMop
Spa
None
Tenant Pays
CableTv, Electricity, Gas, SeeRemarks, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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