Where else can you get 2 detached homes in the city of San Diego for $550K each with the ability to build up, or add an ADU to each of them? This is the best value available. Value add opportunity in the redevelopment zone. You can add sq… Read More footage to existing homes. And, you can add Adu's to each unit with room to expand. Potential to split lots and sell separately. Discover this outstanding investment opportunity on a corner lot with views of Coronado. Featuring two remodeled homes, each with their own fenced yards and separate entrances. The first unit offers two bedrooms and one bath, Garage while the second unit includes two bedrooms and one bath. Both units showcase newer kitchens, bathrooms, doors, water heaters, wall heaters, and fresh paint. Additional upgrades include new flooring in the Gamma St unit and beautifully restored oak floors in the 40th St unit. Both units currently rented by amazing long term tenants, both paid rent through covid and are low maintenance. This property is ideally located close to major freeways, Downtown San Diego, the Convention Center, Petco Park, and Seaport Village, enhancing its potential as an Airbnb or a live-in plus rental scenario. Tenants currently pay for electric and gas, adding to the investment appeal. With separate outdoor spaces for each unit, this property combines privacy with convenience, making it an excellent choice for both investors and those seeking a versatile living arrangement. Read Less
Listing Snapshot
Days Online
77
Last Updated
Property Type
Other
Lot Size
0.16 Acres
Year Built
1927
MLS Number
250022037SD
30 Days Snapshot Of 92113
$666k
-8%
(avg) sold price
12
+100%
homes sold
59
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1927, Levels: One, 1 story, 3 buildings
Cooling
None
Heating
NaturalGas
Income
Net operating income: $14,076
Lot
0.1626 acres, 7,085 square feet, Size: 7,085
Property
Zoning: R-2:MINOR
Roof
Composition
Tenant Pays
Electricity, Gas
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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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