Prime Fixer Upper Property in City Heights. All four units are vacant, There are city code violations. Showings on Monday May 20th between 2-4 pm. No Blind offers will be accepted. Spanning a total of 2588 square feet and situated on a 5506 square feet lot, there's room for… Read More expansion, landscaping, or other value-added improvements. Zoned R4, this property offers flexibility for various development opportunities, allowing for potential expansion or redevelopment projects to maximize its investment potential. Comprising 2 dwellings, the front building features three units. Unit 1: 2+1 First Floor, Unit 2: 2+1 Second Floor, Unit 3: Studio apartment is in the back of the building. Unit 4: A separate back building offers a single 3-bedroom, 1-bathroom unit. All units are currently vacant. This 4-unit fixer upper property presents a lucrative investment opportunity for savvy investors. Boasting a prime location and substantial potential, this property is primed for transformation and profit maximization. This property presents the chance to add significant value through renovation and modernization efforts. With the right vision and execution, investors can unlock the full potential of this property, attracting premium rental rates and enhancing its overall market value. Positioned in a desirable area of San Diego, this property enjoys proximity to amenities, transportation hubs, schools, and recreational facilities, making it an attractive choice for potential tenants and future buyers alike. With strategic upgrades and repairs, the potential rental income for this property is estimated to soar up to $9400+ per month, offering a substantial return on investment. Don't miss out on this chance to turn this diamond in the rough into a profitable asset in your investment portfolio. Read Less
Listing Snapshot
Days Online
156
Last Updated
Property Type
Other
Lot Size
0.13 Acres
Year Built
1923
MLS Number
NDP2404310
30 Days Snapshot Of 92105
$
-11%
(avg) sold price
16
-27%
homes sold
76
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1923, Building area total: 2,588, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
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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