$899,000
Opportunity knocks in the heart of City Heights! This versatile triplex near Azalea Park offers a rare blend of immediate income, house-hacking potential, and future development upside on a generous 6,300 sq ft lot. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, making it an ideal setup for an owner occupant looking to offset their mortgage while building long-term wealth, or for an investor seeking steady rental income. Beyond its current configuration, the property presents compelling value-add and development potential. Situated within a multi-family/mixed-use zoning area buyers may explore opportunities to increase density, add units, or redevelop (buyer to verify). This opens the door to significant long-term upside for those looking to maximize the site’s potential. Conveniently located near major transit corridors, shopping, dining, and just minutes from downtown San Diego, this is a strategic investment in one of the city’s most dynamic and evolving neighborhoods.
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Listed by Nicole Gilberts with SD Real Estate (858) 717-3353
Property Type
Triplex
Status
Active
MLS Number
PTP2602661
Year Built
1952
Lot Size
6,338 sq ft