$1,449,000
Newly renovated 3-unit property in the heart of Normal Heights! This turnkey investment features a detached 2-bedroom, 1-bath front house and a rear duplex comprised of two spacious 2-bedroom, 1-bath units. The front house is currently vacant, presenting a unique owner-user opportunity to live in the home while generating passive income from the duplex, or lease the unit at market rent to maximize returns. Extensive recent improvements include renovated interiors, updated kitchens and bathrooms, new appliances, dual-pane windows, foundation upgrades, sewer line improvements, and roof repairs. The duplex units are occupied by great tenants with rents slightly below market, providing built-in rental upside. The property also offers ample off-street parking, a highly desirable amenity in this urban location. Ideally situated near the restaurants, cafes, shopping, and nightlife of Normal Heights, with convenient access to Downtown San Diego and major freeways, this property offers the perfect blend of owner-user flexibility, stable income, and long-term investment potential. Buyer to verify all information. Please do not disturb tenants. For any questions, please contact Stevie Berman at (408)202-0611.
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Listed by Steven Berman with Lee & Associates (760) 929-9700
Property Type
Residential Income
Status
Active
MLS Number
NDP2605230
Year Built
1933
Lot Size
4,896 sq ft