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Key Details
Sold Price $919,500
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision City Heights
MLS Listing ID 240009618
Sold Date 09/24/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1952
Lot Size 6,227 Sqft
Property Description
Prime Opportunity to create cash flow while getting income from a great property. Located on a quiet street at the end of City Heights this 2 unit property offers great cash flow and amazing panoramic views. Each unit currently has assigned parking on site as well a private access. With over $60K in renovations completed in the last 12 months. Looking for more cashflow? Check out the Feasibility Study completed that shows you how to add an additional 5 units to this property using the updated code here in San Diego. Rarely do you get an opportunity for existing income, followed by more income without destroying the home that is there!
Location
State CA
County San Diego
Community City Heights
Area East San Diego (92105)
Building/Complex Name NA
Zoning R-2:MINOR
Interior
Heating Natural Gas
Appliance Wall/Gravity
Exterior
Exterior Feature Stucco
Parking Features Unit1:Attached, Tandem Unit2:Assigned, Gated
Fence Full, Gate
View City, Mountains/Hills, Panoramic, Valley/Canyon
Roof Type Composition
Building
Lot Description Alley Access
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Others
Acceptable Financing Cal Vet, Conventional, FHA, VA
Space Rent $2,500
Listing Terms Cal Vet, Conventional, FHA, VA
Financing Conventional
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Bought with Kevin Haggerty • Keller Williams La Jolla