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INVESTOR/ACQUISITION MGRS/1031 Dream Home. North Park 5-Star Investment Estate 2 units with opportunity for 3rd. Unit 1 (1,250 sq ft), main house: 4bd/2ba. Unit 2 (331 sq ft): 1 bd/1ba studio w/ private entry. July 2022 (30-Day) Vacation Rental Income: $25,302! City of San Diego has Fully Approved the 3rd Unit 2bd/2ba (Standard ADU, 881 Sqft), so there is massive income potential to construct the 2 Bd / 2 Ba Unit and increase the size of the property to total approximately 2,462 sqft. Design, Architecture, Engineering, and Permits are Included ($110k). Corner lot with 2 car xtra wide garage AND gated tandem parking is rare. Home was remodeled and the original hardwood floors were restored, along with several custom features. 2019 roof & electrical panel. Interior is absolutely gorgeous and has been a top short term rental due to the large backyard, parking, and proximity to airport, zoo, Navy bases, and eateries. Modern design includes Quartz Countertops, Slow-Closing Hardwood Cabinets, and en-suite master with dual sinks. This estate has an Oversized 2-Car Garage/Workshop with Tesla EV Charger, and it also has 2-Car Gated Carport (total 4-Car Private Parking). The exterior is also incredibly chic, with Expansive Private Backyard and Built-In Patio Bar. Turn-Key Investment Real Estate in San Diego is difficult to find, and if your desire is to live in one unit and rent the other(s) or rent the entire estate, or construct the 3rd Unit and turn this Duplex into a Triplex. Some photos are architectural renderings with virtual staging. Buyer(s) to verify and approve all data, reports, records, inspections, permits, MLS, HOA, if applicable, and all information pertaining to the property prior to removal of contingencies. All contracts/offers are subject to seller approval and any offers or counteroffers by seller are not binding unless the entire agreement is ratified by all parties.
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Listing Agent: Kara Peter
Listing Office: The Home Company