Description
Looking for refuge from the stock market volatility? this is an ideal 3 unit investment opportunity in college east, with plans ready to permit for 4th unit and zoning for more! beautiful 1940 spanish home with 2 back units. plans drawn for 4th 2bd/1ba unit to be built with 2 car garage at back! updated in 2018 - beautiful kitchens, baths and vinyl flooring in all units. large lot of nearly 8000sf. front home was rented in 2023 for $3590/mo lease expires 9/2025. 1bd units have 6 mo leases expiring 10/2025. total current rents of $7530/mo! landlord pays water, and $100 for smaller unit's utilities. this is also an ideal owner occupied opportunity to live in front home and receive rents from back units. each unit has private fenced patio area and own washer/dryer. back units share 5+ alley parking spaces! proposed 4th unit is 950sf plus 2 car garage over alley way with carports for 3 more - plans and surveys to convey to new owner. new zoning may permit up to 6 units. newer roofs on all units in 2018 are reflective white coating. huge opportunity !
Property Type
Residential IncomeCounty
San DiegoStyle
Residential IncomeAD ID
49297671
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Property Appliances: Gas Water Heater
Cooling Features
- Heat Pump,Zoned
- Air Conditioning
Heating Source
- Electric,Natural Gas,Zoned
- Has Heating
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Exterior Features
Building Information
- Year Built: 1940
Pool Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1789
- Lot Size Source: Assessor
- Lot Size Square Feet: 7792
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Listing Information
Listing Price Information
- Original List Price: 1,595,000
- Listing Contract Date: 2025-04-09
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4681612300
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 92115 - San Diego
- Directions: from I-8 70th St South to Mohawk. Alley behind provides separate access to rear units and easy parking . CrossStreet: 70th
- Source Property Type: Residential Income
- Area: 92115 - San Diego
Building and Construction
- Property Age: 85
- Year Built Source: Vendor Enhanced
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 04/18/2025 @ 14:32
- MLS: 250023914SD
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 7,792 sized lot, and 0 parking. are nearby neighborhoods.