$1,149,900
Pending
1562 sqft | 4 beds | 3 baths | 0.41 acres | #240021886SD
Listing OfficeCompass
Browse 197 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Here's an incredible investment opportunity that combines immediate cash flow with substantial future potential. This fully remodeled property is already a strong performer, featuring two distinct units, each with its own parking and access, ensuring privacy and convenience for tenants. Along with this well-maintained property, you’ll receive an additional 8,811 sqft vacant lot with its own APN right next door, offering enormous upside. The current setup provides an excellent foundation for further development. With the right permits, you can add up to 6 more units: start by securing an "as built" permit for the existing structure, then consider adding 2 ADUs to the first parcel. The bonus lot opens up even more possibilities, including building a duplex with 2 ADUs. Situated in a secluded location off a private cul-de-sac, this property is conveniently close to Navy bases, Downtown and Bayfront development, providing both tranquility and accessibility. Enjoy usable land and stunning views of Coronado and downtown. This property is a rare find, ready for its next owner to unlock its full potential.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • Utility FeaturesWaterAvailable
      • SubdivisionNational City
      • MLS #240021886SD
      • MLS #240021886SD
      • Original List Price$1,199,900
      • CountySan Diego
      • Property TypePurchase
      • Cost1149900
      • Acres0.4131
      • Square Feet1562
      • Year Built1941
      • Bedrooms4
      • Bathrooms3
      • Full Baths3
      • Stories1
      • Parking Spaces2

Location

Wendy Johnson and Janey SmithReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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