Just minutes from Downtown San Diego, this property consists of newly renovated, two revenue generating buildings: a 5 unit SRO structure at 3102 National Ave and 1 single-family residence at 927 S 31st St. Additional opportunity for adding dwelling units, ADU, tiny homes, or RV on the lot The 5 unit building consists of 2 studios and 3 junior one-bedroom unitsthat are fully occupied and furnished. The2 studios rent for $1,650+ while the 3 one bedroom unitsrentsfor anaverageof $1,950. The owner has entered into an arrangement with programs funded by the City and Country, whereby the programs pay the majority of tenant's rent. This guarantees consistent monthly income for new ownership. The detached single-family residence is a 950 square foot, 2-bedroom, 1-bathroom home currently leasing at $2,399 per month. Contact ppatel@dpalaw.comor 619-851-5368 for additionalinformation.
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