FHA ASSUMABLE LOAN AT 3.875% & CASH COW PROPERTY! Motivated Seller and Incredible Opportunity! Zoning Permits for up to 30ft Max Structure Height, thanks to Complete Communities, Unlimited Potential! Live In One and Rent Out the Other, Lay Back and Watch the Endless Cash-Flow, or Build the investment of your DREAMS, Thanks to TPA too! Your Beautiful Modern Craftsman Homes offers 2700 Additional Buildable Square Footage Not Including the THREE STRUCTURES Already On the Premise (That Can Be Built to 3-Stories EACH!) Both Units Have Been Renovated in 2022 and The Front Home Has Been a Successful AirBnB for a Year (Grossing Roughly $116,628, just the front home Maintaining an Occupancy Rate of 93%!) and Back Unit is Tenant Occupied and Has a Potential AirBnB Gross Profit of $54,120! Detached Garage Serves As An Easy Conversion to a 1-Bedroom Unit!! Neither Home Spares Any Expense in Upgrades! French Oak Floors, Light and Bright Kitchen With Beautiful Overhang Island, Resort-Style Master Bathroom with 12 SHOWER HEADS (Including 2 Rainfall Shower Trims), Spanish Tile in Both Bathrooms, Smart HALO Dimmable Can-less Lights Throughout, and HUGE Front & Back Yards, Custom Painted North Park Mural! Back Home has Hard Oak Floors, Calcutta Unique Countertops, and a European Flow! 3 min Walk to 30th Street, 5 min Walk to Hillcrest, 3 min Walk to Balboa Park, and 5 min Drive to Downtown! Taking Over this Substantial Property Can Bring in a Profit of $170,748/$14,229 per Month!!! Hard to Ask for a Better Opportunity! Check out the Virtual Tour to see the Renovations of 3782 (Back House)
Welcome to this turn-key four-unit property (2 Units + 2 ADUs) + a bonus 5th non-conforming unit located in the popular North Park neighborhood of San Diego. This property consists of 1 Duplex top/bottom with 2 identical 3 bed 2 baths, 2 new construction ADUs both 1 bed 1 bath, and a 5th non-confirming 1 bed 1 bath unit. This is an excellent opportunity for an owner-occupant or a savvy investor. This property could bring in upwards of $12,000+ in gross long-term rents or push that further by having a mix of short-term and long-term rentals. With a location that is second to none, you can walk to everything North Park has to offer, including amazing restaurants, shopping, bars, parks, and canyon hiking trails. Strategic financing options are available for owner-occupied and non-owner-occupied purchasers - VA, Conventional, DSCR, and non-QM financing are all available!
**Deed Restricted Unit** Buyer must meet income and qualifications guidelines. Fabulous opportunity to own a home in the sought-after La Boheme complex, ideally located in the heart of North Park. This condo offers impressive features including in-unit laundry, central heating/air, and laminate flooring throughout. Step outside to a charming courtyard patio with a retractable screen door for enjoying the outdoors. Upgrades include custom built-in floor-to-ceiling cabinets in the dining area and second bedroom providing ample storage space. The unit also includes two gated underground parking spaces and additional storage. The complex features a gym, rec room, sauna, hot tub, and an on-site manager. Conveniently located near University Ave, close to restaurants, bars, and shops.
**Deed Restricted Unit** Buyer must meet income and qualifications guidelines. Fabulous opportunity to own a home in the sought-after La Boheme complex, ideally located in the heart of North Park. This condo offers impressive features including in-unit laundry, central heating/air, and laminate flooring throughout. Step outside to a charming courtyard patio with a retractable screen door for enjoying the outdoors. Upgrades include custom built-in floor-to-ceiling cabinets in the dining area and second bedroom providing ample storage space. The unit also includes two gated underground parking spaces and additional storage. The complex features a gym, rec room, sauna, hot tub, and an on-site manager. Conveniently located near University Ave, close to restaurants, bars, and shops.
4349-55 Arizona St San Diego CA 92104 APN#445-351-06-00 to be included in the sale. We are pleased to present this amazing opportunity with multiple value add opportunities and strong existing income ($20,650 monthly gross income). This site presents an increasingly rare urban infill opportunity to purchase two 7,000 SF lot (approx. 14,000 SF), with (8) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. The base zoning on this lot is RM-3-9 allowing for residential development with a 60-foot height limit, 2.7 FAR, and a density of 1 per 600 Sf. To increase density further, the micro unit density bonus can be used to double the existing density, or the Complete Communities program can be used to build 96 units. Alternatively, the current structures include (8) garages that can be converted to (4) ADUs. The units feature fully renovated interiors with W&D's in each and private fenced yards for all units.
Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $12,940 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex. Utah St has plenty of onsite parking both in front atn on alley as well as in unit washer and dryers. Its a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property.
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