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Courtesy of Cypress Realty & Mortgage
MLS: 240005834
Status:    Active
Rebate Available*

Great investment opportunity in Normal Heights to maximize a large 15,000SF lot to build 3 x 1200SF ADU s. Many different avenues an investor can take to get rents over $15,000/month by the time the entire property is developed to its highest and best use. Turn a single-family home property into a 4 unit in a neighborhood that is set to appreciate big time. A savy investor may choose to remodel the front house and move in while they get plans and permits approved to build 3x 1200SF ADU s in the backyard. Upon stabilization an investor could rent 3 units at market rate and the 4th unit as an affordable unit using San Diego code. Verify all with your architect.

Listed for $999,000

  • 2 bedrooms
  • 1 bathrooms
  • 857 sq. ft


Contact
760-295-9023
Balboa Real Estate.
CA DRE LIC# 01971429

  • Detached home
  • 45 Days on the Market
  • Built in 1913
  • 1 story
  • Zoning
  • Detached Parking Type
  • 2 Parking spaces
  • 0.50 to 1 Acre
  • Age Restrictions: NK
  • Property Restrictions: None Known
  • Pets Allowed: Unknown
  • Sewer: Sewer Connected
  • Unknown School District*

Features

none cooling Not Known swimming pool Natural Gas heating

Fees and Assessments

HOA fees: $0, Mello Roos Fees: $0, Other fees: $0

Drive By | Get More Info | Make Appt to View | Make Offer

*Rebate only available when offer is presented by a sdReOffers agent and signed exclusive buyers agreement and you follow the offer submission steps. Amount of Rebate will be presented to you before offer is submitted to seller.
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Balboa Real Estate


CA DRE # 01971429

Real Estate for Sale in San Diego County

5256 S. Mission Rd. Suite 703-711
Bonsall, CA 92003
760-295-9024

Balboa Real Estate Netco Title and Escrow HomeDex San Diego MLS