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