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Emma Verhoeven

emma@verhoevenrealty.com +1(714) 360-8712

$ 949,000

Est. payment | -/mo

8,276 Sqft Lot

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$ 949,000

Est. payment | -/mo

Save Virtual Tour

8,276 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Imperial Beach

MLS Listing ID 260007028SD

HOA Y/N No

Year Built 1943

Lot Size 8,276 Sqft

Property Description

Rare opportunity to own a high income producing investment property with strong cap rate potential. The property consists of two legal units and one additional unit with unknown permit status, for a total of three units.The front unit is a 2 bedroom 1 bathroom approximately 600 square feet. The main unit is a 2 bedroom 2 bathroom approximately 700 square feet and has just been fully remodeled. It is currently vacant and ready for a new tenant at market rent. The rear unit is a 1 bedroom 1 bathroom approximately 300 square feet with permit status unknown.Two units are currently occupied, providing immediate rental income, while the vacant unit offers upside potential for increased cash flow.Zoning allows for up to four units. The seller has already worked with an architect to prepare plans for future expansion, which are available for review.This is an excellent opportunity for investors looking for strong current income with additional development upside.

Location

State CA

County San Diego

Area 92154 - Otay Mesa

Building/Complex Name NK

Zoning R-2:MINOR

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Gas Water Heater

Exterior

Fence Partial

Pool None

View Y/N Yes

View None

Roof Type Composition

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 6270520700

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260007028

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Farid Khayamian Bluxen, Inc. #01835318

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+1(714) 360-8712

emma@verhoevenrealty.com

1729 Dahlia San Diego, CA 92154

Emma Verhoeven

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1729 Dahlia