Variance granted 2-4 Units. Seize the Moment: Secure Your Financial Future Today! Strategically located property with two meticulously designed homes, ensuring high tenant satisfaction. Renovated front home from the 1960s and a modern ADU in the back offer contemporary living standards and privacy. Both units feature solar panels and artificial turf, minimizing operating costs. With the potential for tax-deferred exchanges and a hedge against inflation, this opportunity promises enduring wealth accumulation in the dynamic real estate market. Anybody can benefit: house-hackers, multi-gen living arrangements or share with your BFF! Prime Investment Opportunity: Strategically situated in a sought-after location, this property boasts not one, but two full-sized homes meticulously designed for optimal tenant satisfaction. With a nod to modernity, these units feature desirable floor plans and contemporary amenities, ensuring high occupancy rates and consistent cash flow. The front home, originally constructed in the 1960s, has been thoughtfully renovated to meet modern standards, while the back unit, permitted as an ADU in 2020, comes equipped with a state-of-the-art mini-split system. Adding to the allure of this investment, both units are outfitted with solar panels, offering substantial long-term savings on utility expenses. In anticipation of rising inflation, real estate stands as a stalwart hedge against economic uncertainty, making this property an even more compelling investment opportunity. Moreover, with the flexibility to cater to various living arrangements, from house-hackers to multi-generational occupants, and the potential for tax-deferred exchanges through the 1031 exchange program, this offering presents a gateway to enduring wealth accumulation. The property's solar panels and artificial turf result in lower operating costs, maximizing profitability. Seize the chance to capitalize on the promising returns this property promises in the ever-evolving real estate landscape.
|
DAYS ON MARKET
|
20
|
LAST UPDATED
|
5/7/2024
|
|
TRACT
|
Clairemont
|
YEAR BUILT
|
1992
|
|
COMMUNITY
|
Clairemont Mesa
|
COUNTY
|
San Diego
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to May 7, '24
|
$1,675,000
|
| May 7, '24 - Today |
$1,599,000 |
| AIR |
See Remarks |
| AIR CONDITIONING |
Yes |
| AREA |
Clairemont Mesa |
| BUYER'S BROKERAGE COMPENSATION |
2.000 % |
| HOA DUES |
0 |
| SUBDIVISION |
Clairemont |
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Listed with LENSKA Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/16/24 6:17 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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