Charming North Park 2-in-1 Property with Income-Generating Potential This versatile North Park gem features two income-producing units, making it an ideal investment in one of San Diego’s most desirable neighborhoods. The front unit, a 2-bedroom, 1-bath, is a standout on Airbnb and VRBO, consistently earning 5-star reviews and generating an impressive $7,000 per month at 70% occupancy. Guests love the updated flooring, sleek new kitchen cabinets, refreshed bathroom, and stylish doors. The unit also offers its own washer/dryer and a charming front yard, making it a welcoming retreat for visitors. The rear unit, another 2-bedroom, 1-bath, is currently leased at $2,900 per month on a flexible month-to-month agreement. It boasts the same modern upgrades as the front, including updated flooring and a fresh kitchen, along with its own washer/dryer and a private backyard for added seclusion. Both units have separate gas and electric meters, while sharing a water meter to keep costs efficient. This property is a fantastic opportunity to own a profitable investment in the heart of North Park, offering excellent rental potential and flexibility.
DAYS ON MARKET
|
53
|
LAST UPDATED
|
9/13/2024
|
TRACT
|
North Park
|
YEAR BUILT
|
1963
|
COMMUNITY
|
North Park
|
GARAGE SPACES
|
1.0
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
Prior to Sep 13, '24
|
$1,495,000
|
Sep 13, '24 - Today |
$1,398,000 |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
APPLIANCES |
Convection Oven, Counter Top, Dishwasher, Disposal, Free-Standing Range, Freezer, Gas Oven, Ice Maker, Microwave, Refrigerator |
AREA |
North Park |
CONSTRUCTION |
Wood Siding |
GARAGE |
Carport, Driveway, Other, Yes |
HEAT |
Forced Air, Natural Gas |
INTERIOR |
All Bedrooms Down, Entrance Foyer, Walk-In Pantry |
LOT |
4285 sq ft |
PARKING |
Carport,Driveway,Other |
POOL DESCRIPTION |
None |
STORIES |
1 |
STYLE |
Craftsman |
SUBDIVISION |
North Park |
WATER |
Public |
ZONING |
R-2:MINOR |
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Listed with Berkshire Hathaway HomeServices California Properties
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 10/29/24 6:28 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
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