Income-producing triplex in Mount Hope offers strong rental performance and flexible tenant arrangements ideal for investors seeking both immediate cash flow and long-term appreciation. Tis fully occupied property features a 3-bed/1-bath, a 2-bed/1-bath, and a fully permitted studio ADU. Current yielding a CAP rate of 5.6% based on the asking price with opportunity for growth. This solid return is further supported by the property's central location, just minutes from freeways, downtown, and Balboa Park, adding tenant appeal and long-term growth potential. Off-street parking for six vehicles enhances resident convenience, while the lot's R-2 zoning and configuration support varied use strategies. Whether you're a seasoned investor or an owner-occupant looking to offset living costs, it combines stability, upside, and location in one package. **Fully permitted ADU was built in 2024. All units have new water heaters.
|
DAYS ON MARKET
|
12
|
LAST UPDATED
|
7/28/2025
|
|
YEAR BUILT
|
1946
|
COMMUNITY
|
92102 - San Diego
|
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| APPLIANCES |
Electric Oven, Gas Range, Range Hood, Refrigerator, Water Heater |
| AREA |
92102 - San Diego |
| HEAT |
None |
| LOT |
6098 sq ft |
| LOT DESCRIPTION |
Rectangular Lot |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
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Listed with Coldwell Banker 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 8/8/25 4:37 AM 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 2025.
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