2 Beds
1 Bath
857 SqFt
Active
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.
Property Details | ||
|---|---|---|
| Price | $999,000 | |
| Bedrooms | 2 | |
| Full Baths | 1 | |
| Half Baths | 0 | |
| Total Baths | 1 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Detached | |
| Stories | 1 | |
| Year Built | 1913 | |
| Subdivision | normal heights | |
| Roof | Shingle | |
| Heating | N/K | |
| Lot Description | Canyon/Valley | |
| Laundry Features | Garage | |
| Pool features | N/K | |
| Parking Description | Detached | |
| Parking Spaces | 6 | |
| Garage spaces | 2 | |
| Association Fee | 0 | |
Geographic Data | ||
| County | San Diego | |
| Market Area | Metro Uptown | |
Address Information | ||
| Address | 3535 Eugene Pl, San Diego, CA 92116 | |
| Postal Code | 92116 | |
| City | San Diego | |
| Cross Street | East Mountain View Drive | |
| State | CA | |
| Country | United States | |
Listing Information | ||
| Listing Office | Cypress Realty & Mortgage | |
| Listing Office Phone | 760-438-5900 | |
| Listing Agent | Christopher Luna | |
| Listing Agent Phone | 760-438-5900 | |
| Ownership | Fee Simple | |
| Terms | Exchange | |
| Virtual Tour URL | https://www.propertypanorama.com/instaview/snd/240005834 | |
MLS Information | ||
| Days on market | 38 | |
| MLS Status | Active | |
| Listing Date | Mar 18, 2024 | |
| Listing Last Modified | Apr 25, 2024 | |
| Tax ID | 440-250-05-00 | |
| MLS Area | Metro Uptown | |
| MLS MLS area minor | NORMAL HEIGHTS | |
| MLS # | 240005834 | |
This information is believed to be accurate, but without any warranty.