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.
240005834SD
Single Family, 1 Story
2
San Diego
1 Full
1913
1
Wood
857
Sq. Ft.
Yes
- 2
spaces
Normal Heights
Bathrooms
1
Total:1
Detailed Room Information
- Bedroom(s)
- Total: 2
- Laundry
- Gas Dryer Hookup,In Garage
Interior Features
- Cooling
- None
- Heating
- Gas Heat. None.
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 6 Parking Spaces. 0 Covered Parking Spaces. Concrete.
- Exterior
- Wood
- Roof
- Shingle
- Pool Description
- None
- Fence
- Partial
Financial Considerations
4402500500
1031 Exchange
Arrows indicate 90 day trend
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