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.
857 Sq Ft
Single Family Home
Built in 1913
MLS/Listing ID 240005834SD
1 Stories
Parking - Concrete
Partial
Listing Courtesy of CYPRESS REALTY & MORTGAGE, CHRISTOPHER LUNA - 916-397-4367
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE