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$1,299,000

Beds
6
Baths
3.0
sq ft
2,312

324 S 49th St, San Diego, CA 92113

324 S 49th St

San Diego, CA 92113

  • 31 days on market
Here's a unique opportunity: reside in the front house while leasing out the two rear units to ease your mortgage burden. Alternatively, utilize the back residences for extended family or parental accommodation. This property comprises three distinct houses, offering flexibility for multi-family living or a live-and-rent arrangement. Notably, obtaining conventional loans for the property provides added financial flexibility, with the two additional houses offering potential for rental income to assist with mortgage payments. All units have undergone substantial renovations within the past four years, showcasing contemporary amenities including tiled kitchens and baths, as well as new cabinets, vanities, and appliances. Each of the three houses has been meticulously upgraded, boasting two bedrooms and one bathroom, set on a generous 8,856 square foot lot. Benefiting from favorable zoning, there exists the opportunity to expand further by adding multiple additional units. Envision capitalizing on its potential by adding extra floors to each house or crafting a 3 or 4-story structure in between them. Presently, the property generates substantial rental income, averaging $2,700 per unit monthly. This adaptability caters to diverse living arrangements, rental income streams, or investment ventures. Moreover, the property offers flexible delivery options: it can be presented vacant for investors or with tenants, including the added convenience of one year of included property management. This adaptability renders it an appealing choice for a range of investment strategies

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$562

Year built

1948

Price History

05/31/2024
SanDiego

SanDiego #240012291

Listed
$1,299,000

Schools & Community

Neighborhood: 

Lincoln Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

3

Status: Active

Tomo last checked: 07/01/2024 at 8:25 AM

Listing updated: 06/01/2024 at 10:14 AM

Listed by: Amir Miraftab, eXp Realty of California, Inc. Phone #: (888) 584-9427

MLS: SanDiego #240012291

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