$870,000
$869,999
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0.6 Acres Lot
SOLD DATE : 10/16/2024
Key Details
Sold Price $870,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2404428
Sold Date 10/16/24
HOA Y/N No
Year Built 1930
Lot Size 0.600 Acres
Property Sub-Type Duplex
Property Description
Great duplex opportunity for savvy house hackers! One unit is currently rented, providing immediate rental income, while the other unit is owner-occupied. Live in one unit to drastically reduce your living expenses or maximize your cash flow by renting out both units. This property also offers the potential to build additional units, increasing its investment appeal. Both units in the duplex have been well cared for, featuring open floor plans. Higher ceilings and spacious living areas allow for abundant natural light. Plus, there's an option to assume the current VA loan on this home at a favorable 5.5% interest rate. Don't miss out on the versatility and opportunities this unique property offers to significantly lower your monthly costs while building equity and generating income.
Location
State CA
County San Diego
Area 92114 - Encanto
Zoning R-1:SINGLE FAM-RES
Rooms
Other Rooms Outbuilding, Shed(s)
Interior
Heating Electric
Fireplace No
Appliance Dryer, Washer
Laundry Common Area, Gas Dryer Hookup, See Remarks
Exterior
Parking Features Public
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban
View Y/N No
Private Pool No
Building
Lot Description Sloped Down, Rolling Slope
Story 2
Entry Level Multi/Split
Sewer Public Sewer
Level or Stories Multi/Split
Additional Building Outbuilding, Shed(s)
New Construction No
Others
Senior Community No
Tax ID 5425101900
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Special Listing Condition Standard
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Bought with Matthew Schaeffer Arrive Real Estate