3418-20 Monroe Ave Pending

San Diego,CA 92116

$ 1299000

4 Beds

3 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision Normal Heights

MLS Listing ID 240023397

Bedrooms 4

Year Built 1928

Property Sub-Type Res Income 2-4 Units

Property Description

LOCATION! HI demand Normal Heights! CASH FLOW 120k annual income as Short & Midterm Rentals. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV!

Location

State CA

County San Diego

Community Laundry Facilities

Area Metro Uptown

Zoning R-3:RESTRI

Interior

Heating Fireplace,Wall/Gravity,Other/Remarks

Cooling Wall/Window,Other/Remarks

Fireplaces Number 4

Exterior

Fence Full

Utilities Available Sewer Connected

View Y/N Yes

View Evening Lights

Roof Type Composition,Tile/Clay

Building

Story 1

Water Meter on Property

Others

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