320-24 S 49th Street

San Diego, CA 92113

320-24 S 49th Street stands out as an exceptional opportunity in an Opportunity Zone, in harmony with the Complete Communities Plan. This property encompasses three fully upgraded 2-bedroom, 1-bath houses on an expansive 8,856 square foot lot. Unlocking its potential, envision adding an extra floor to each house or constructing a 3 or 4-story structure within the spacious grounds in the open space in between houses. Notably, all units have undergone significant renovations within the last 4 years, showcasing modern amenities such as tiled kitchens and baths, new cabinets, vanities, and appliances. Currently generating robust rental income averaging $2,700 to $2,800 per unit monthly, this property offers versatility. It suits multi-generational living, income generation through rentals, or serves as an enticing investment opportunity. Moreover, the flexibility extends to delivery options: it can be presented vacant, an attractive prospect for investors, or with tenants, with the added convenience of one year of included property management. This versatility makes it an appealing choice for various investment strategies.

This is an Active listing.

Broker Office Phone Number: 888-584-9427

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