Residential Income For Sale – – – – Price $2,499,995 – 240018908
Property Description

Location! Location! Location! Move in ready. TWO remodeled homes on 1 Large Lot. Beach Lifestyle with Rental Income including Limitless development opportunity in the desirable Crown Point area just 2.5 blocks to Mission Bay. Quiet, private and walkable to most attractions in Pacific Beach/Mission Bay. Only the Second owner, original lot that has never been split up: approx. 9,000 sqft. Both homes are newly remodeled. Main house: Craftsman 3 bd 2 bath. Rare Solid Adobe brick-only a handful of houses in San Diego. Newer everything including roof, AC/Heat, bathrooms, luxury vinyl floors, stainless appliances (w/d), and a high end kitchen w/ custom Exotic Brazilian granite and oversized island. Second House: Beach Bungalow used as 2 bd 1 bath (1bd+office). Both homes fully fenced w/ large yards and separated by a full fence with private driveways w/ dedicated entrances. Front house also has a fenced large front yard. Chance to live, and earn immediate rental income with spare house. Both homes are currently 5 Star reviewed on Airbnb & VRBO. Crown Point is eligible for new owner short term rental licenses. As of 8/10/24, 721 Tier 3 licenses remain (if both properties are rented) and Unlimited Tier 2 (if one house is owner occupied). Front house sleeps 12-14 guests and back house sleeps 6 guests. Buyer can choose to keep both or one properties as short term rentals, or has an option to have Seller cancel short term rentals upon close of escrow. This property is a rare gem with a potential to be an outstanding cash cow and land development. Sold with ALL furniture!

Features
: 1 story
Address Map
US
California
San Diego
San Diego
92109
Oliver Ave
1936
W118° 46' 0.7''
N32° 47' 47.9''
Neighborhood
Neighborhood
Additional Information
23
R-3:RESTRI
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Christopher
Huynh
Svetlana Volkova
$0
$0
$0
$0
$0
$0
$0
7,500-10,889 sf
Pacific Beach
Pacific beach
Fallbrook union elementary distr
: N/k
Fallbrook union elementary distr
Fallbrook union high school dist
1

Residential Income For Sale

1936 Oliver Ave, San Diego, California 92109

9,048 Sqft
$2,499,995
Listing ID #240018908
Basic Details
Property Description :

Location! Location! Location! Move in ready. TWO remodeled homes on 1 Large Lot. Beach Lifestyle with Rental Income including Limitless development opportunity in the desirable Crown Point area just 2.5 blocks to Mission Bay. Quiet, private and walkable to most attractions in Pacific Beach/Mission Bay. Only the Second owner, original lot that has never been split up: approx. 9,000 sqft. Both homes are newly remodeled. Main house: Craftsman 3 bd 2 bath. Rare Solid Adobe brick-only a handful of houses in San Diego. Newer everything including roof, AC/Heat, bathrooms, luxury vinyl floors, stainless appliances (w/d), and a high end kitchen w/ custom Exotic Brazilian granite and oversized island. Second House: Beach Bungalow used as 2 bd 1 bath (1bd+office). Both homes fully fenced w/ large yards and separated by a full fence with private driveways w/ dedicated entrances. Front house also has a fenced large front yard. Chance to live, and earn immediate rental income with spare house. Both homes are currently 5 Star reviewed on Airbnb & VRBO. Crown Point is eligible for new owner short term rental licenses. As of 8/10/24, 721 Tier 3 licenses remain (if both properties are rented) and Unlimited Tier 2 (if one house is owner occupied). Front house sleeps 12-14 guests and back house sleeps 6 guests. Buyer can choose to keep both or one properties as short term rentals, or has an option to have Seller cancel short term rentals upon close of escrow. This property is a rare gem with a potential to be an outstanding cash cow and land development. Sold with ALL furniture!

Status : Pending
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240018908
Price : $2,499,995
Year Built : 1950
Lot Sq Ft : 9,048 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 3
Unit 2 # Bedrooms : 2
Unit 1 # Total Baths : 2
Unit 2 # Total Baths : 1
Unit 1 # of Full Baths : 2
Unit 2 # of Full Baths : 1
Unit 1 Estimated SqFt : 1,700 Sqft
Unit 2 Estimated SqFt : 620 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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