Residential Income For Sale – – – – Price $1,299,000 – 240023397
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!

Features
: 1 story
Address Map
US
California
San Diego
San Diego
92116
Monroe Ave
3418-20
W118° 52' 47.2''
N32° 45' 33.5''
Neighborhood
Neighborhood
Additional Information
32
R-3:RESTRI
Click here!
Francesca
Levy
Keller Williams La Jolla
$0
$0
$0
$0
$0
$0
$0
4,000-7,499 sf
: N/k
Normal Heights
Normal heights
Fallbrook union elementary distr
: Eqpt Owned
Fallbrook union elementary distr
Fallbrook union high school dist
1

Residential Income For Sale

3418-20 Monroe Ave, San Diego, California 92116

4,483 Sqft
$1,299,000
Listing ID #240023397
Basic Details
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!

Status : Pending
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240023397
Price : $1,299,000
Year Built : 1928
Lot Sq Ft : 4,483 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 3
Unit 2 # Bedrooms : 1
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 : 900 Sqft
Unit 2 Estimated SqFt : 370 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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