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JUST LISTED in San Diego

$2,250,000
240019756 MLS ACTIVE Status 39th St Apartments BLDG.
Fully renovated and leased out 5-Unit property in Cherokee Point. 3 detached craftsman cottages and 2-story Duplex in the back (5 units total). Community is fully landscaped with outdoor spaces, dog run, auto sprinklers to keep it looking great and a block wall privacy and security gate. All three detached cottages are 2 bd/1ba with private patio/yards and laundry hookups. There are 4 single car garages that can be converted into 2 additional 1bd/1ba units. PLUS a great common space for each unit to have as their own outdoor seating or entertaining area. Inside the cottages have been totally renovated with new kitchens cabinets and countertops, sinks, new appliances, new flooring, new lighting, new flooring, fresh paint, and AC & heat system. The duplex consists of (2) 1bd/1ba units also completely renovated and share a common laundry room downstairs. Fully gated & safe community with privacy from the neighbors with mature tall trees. Less than one block to park and school. This property has tons of opportunity to live in a unit and rent out the rest or for multigenerational living. Units are fully released out with 12 month contracts at market rates making its easy for an investor to start earning cash flow immediately. Property selling at 5.86% cap rate with current expenses and sales price. A feasibility study was conducted showing the cost and timeline for the garage conversions. Also the property is located in a TPA zone allowing you to build up to 16 additional units on the property. The feasibility study shows that information as well.

4114 39th St, East San Diego

$899,000
5 Beds 3 Baths PTP2404854 MLS ACTIVE Status
Discover the epitome of modern living in this fully remodeled, custom-designed 3-bedroom, 2-bathroom home, complete with a 2-bedroom, 1-bathroom accessory dwelling unit (ADU) in the heart of San Diego. Situated on a large lot, this property offers a unique blend of luxury and functionality, perfect for multi-generational living or generating rental income. With a bonus room/office in the backyard and paid-off solar panels, this home is as efficient as it is stunning. Step into the main house and be greeted by an open-concept floor plan that seamlessly blends contemporary elegance with practical living spaces. The custom kitchen is a chef's dream, featuring stainless steel appliances, quartz countertops, and custom cabinetry. The spacious living and dining areas are perfect for entertaining, with large windows that flood the space with natural light and offer picturesque views of the landscaped yard. The master suite is a private retreat, complete with a luxurious en-suite bathroom boasting a walk-in shower, dual vanities, and high-end finishes. The additional two bedrooms are generously sized, offering ample closet space and versatility for family, guests, or a home office. Both bathrooms have been meticulously renovated with modern fixtures and designer touches, ensuring a spa-like experience every day. The ADU is a standout feature, providing an ideal living space for extended family, guests, or tenants. With its own separate entrance, this 2-bedroom, 1-bathroom unit offers privacy and independence, featuring a well-appointed kitchen, comfortable living area, and stylish

2333 Ridge View Drive, East San Diego

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