See all 41 photos
41 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mike Jones
Whole Life Property Management San Diego
mikejonessandiegorealtor@gmail.com +1(480) 326-9233$1,150,000
Est. payment /mo
3 Beds
4 Baths
876 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 876 sqft
Price per Sqft $1,312
Subdivision City Heights
MLS Listing ID 250025606
Bedrooms 3
Full Baths 4
HOA Y/N No
Year Built 1941
Lot Size 6,193 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
3517-19 Menlo Ave features 3 fully renovated units that are currently generating impressive revenue metrics through both short term and long term rentals. The unit mix of the property consists of (1) 2bd/2ba unit, (1) 1bd/1ba unit, and (1) studio. Over the past 12 months, the 3 units reported $118,853 in total gross earnings through the combination of short and long term rentals. This property has been ideal for visitors that are in search of a peaceful vacation rental in metro San Diego that is within close proximity of all major sights and scenes that San Diego has to offer. For this reason, finding success through long term rentals with this property is also available to an investor that decides to do so. Especially due to its proximity to downtown and other major employment hubs. The property will also be delivered with plans for (2) 700 square foot ADUs in the back. The plan is for 2 stories, each with 2 bedrooms/1 bathroom and a private deck for the second floor unit. The studio is unpermitted but there is an official lease attached to it.
Location
State CA
County San Diego
Community City Heights
Area East San Diego (92105)
Building/Complex Name City Heights
Interior
Cooling Other/Remarks
Fireplaces Number 3
Exterior
Exterior Feature Other/Remarks
Fence Other/Remarks
Roof Type Other/Remarks
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Special Listing Condition Other/Remarks
Read Less Info
Listed by Jason J Lee • JLM Real Estate Inc