3560 Island Ave

San Diego, CA 92102

$1,199,000

Listed Price
N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1980

calendar_month Built

Property Description

3560-62 Island Ave is a turnkey 2-unit property in San Diego, situated on an over 7,000 square foot lot, comprising a highly updated 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit, each with their own private yard, generating $6490/month. The flooring, plumbing, electrical, appliances, and the roof have been completely replaced throughout the property, totaling close to 200k of updates in the last couple of years. With a prime location in San Diego, this investment offers steady rental income potential, with Complete Communities zoning, allowing for a Floor Area Ratio of 6.5, presenting exciting opportunities for future development or expansion. This turnkey investment promises long-term appreciation in San Diego's strong rental market, making it an attractive opportunity for investors seeking a well-maintained multi-unit property with development potential on a large lot.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 3560 Island Ave
City San Diego
State CA
Zip 92102
County San Diego
Listing Agent Daniel Sipher DRE#02043589
Courtesy Of JLM Real Estate Inc.
MLS 240013035SD
List Price $1,199,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 7,200
Year Built 1980
DOM 17

Exterior Information

Maps

Listing information courtesy of: Daniel Sipher, JLM Real Estate Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 24th, 2024 at 12:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.