324 49th Street

San Diego, CA 92113

$1,299,000

Listed Price
6

bed Beds

3

shower Baths

2,312 sqft

straighten $561 / sqft

1948

calendar_month Built

Property Description

Here's a unique opportunity: reside in the front house while leasing out the two rear units to ease your mortgage burden. Alternatively, utilize the back residences for extended family or parental accommodation. This property comprises three distinct houses, offering flexibility for multi-family living or a live-and-rent arrangement. Notably, obtaining conventional loans for the property provides added financial flexibility, with the two additional houses offering potential for rental income to assist with mortgage payments. All units have undergone substantial renovations within the past four years, showcasing contemporary amenities including tiled kitchens and baths, as well as new cabinets, vanities, and appliances. Each of the three houses has been meticulously upgraded, boasting two bedrooms and one bathroom, set on a generous 8,856 square foot lot. Benefiting from favorable zoning, there exists the opportunity to expand further by adding multiple additional units. Envision capitalizing on its potential by adding extra floors to each house or crafting a 3 or 4-story structure in between them. Presently, the property generates substantial rental income, averaging $2,700 per unit monthly. This adaptability caters to diverse living arrangements, rental income streams, or investment ventures. Moreover, the property offers flexible delivery options: it can be presented vacant for investors or with tenants, including the added convenience of one year of included property management. This adaptability renders it an appealing choice for a range of investment strategies

Interior Features

Bedroom Information
Bedrooms 6
Bathroom Information
Bathrooms 3
Interior Information

Listing Information

Address 324 49th Street
City San Diego
State CA
Zip 92113
County San Diego
Listing Agent Amir Miraftab DRE#01860748
Co-Listing Agent Suzanne Svahn DRE#01956941
Courtesy Of eXp Realty of California, Inc.
MLS 240012291SD
List Price $1,299,000
Status Active
Type Residential
Subtype Condominium
Structure Size 2,312
Lot Size N/A
Year Built 1948
DOM 1

Exterior Information

Maps

Listing information courtesy of: Amir Miraftab, Suzanne Svahn, eXp Realty of California, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 1st, 2024 at 10:00 AM 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.