2778 Island Ave, San Diego, CA 92102

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Property Description

3 units Below Market Value ! Huge Opportunity for high vacation rental income! Beautiful style craftsman Two bedroom two bath with optional third bedroom house with 2 detached manufactured homes. Have plans to permit the manufactured homes. Perfect opportunity for cash investor or general contractor to rehab and update interior on 2 adu units.Minutes to downtown San Diego. 1# unit 2 bedroom 1 bath 2# unit 2 bedroom 1 bath. Zoned for a Potential third bonus adu affordable unit. New permitted owned Solar system The adu homes are fixers and need rehabbing. No Va , conventional or FHA financing. Cash or hard money only Tax records show 938 ft.² for the main single-family detached. Per appraiser with bonus room is 1138 ft.² The permit status is unknown and total square footage for bonus room is unverified by seller. These units are in the Opportunity Zone time! Also in the High Transit,Overlay and Promise zones. The price is firm , so do contact me with any intent to offer less. Cash price is List price . Seller is a licensed a real estate agent


Interior Features

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

Listing Information

Address 2778 Island Ave
City San Diego
State CA
Zip 92102
County San Diego
Listing Agent Jim Majeski DRE #01333737
Courtesy Of Premier Realty Associates
List Price $878,988
Status Hidden
Type Residential Income
Structure Size N/A
Lot Size N/A
Year Built 1929

Listing information courtesy of: Jim Majeski, Premier Realty Associates. *Based on information from the Association of REALTORS/Multiple Listing as of Jun 29th, 2024 at 2:41 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.