3560 Island Ave, San Diego, CA 92102
-
Listed Price :
$1,199,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1980
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. |
List Price |
$1,199,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
7,200 |
Year Built |
1980 |
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.