Homes for sale - 3517-19 Menlo Ave, San Diego, CA 92105

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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$1,150,000

Est. payment - /mo

3 Beds

4 Baths

876 SqFt

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

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

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Listed by Jason J Lee • Nara Advisors, Inc.

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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