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$ 1,299,000
Est. payment | /mo
3 Beds
3 Baths
4,476 Sqft Lot
$ 1,299,000
Est. payment | /mo
3 Beds
3 Baths
4,476 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision South Park (304)
MLS Listing ID 250040721
Bedrooms 3
Full Baths 3
Year Built 1926
Lot Size 4,476 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This pride-of-ownership triplex has been meticulously maintained and offers rare flexibility for investors, developers, or savvy owner-users. Live in one unit and rent out the other two to offset your mortgage—an ideal setup to leverage residential financing while generating income. All three units are currently tenant-occupied on month-to-month leases, providing immediate cash flow with upside for rent increases or future redevelopment. Zoned Tier 3 under San Diego's Complete Communities program (FAR 6.5), the property has strong density potential. It's also located in a Qualified Opportunity Zone, potentially offering valuable tax incentives for qualified buyers. Additional features include a large detached garage, on-site laundry, mature landscaping, and timeless architectural charm. Just minutes from Downtown, the airport, and major freeways (5 & 94), and walkable to the restaurants, coffee shops, and boutiques of both Golden Hill and South Park—this is a standout opportunity in one of San Diego's most dynamic urban neighborhoods.
Location
State CA
County San Diego
Area Metro Central
Direction USE GPS
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Rolled/Hot Mop
Building
Story 1
Level or Stories 1
Others
Tax ID 539-484-19-00
Listed by Daniel J Fefferman Define Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "