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$1,495,000
7 Days Online

2044 Madison
, CA 92116

For Sale|Multi-Family|Active
Subdivision:
University Heights
County:
San Diego
Listed by Craig Gagliardi of Berkshire Hathaway HomeService ?

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2044 Madison2044 Madison2044 Madison2044 Madison
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Monthly Payment (Est.)

$6,821
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With the RS-1-7 zoning overlay and the benefits of the Complete Communities and Transit Priority initiatives, this fabulous two-on-one is positioned for opportunity. Whether you choose to move into the primary residence and rent the ADU, or explore other options for expansion, the potential for creating multiple rental units is a lucrative investment opportunity. The main residence at 2044 Madison Ave is a stunning craftsman style home with a large wrap-around deck, offering a beautiful and inviting space. Inside, the spacious family room with a cozy fireplace creates a warm and welcoming atmosphere. The eat-in kitchen provides ample counter and cabinet space, perfect for culinary enthusiasts. With two large bedrooms and a full bathroom, this residence offers comfortable living spaces. The existing primary residence may be converted to a duplex using the JADU (Junior Accessory Dwelling Unit) rules. By “carving” out existing space or adding more floor area, the primary residence could be expanded and converted to 2 units. The existing ADU at 4610 Alabama adds even more value to the property. With two bedrooms, one bathroom, a comfortable living room, separate dining room, and a tastefully designed kitchen, this unit is ready to be enjoyed or rented out for additional income. The existing ADU may be converted to 1-2 units, possibly more, see the attached Bulletin from the City of San Diego - page 5, item J. ADU Bonus Program The possibilities for this property are endless as you can customize this property to suit your vision. With the potential for rental units, you can generate a steady income while enjoying the beauty and elegance of your home. Don't miss out on the opportunity to own this rare find in San Diego. Located in the heart of University Heights, this property is surrounded by the vibrant energy of the metropolitan community. From artistic attractions to gourmet restaurants and lush parks, you'll have access to a dynamic urban lifestyle just moments away from your doorstep. Step into a future where beauty and opportunity converge at 2044 Madison Ave. Embrace the harmonious balance of tranquil living spaces and a vibrant community, and experience the full spectrum of urban life in one of San Diego's most desirable locations.

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Listing Snapshot
Price 
$1,495,000
Days Online 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1945
MLS Number 
230018249SD
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
a week agoListing first seen online
General Features
Parking Spaces 
0
Number of Stories 
1
Interior Features
Cooling 
None
Heating 
See Remarks
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Exterior Features
Roof 
Composition
Fencing 
Partial
Community Features
Association Dues 
0
Senior Community 
No
MLS Area 
92116 - Normal Heights
Crmls Logo Real Estate For Sale

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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