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2 Beds

1 Bath

857 SqFt

Active

Great investment opportunity in Normal Heights to maximize a large 15,000SF lot to build 3 x 1200SF ADU's. Many different avenues an investor can take to get rents over $15,000/month by the time the entire property is developed to its highest and best use. Turn a single-family home property into a 4 unit in a neighborhood that is set to appreciate big time. A savy investor may choose to remodel the front house and move in while they get plans and permits approved to build 3x 1200SF ADU's in the backyard. Upon stabilization an investor could rent 3 units at market rate and the 4th unit as an affordable unit using San Diego code. Verify all with your architect.

Property Details
Price $999,000
Bedrooms 2
Full Baths 1
Half Baths 0
Total Baths 1
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 1
Year Built 1913
Subdivision Normal Heights
Roof Shingle
Heating Natural Gas,None
Laundry Features Gas Dryer Hookup,In Garage
Pool features None
Parking Description Concrete
Parking Spaces 6
Garage spaces 2
Geographic Data
Directions Cross Street: East Mountain View Drive.
County San Diego
Latitude 32.769208
Longitude -117.115485
Market Area 92116 - Normal Heights
Address Information
Address 3535 Eugene Pl, San Diego, CA 92116
Postal Code 92116
City San Diego
State CA
Country United States
Listing Information
Listing Office Cypress Realty & Mortgage
Listing Agent Christopher Luna
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Virtual Tour URL https://www.propertypanorama.com/instaview/snd/240005834
MLS Information
Days on market 38
MLS Status Active
Listing Date Mar 18, 2024
Listing Last Modified Apr 25, 2024
Tax ID 4402500500
MLS Area 92116 - Normal Heights
MLS # 240005834SD

This information is believed to be accurate, but without any warranty.
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