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$ 775,000
Est. payment /mo
New
3416 42nd San Diego, CA 92105
2 Beds
2 Baths
1,106 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 1,106 sqft
Price per Sqft $700
Subdivision City Heights
MLS Listing ID SB26087670
Bedrooms 2
Full Baths 2
Year Built 1950
Lot Size 5,319 Sqft
Property Sub-Type Townhome
Property Description
Excellent value-add investment opportunity! The property consists of two tenant-occupied units on MTM leases currently generating stable, average market rents, offering immediate income with future upside. The front residence is a renovated 2-bedroom, 1-bath home with a private backyard and dedicated driveway providing ample off-street parking. The rear unit is a modest studio situated toward the back of the lot, complemented by a spacious yard and convenient alley accessideal for potential expansion or reconfiguration. Additional income potential is supported by a detached garage currently leased to the front unit. The layout and lot configuration provide flexibility for investors seeking to maximize returns through redevelopment, unit expansion, or ADU addition (buyer to verify all possibilities). An excellent opportunity for investors looking to acquire a performing asset with value-add potential and long-term growth.
Location
State CA
County San Diego
Direction Cross Street: Myrtle Avenue
Interior
Heating Wall/Gravity
Fireplace No
Laundry Washer Hookup
Exterior
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Schools
School District San Diego Unified School Distric
Others
Senior Community No
Tax ID 4543322000
Acceptable Financing Exchange
Listing Terms Exchange
Special Listing Condition Standard
Listed by Anthony (Tony) Rogondino, DRE#02052749 Vista Sotheby’s International Realty