3560-62 Island Ave, SAN DIEGO
SAN DIEGO Home Sale
3560-62 Island Ave is a turnkey 2-unit property in San Diego, situated on an over 7,000 square foot lot, comprising a highly updated 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit, each with their own private yard, generating $6490/month. The flooring, plumbing, electrical, appliances, and the roof have been completely replaced throughout the property, totaling close to 200k of updates in the last couple of years. With a prime location in San Diego, this investment offers steady rental income potential, with Complete Communities zoning, allowing for a Floor Area Ratio of 6.5, presenting exciting opportunities for future development or expansion. This turnkey investment promises long-term appreciation in San Diego's strong rental market, making it an attractive opportunity for investors seeking a well-maintained multi-unit property with development potential on a large lot.
Property Details
Additional Information
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- City:
- SAN DIEGO
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- County:
- San Diego
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- Zip:
- 92102
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- MLS® #:
- 240013035
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- Bedrooms:
- 5
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- Bathrooms:
- 3
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- Lot Size:
- 0.17
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- Neighborhood:
- SAN DIEGO (92102)
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Listing information last updated on August 25th, 2024 at 3:30am PDT.