A rare opportunity to own an investment compound featuring three separate residences on an oversized 11,719 sq. ft. lot just minutes from Downtown San Diego. The property includes a spacious 3 bedroom, 2 bathroom main residence, a 1 bedroom, 1 bathroom upstairs unit with neighborhood and city views, and a… Read More detached 2 bedroom, 1 bathroom rear home, offering an attractive unit mix for investors, owner-occupants, and multi-generational living. Currently generating $6,040 per month in gross rental income, all three units are occupied on month-to-month rental agreements, providing immediate cash flow with future flexibility and rental upside. The expansive property features a detached garage, ample off-street parking, generous outdoor space, and an excellent layout with separation between the front and rear residences. Ideally located near El Toyon Park and just minutes from Downtown San Diego, Coronado, the Port of San Diego, Naval Base San Diego, shopping, dining, schools, and major freeways, this property offers outstanding convenience and long-term investment appeal. Whether you're expanding your investment portfolio, looking to offset your mortgage by living in one unit while collecting rental income from the others, or seeking a unique multi-generational living opportunity, this exceptional property delivers versatility, strong in-place income, and exceptional long-term potential. Read Less
Property listed by Atkin Homes Corp., Nick Atkin 760-560-6180
Listing Snapshot
Days Online
3
Last Updated
Lot Size
0.27 Acres
Year Built
2021
MLS Number
260015165SD
Additional Details
Building
Built in 2021, 2 buildings, 2 stories, Levels: Two
Community
Park Name: National City
Cooling
None
Fence
Partial
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $72,480, Net Operating Income: $67,480
Lot
0.269 acres
Roof
Composition
Taxes
Parcel Number: 5570810500, Zoning: R-2
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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