Property summary
Exceptional investment opportunity awaits with this meticulously renovated 4-unit apartment complex located in San Diego's desirable Normal Heights neighborhood. This property, situated on a substantial 6,681 square foot lot, consists of three separate buildings: two charming front cottages, each boasting two bedrooms and two bathrooms, and a rear building housing two one-bedroom, one-bathroom units situated above four single-car garages. Completed in 2024, the extensive renovations have resulted in a property generating strong rental income. Adding to its appeal, plans and permits are in place for the addition of two more one-bedroom, one-bathroom accessory dwelling units (ADUs), presenting significant potential for increased revenue. Modern finishes throughout enhance the appeal to tenants, while features such as mini-split systems in the cottages and private yard spaces for select units further contribute to the property's desirability. Built in 1945, this two-story complex offers a blend of classic charm and modern updates, making it an ideal investment for both seasoned investors and owner-occupants seeking a high-return property in a prime San Diego location. The property's address is 4673-77 32nd Street, San Diego, CA 92116, and features a total of 2,427 square feet. The asking price is $2,199,000. The Assessor's Parcel Number (APN) is 439-431-36-00.
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Property description
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