San Diego, CA 92116,3550-3552 Meade
San Diego, CA 92116,3550-3552 Meade
San Diego, CA 92116,3550-3552 Meade
San Diego, CA 92116,3550-3552 Meade
San Diego, CA 92116,3550-3552 Meade
San Diego, CA 92116,3550-3552 Meade
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$915,000

$900,000

1.7%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

818 SqFt


SOLD DATE : 11/05/2021

Key Details

Sold Price $915,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 818 sqft

Price per Sqft $1,118

Subdivision Normal Heights

MLS Listing ID 210024423

Sold Date 11/05/21

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1936

Property Description

Gorgeous turnkey property, just a close walk away from downtown Normal Heights and North Park with great vacation rental income. Check out 3D tour. Completely private and fully fenced two detached buildings with lots of charm. Both homes are recently remodelled with wood floors, curved doorways, built in cabinets and modern baths and kitchens. Front home has large fenced private yard, seperate dining room, sliding doors,fans, historic details and mirrored closets. Rear studio unit has private patio, high ceilings, full bath and small kitchen. Parking space available on fenced property. Washer dryer included. Electrical, plumbing, a/c, roofs, windows, doors all installed recently and (fully paid for) solar means sellers have not paid more than $21 for electricity. Property is rented as vacation rental. Front house averages $180/night, 72% occupancy, $47,361 income per year. Back unit averages $101/night, 73%occupancy, 26,886 per year. Property is professionally managed and sellers pay 20% mgmt fee. Potential for self managed property to have higher income. Could sell fully furnished for immediate use. Sale subject to buyer doing 1031 exchange at no expense to buyer.

Location

State CA

County San Diego

Community Normal Heights

Area Normal Heights (92116)

Building/Complex Name None

Interior

Heating Electric

Cooling Zoned Area(s)

Appliance Zoned Areas

Exterior

Exterior Feature Stucco

Fence Full

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Public Street, Sidewalks, Street Paved

Story 1

Lot Size Range 1-3999 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 1 Story

Others

Acceptable Financing Cash, FHA, VA

Space Rent $5,400

Listing Terms Cash, FHA, VA

Financing VA

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San Diego Regional MLS (SDMLS)
Listed by Helen A Grebenc • Big Block Realty, Inc.
Bought with Ryan Trainotti • Tidal Realty
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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