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Tamra Frost

[email protected] +1(619) 890-7688

$1,289,000

Est. payment - /mo

4 Beds

2 Baths

5,139 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Normal Heights

MLS Listing ID TR26121591

Bedrooms 4

Lot Size 5,139 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Massive Cashflow Advantage: Seller offering full 2-1 interest rate buydown credit! Located in highly desirable Normal Heights near Von's and Ward Canyon Park, this turnkey duplex is a premium asset for investors or house hackers. Exceptional rental strength with a combined $6,600/month gross income ($3,300 per unit), the finances pencil out at current interest rates. Let the seller buy down your rate and secure this financing advantage. $60K in kitchen, bath and plumbing upgrades. Unique design with each 2 bedroom/1 bath unit, 3671 Madison and 4569 Cherokee, facing a different street for added privacy. Two car detached garage with workshop and one additional outdoor parking space. Potential ADU opportunity. Central heat and air conditioning. Each unit has own washer/dryer. Separate utility meters for gas and electricity. Water metered electronically for each unit. One unit is rented month to month and the other has a lease expiring 8/31/2026. Tenants responsible for all utilities plus water and trash. Abundant outdoor spaces with pavers and pea gravel for entertaining and pets. Kitchens and bathrooms remodeled in 2022. Electrical and plumbing upgrades by previous owner. Mature fruit trees including lemon and avocado. Quiet location. Fully fenced with private spaces for each unit.

Location

State CA

County San Diego

Zoning Public Rec

Direction Meade Ave to Cherokee Ave to Madison Ave

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 4470510200

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

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Listed by Jonathan Minerick, DRE#01523060 Homecoin.com

Nearby School & Business

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Tamra Frost

+1(619) 890-7688

Agent | CA BRE #01870290

Agent CA BRE #01870290

San Diego Communities

3671 Madison Avenue San Diego, CA 92116

Tamra Frost

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information