3418-20 Monroe Ave, San Diego, CA 92116

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Glen Henderson

[email protected] +1(619) 889-7646

$1,299,000

Est. payment - /mo

4 Beds

3 Baths

900 SqFt

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UPDATED:

11/04/2024 07:10 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $1,443

Subdivision Normal Heights

MLS Listing ID 240023397

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1928

Lot Size 4,483 Sqft

Type of Financing Cash,Conventional,FHA,VA

Property Description

LOCATION! HI demand Normal Heights! CASH FLOW 120k annual income as Short & Midterm Rentals. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV!
LOCATION! HI demand Normal Heights! CASH FLOW 120k annual income as Short & Midterm Rentals. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV!

Location

State CA

County San Diego

Community Normal Heights

Area Normal Heights (92116)

Zoning R-3:RESTRI

Interior

Heating Electric

Cooling Wall/Window, Other/Remarks

Fireplaces Number 1

Appliance Fireplace, Wall/Gravity, Other/Remarks

Air Conditioning Wall/Window, Other/Remarks

Exterior

Exterior Feature Stucco

Garage Unit1:N/K Unit2:N/K Unit3:N/K Unit4:N/K

Fence Full

Community Features Laundry Facilities

Complex Features Laundry Facilities

View Evening Lights

Roof Type Composition,Tile/Clay

Complex Features Laundry Facilities

Building

Lot Description Alley Access, Curbs, Public Street, Sidewalks, Street Paved

Story 1

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $7,426

Listing Terms Cash, Conventional, FHA, VA

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Listed by Francesca Levy • Keller Williams La Jolla

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities