970 Hanover Street #72, San Diego, CA 92114

San Diego, CA 92114,970 Hanover Street #72

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Glen Henderson

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

$900,000

Est. payment - /mo

4 Beds

2 Baths

1,338 SqFt

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UPDATED:

10/23/2024 12:51 AM

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,338 sqft

Price per Sqft $672

Subdivision Encanto

MLS Listing ID SW24218013

Style Townhome

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1930

Lot Size 0.552 Acres

Acres 0.5523

Type of Financing Cash,Conventional,Exchange,FHA,Lease Option,Seller May Carry,VA,Cash To Existing Loan,Cash To New Loan,Submit

Property Description

Seller will carry with 10 percent down at a 5.5 percent interest rate. No bank approval needed. Amazing opportunity to get into a duplex with an unpermitted Tiny Home ADU in the back as a third unit. You could absoulety house hack this property and have a small mortgage or no mortgage at all after renting out the tiny home and the top unit. The top unit has a tenant that has been there for 3 years and has always paid rent on time. Tenant just went month to month starting in October after their year lease ended. They would like to stay if possible. There are great views of downtown SD from the top unit. The bottom unit is vacant and ready to be rented out. Each unit is seperately metered and the tiny home is hooked up to the 972 unit. Both units are 2 bedroom 1 bathroom units. The tiny home is 2 stories with a loft upstairs that is perfect size for a bed and some storage. It has a toilet and shower in the bathroom, and a sink in the living room with a vent and space for a small cook top. The home also comes with plans to build a 1200sq ft ADU in the back. The property is almost a half acre with plenty of room to expand and develop for even more cash flow. I have all the disclosures, property inspection, everything you would need to do your due diligence.
Seller will carry with 10 percent down at a 5.5 percent interest rate. No bank approval needed. Amazing opportunity to get into a duplex with an unpermitted Tiny Home ADU in the back as a third unit. You could absoulety house hack this property and have a small mortgage or no mortgage at all after renting out the tiny home and the top unit. The top unit has a tenant that has been there for 3 years and has always paid rent on time. Tenant just went month to month starting in October after their year lease ended. They would like to stay if possible. There are great views of downtown SD from the top unit. The bottom unit is vacant and ready to be rented out. Each unit is seperately metered and the tiny home is hooked up to the 972 unit. Both units are 2 bedroom 1 bathroom units. The tiny home is 2 stories with a loft upstairs that is perfect size for a bed and some storage. It has a toilet and shower in the bathroom, and a sink in the living room with a vent and space for a small cook top. The home also comes with plans to build a 1200sq ft ADU in the back. The property is almost a half acre with plenty of room to expand and develop for even more cash flow. I have all the disclosures, property inspection, everything you would need to do your due diligence.

Location

State CA

County San Diego

Community Encanto

Area Encanto (92114)

Zoning RS-1-6

Interior

Equipment 6 Burner Stove

Appliance 6 Burner Stove

Exterior

View City Lights

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Schools

Elementary Schools San Diego Unified School District

Middle Schools San Diego Unified School District

High Schools San Diego Unified School District

Others

Monthly Total Fees $2

Miscellaneous Gutters

Acceptable Financing Cash, Conventional, Exchange, FHA, Lease Option, Seller May Carry, VA, Cash To Existing Loan, Cash To New Loan, Submit

Listing Terms Cash, Conventional, Exchange, FHA, Lease Option, Seller May Carry, VA, Cash To Existing Loan, Cash To New Loan, Submit

Special Listing Condition Standard

CFD/Mello-Roos Fee $34

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Listed by Matthew Schaeffer • Arrive Real Estate

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

970 Hanover Street #72 San Diego, CA 92114

Glen Henderson

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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