REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 795,000
Est. payment | /mo
7 Beds
6,347 Sqft Lot
$ 795,000
Est. payment | /mo
7 Beds
6,347 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2507378
Bedrooms 7
Lot Size 6,347 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
*Cash buyers or private financing only. 3124 Menlo Ave San Diego presents a unique opportunity for a multigenerational family or investor to acquire a property at a significant price per dwelling and price per sqft discount to market comparables. The property consists of 4 separate entrances and is currently producing $7,175 in monthly rent. The property would be an ideal candidate for an easy SFR + ADU + JDU conversion. The property received a gut remodel in 2016 with significant infrastructure improvements including all new plumbing, electrical, roofs, appliances, bathrooms, and interiors. The primary 3 bedroom dwelling includes a large private front deck, yard, hardwood floors, and central heat. There is one water meter, one gas meter, and one electricity meter. This is a calm, single family zoned pocket of City Heights. There is a total of 5-6 off-street parking spaces with ample on-street parking. The property has a solar roof leased. The lease cost is around 17 cents per KW hour, which is a notable discount from SDGE supplied power. Please call the listing agent for additional details.
Location
State CA
County San Diego
Direction GPS
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 4762221400
Listed by Maxwell Brown Commercial Asset Advisors
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