2848-52 Morningside St Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92139
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,104 sqft
Price per Sqft $1,263
Subdivision Paradise Hills
MLS Listing ID 240028708
Bedrooms 6
Full Baths 4
Year Built 1975
Property Description
Variance granted 2-4 Units. MONEY MAKER! Unicorn Alert! 3 units in one building. RARE and valuable investment opportunity! Updated main home is 1,104 sft 3/2 single level with gorgeous canyon views and panoramic sunsets over the Pacific & downtown from your large covered deck that runs the length of the house. 2023 newly built and legally permitted ADUs feature a 2BR ADU 758 sft & 1BR JADU 499 sft. Soundproofed and built for comfort, these two ADUs were taken down to the studs and well built. The west facing JADU also offers beautiful canyon views and gorgeous sunsets. The location is quiet and convenient. Hidden in a serene corner high on a mesa just north of Bonita, it's only a 4 minute drive to Westfield Plaza Bonita, faster to I-805 and 54, and a quick drive to downtown. Significant rental income can help pay your mortgage! Move into a unit to qualify for a low-down payment mortgage OR approx. $7840/month renting all 3 units. This amazing investment opportunity offers 3 easily rented, units with separate: addresses, front doors, outdoor space, washers/dryers and electrical meters. Main home & JADU have terrific tenants until June at $3,070 and $2,125. 2BR ADU last rented for $2,645. Must see to appreciate the view and neighborhood.
Location
State CA
County San Diego
Community Paradise Hills
Area Paradise Hills (92139)
Building/Complex Name none
Interior
Cooling Other/Remarks
Exterior
Exterior Feature Stucco
Fence Partial
Roof Type Composition
Building
Story 2
Others
Acceptable Financing Cash,Conventional,FHA,VA
Space Rent $3,070
Listing Terms Cash,Conventional,FHA,VA
Pets Allowed Yes