62 Island Ave San Diego, CA 92102
3560-62 Island Ave is a turnkey 2-unit property in San Diego, situated on an over 7, 000 square foot lot, comprising a highly updated 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit, each with their own private yard, generating $6490/month. The flooring, plumbing, electrical, appliances, and the roof have been completely replaced throughout the property, totaling close to 200k of updates in the last couple of years. With a prime location in San Diego, this investment offers steady rental income potential, with Complete Communities zoning, allowing for a Floor Area Ratio of 6.5, presenting exciting opportunities for future development or expansion. This turnkey investment promises long-term appreciation in San Diego's strong rental market, making it an attractive opportunity for investors seeking a well-maintained multi-unit property with development potential on a large lot.
- Property TypeMulti-Family
- NeighborhoodSan Diego
- CountySan Diego
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site19 Days
- MLS StatusActive
- MLS ID Number240013035SD
- Home Size Source N/A
- Year Built1980
- Lot Size0.1653 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Number of Stories 11
- Acreage 0.1653
- Security Automatic Gate
Interior Features
- Cooling Central Air
- Heating ElectricForced Air
Exterior Features
- Roof Composition
- Spa No
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 92102 - San Diego
- Security Features Automatic Gate