4766-68 Winona Ave San Diego, CA 92115

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Variance granted Detached. Fully remodeled duplex in highly desirable neighborhood of Talmadge! This property is a true 2-on-1 with two completely separate detached units and a two-car garage. Each unit has its own private yard, laundry area, parking and separate entrances. Both 3-bedroom houses are fully remodeled and turnkey. Rent out one, live in the other. Live in one, Airbnb the other. Rent both. Two 3-bedroom houses in Talmadge for under $800,000 each, that's unheard of! Projected annual income of $96,000. 4766 is projected to rent for $4,500/mo and 4768 is projected to rent for $3,500/mo. Offered at a 5%+ cap rate. 4766 located at the front of the property is 3 bedrooms and 2 bathrooms. It has upgrades throughout including remodeled kitchen and bathrooms, a walk-in pantry, quartz countertops, stainless steel appliances, dual pane windows, whole house fan and new window a/c. The front house has a long driveway to a two-car garage with a separate laundry area plus a turf backyard and covered patio. 4768 located towards the rear of the property is 3 bedrooms and 1 bathroom. It has a separate entrance from Winona as well as a gated long driveway off the alley. The backhouse has been completely remodeled with new LVP flooring, an IKEA kitchen, stainless steel appliances and a tile backsplash. The large primary bedroom has a shiplap feature wall and a big closet. Additionally, the back unit has two fully fenced yard areas, separate laundry, a loquat tree and a storage room. Back house roof was replaced in Nov 2022. Separate SDG&E meters, one water meter for the property.