East San Diego, CA 92105

$1,945,500

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List Price
$1,945,500
Status
ACTIVE
MLS#
260018766SD
Year Built
1928
Days on Market
1
Property Type
Multifamily
Stories
Multi Level
Neighborhood
City Heights

Property Description

This charming Triplex consists of 1 detached one-level single-family home and a 2-Story Duplex inside a privately gated compound. The property is situated in Fox Canyon, a quiet and hidden away enclave of City Heights, close to downtown, with easy access to FWYs 94, 805 & 15. The entire property has been thoroughly renovated and tastefully designed and decorated. Extensive recent improvements include all interiors, brand new kitchen cabinets with quartz countertops, new appliances, new bathrooms, new roofs, double pane windows and more. The single-family home (5074) and the lower unit of the duplex (5076) are currently being operated as vacation rentals and listed on both Airbnb and VRBO. The upper duplex with its private deck is being rented as a furnished unit. All the furniture and interior designed furnishings including the refrigerators and appliances in 5074 & 5076 are included in the sale.. The stated actual incomes are for the month of July 2026. Three more additional units/ADUs can be added and the current living square footage could be raised from the existing 2490 sq. ft to 7514 sq. ft. due to the favorable RM-1-1 Zoning. Currently, the owner has preliminary drawings for the addition 2 ADUs between the 2 buildings. Each existing unit has 2 off-street parking spaces inside the gate. Rare opportunity for investors or owner-occupants to purchase a turn-key property with a thriving vacation rental business, and even further development potential within a private compound on a large lot. All units have split systems for AC/Heat in addition to wall units for heating.

Additional Information

Heat
Electric, Natural Gas, See Remarks
Cooling
Yes
Cooling Description
See Remarks, Wall/Window Unit(s)
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$117,909

Listing courtesy of Listing Agent: Kamran Banayan (kbanayan@san.rr.com) from Listing Office: Balboa Real Estate Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.