3535 Eugene Pl, Normal Heights, CA 92116

$999,000
2
BD
1
BA
857
SqFt
List Price
$999,000
Price Change
▼ $16,000 1713562158
MLS#
240005834
Status
PENDING
Type
Single Family Residential
Bedrooms
2
Bathrooms
1
Living Area
857
Neighborhood
Normal Heights

Property Description

Great investment opportunity in Normal Heights to maximize a large 15,000SF lot to build 3 x 1200SF ADU's. Many different avenues an investor can take to get rents over $15,000/month by the time the entire property is developed to its highest and best use. Turn a single-family home property into a 4 unit in a neighborhood that is set to appreciate big time. A savy investor may choose to remodel the front house and move in while they get plans and permits approved to build 3x 1200SF ADU's in the backyard. Upon stabilization an investor could rent 3 units at market rate and the 4th unit as an affordable unit using San Diego code. Verify all with your architect.

Additional Information

Year Built
1913

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Cypress Realty & Mortgage, Christopher J Luna.