2778 Island Ave San Diego, CA 92102
3 units Below Market Value ! Huge Opportunity for high vacation rental income! Beautiful style craftsman Two bedroom two bath with optional third bedroom house with 2 detached manufactured homes that are in process being permitted as Accessory Dwelling Units. Plans have been submitted to the city of SD to be permitted as 2 ADUs. Perfect opportunity for cash investor or general contractor to rehab and update interior on 2 adu units.Minutes to downtown San Diego. 1# unit 2 bedroom 1 bath 2# unit 2 bedroom 1 bath. Zoned for a Potential third bonus adu affordable unit. New permitted owned Solar system The adu homes are fixers and need rehabbing. No Va , conventional or FHA financing. Cash or hard money only Tax records show 938 ft.² for the main single-family detached. Per appraiser with bonus room is 1138 ft.² The permit status is unknown and total square footage for bonus room is unverified by seller. These units are in the Opportunity Zone time! Also in the High Transit,Overlay and Promise zones. The price is firm , so do contact me with any intent to offer less. Cash price is List price . Seller is a licensed a real estate agent
- Property TypeMulti-Family
- NeighborhoodSan Diego
- CountySan Diego
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site15 Days
- MLS StatusActive
- MLS ID Number240008475
- Home Size Source N/A
- Year Built1929
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Terms CashOther/Remarks
- Stories 1 Story
Interior Features
- Cooling Central Forced Air
Exterior Features
- Siding Wood/StuccoOther/Remarks
- Roof CompositionOther/Remarks
Community Features
- Sales Restrictions N/K
- Age Restrictions N/K
- Security Features N/K
- Neighborhood Grant Hill