Property Detail
Description
Amazing opportunity to own this centrally located, newer, well maintained income property: 1) A large 3 bedroom single family home 1450 sqft, 2) Five of 2b1b: one bedroom one bath one car garage apartments with bonus room/office that are 680 sqft each.3) 3 detached warehouses/garages one has a full bath with a shower. These detached units are high quality and made out of cinderblock with high ceilings. They are in rental since they were built. On-site laundry room brings you additional Income. Each apartment also has one additional assigned parking spot besides garage parking. Around $430k upgrade includes: newer roof, newer electricity panels, newer driveway, newer sewer lateralCurrent monthly gross rent is over $14,000 per month. Potential to turn the 3 oversized garage into a big ADU. Some rents are well below the market rent, a value-added opportunity with strong upside in future.
Map Location
Listing provided courtesy of Yamina Wu of Compass. Last updated 2025-05-21 08:55:35.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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