Variance granted for 2-4 units. Perfect for a savvy investor looking for a 1031 exchange. The unique configuration presents a rare opportunity for forced appreciation. With updates and rent increases, you could take the GRM from 15 down to 12. The 1,935 s.f. includes a front home that’s a 2/1 with 2 permitted studio additions. Each has a full bath and separate entrances. The main house and garage are currently owner occupied. As is, it will rent for $1800, and is reflected in the current GRM of 15.
Central Forced Air, Wall/Window
Curbs, Public Street, Sidewalks
Realty ONE Group San Diego.
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Listing information last updated on August 21st, 2019 at 8:32pm PDT.