$1,299,000
3418 20 Monroe Ave San Diego, CA 92116
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$1,299,000
Est. payment /mo
4,482 Sqft Lot
UPDATED:
11/04/2024 07:12 PM
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Normal Heights
MLS Listing ID 240023397SD
HOA Y/N No
Year Built 1928
Lot Size 4,482 Sqft
Property Description
LOCATION! HI demand Normal Heights! CASH FLOW 120k annual income as Short & Midterm Rentals. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV! LOCATION! HI demand Normal Heights! CASH FLOW 120k annual income as Short & Midterm Rentals. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV!
Location
State CA
County San Diego
Area 92116 - Normal Heights
Zoning R-3:RESTRI
Interior
Heating Combination, Electric, See Remarks
Cooling See Remarks, Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
View Y/N Yes
Roof Type Composition
Private Pool No
Building
Lot Description Sprinklers Manual
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4470101600
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Listed by Francesca Levy • Keller Williams La Jolla
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256