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Key Details
Sold Price $1,935,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Normal Heights
MLS Listing ID 260011934
Bedrooms 6
Full Baths 3
Year Built 1999
Lot Size 0.520 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Set on a breathtaking canyon rim in the heart of Normal Heights, this exceptional 3-unit property offers a rare opportunity to own a versatile income-producing compound with incredible views, privacy, and strong rental performance. Surrounded by the natural beauty of the canyon, the property creates a peaceful setting that feels worlds away while still being just moments from all of the restaurants, coffee shops, bars, and boutiques along Adams Avenue. Whether you are looking for a long-term investment, an owner-occupant opportunity, or a multi-generational living setup, this property delivers flexibility and value in one of San Diego's most sought-after urban neighborhoods. The front single family home is filled with charm and character while embracing the stunning canyon scenery from the main living spaces and outdoor areas. Next to the main home are two newer construction units, each offering 2 bedrooms and 1 bathroom with thoughtfully designed floorplans, modern finishes, abundant natural light, and private living spaces that make them extremely attractive for tenants or guests. The newer units provide a more contemporary feel while complementing the overall character and setting of the property. When fully occupied, the property generated an impressive $124,560 per year in gross rental income, creating an outstanding opportunity for someone looking to offset their mortgage or build long-term wealth through real estate. Live in the single family home while renting out the two rear units for substantial supplemental income or make this your next trophy asset.
Location
State CA
County San Diego
Area Metro Uptown
Zoning R-1:SINGLE
Interior
Cooling Central Forced Air, Wall/Window
Exterior
Fence Partial
View Y/N Yes
View Mountains/Hills, Valley/Canyon
Roof Type Composition
Building
Story 2
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Bought with Jim Scott Scott & Quinn Real Estate
NEARBY SCHOOLS & BUSINESSES
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