MLS# 240008475 - 2778 Island Ave, San Diego, CA 92102
Courtesy of Premier Realty Associates.
Property Type:
Res Income 2-4 Units
Status:
Active
Neighborhood:
Ca
Days On Website:
13
Property Details for 2778 Island Ave, San Diego, CA 92102
Description
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
Open House
Features
Appliances & Equipment
- 1 unit with oven
- 1 unit with refrigerator
- 1 unit with dishwasher
Building
- 3 units
- Built in 1929
- 1 story
- 3 buildings
Cooling
- 1 unit with cooling
- Central Forced Air
Exterior Features
- 1 unit with patio
- Wood/Stucco
- Other/Remarks
Fireplaces
- 1 unit with fireplace
Interior Features
- 1 furnished unit
Laundry
- 1 unit with dryer
- 1 unit with washer
Listing
- Source: SDMLS
- Listing date: 2024-04-19
- 8 days on market
- For Sale
Location
- County: San Diego
- Complex/park: N/A
- Community: San Diego
Lot
- 4,000-7,499 SF
Fence
- Full
Unit One
- Unit #: 2778
- Projected Rent: $3,500
- 2 bedrooms
- 2 total bathrooms
- 2 full bathrooms
- 1,138 estimated square feet
- Laundry hookups: Yes
- Exclusive-use yard
- Occupancy: Vacant
- Deposit: $3,500
Unit Two
- Unit #: 2780 -1
- Projected Rent: $2,800
- 2 bedrooms
- 1 total bathroom
- 1 full bathroom
- 784 estimated square feet
- Laundry hookups: Yes
- Occupancy: Vacant
- Deposit: $2,800
Unit Three
- Unit #: 2780-2
- Projected Rent: $2,000
- 2 bedrooms
- 1 total bathroom
- 1 full bathroom
- 391 estimated square feet
- Laundry hookups: No
- Occupancy: Vacant
- Deposit: $2,000
Roof
- Composition
- Other/Remarks
Property Map
Map View
$878,988 - 2778 Island Ave, San Diego, CA 92102
Street View
Directions
2778 Island Ave
San Diego, CA 92102
County: San Diego