Property Detail

Description

Just minutes from Downtown San Diego, this property consists of newly renovated, two revenue generating buildings: a 5 unit SRO structure at 3102 National Ave and 1 single-family residence at 927 S 31st St. Additional opportunity for adding dwelling units, ADU, tiny homes, or RV on the lot    The 5 unit building consists of 2 studios and 3 junior one-bedroom units that are fully occupied and furnished. The 2 studios rent for $1,650+ while the 3 one bedroom units rents for an average of $1,950. The owner has entered into an arrangement with programs funded by the City and Country, whereby the programs pay the majority of tenant’s rent. This guarantees consistent monthly income for new ownership. The detached single-family residence is a 950 square foot, 2-bedroom, 1-bathroom home currently leasing at $2,399 per month.    Contact ppatel@dpalaw.com or 619-851-5368 for additional information.