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Great investment opportunity in Normal Heights to maximize a large 15,000SF lot to build 3 x 1200SF ADU's. Many different avenues an investor can take to get rents over $15,000/month by the time the entire property is developed to its highest and best use. Turn a single-family home property into a 4 unit in a neighborhood that is set to appreciate big time. A savy investor may choose to remodel the front house and move in while they get plans and permits approved to build 3x 1200SF ADU's in the backyard. Upon stabilization an investor could rent 3 units at market rate and the 4th unit as an affordable unit using San Diego code. Verify all with your architect.
| Address |
3535 Eugene Pl
San Diego, CA 92116 |
| Listing Status | ACTIVE |
| Asking Price | $999,000 |
| Original Listing | $1,035,000 @ 2024-03-18 |
| Terms | Exchange |
| Age Restriction | N/K |
| Property Type | Fee Simple |
| Total Units | 1 building / 1 complex |
| Property Restrictions | None Known |
| Sales Restrictions | N/K |
| Mello-Roos Fee | $0 |
| HOA Fee | $0 |
| Square Footage | 857 sf |
| Bedrooms | 2 + 0 optional |
| Full Bathrooms | 1 |
| Family Room | 18x14 |
| Living Room | 18x14 |
| Dining Room | 10x7 |
| Kichen | 14x10 |
| Master Bedroom | 18x10 |
| 2nd Bedroom | 10x10 |
| Directions | Not Provided |
| Cross Street | East Mountain View Drive |
| Market Area | Metro Uptown |
| Community Area | NORMAL HEIGHTS |
| Neighborhood | normal heights |
| Complex | none |
| School District | Not Listed |
| County | San Diego |
| Assessor Parcel# | 440-250-05-00 |
| Geographic Areas |
Airport Compatibility Zone: Montgomery Field Community College District: San Diego CC |
| Highway Locator |
West of I-15 East of I-5 South of I-8 East of I-805 East of SR-163 South of SR-52 South of SR-56 South of SR-78 |
| Ocean Distance | 12.4 miles |
| Year Built | 1913 |
| Laundry Location | Garage |
| Elevator | Not Listed |
| Cooling | N/K |
| Heating | Natural Gas N/K |
| Sewer/Septic | Sewer Connected |
| Fireplaces | Not Listed |
| Equipment | N/K |
| Platform | SDMLS |
| AOR | San Diego Association of REALTORS (SDAR) |
| MLS Number | 240005834 |
| Courtesy of | Cypress Realty & Mortgage |
https://www.californiatophomes.com/240005834
| Style | Detached 1 Story |
| Material | Wood |
| Floor Level | 1 of 1 |
| Lot Size | .5 to 1 AC |
| Fencing | Partial |
| Topography | Canyon/Valley |
| Roof | Shingle |
| Swimming Pool | N/K |
| Parking |
Detached
Total Spaces: 6
Garage Spaces: 2
Non-Garage Spaces:
4 -
Driveway - Concrete
|
| View | Not Listed |