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Charming Dual-Unit Income Property in Sought-After North Park Step into a fantastic investment opportunity in the heart of North Park with this versatile, dual-unit property, offering strong rental income potential in one of San Diego’s most desirable neighborhoods. The front unit, a stylish 2-bedroom, 1-bath retreat, has been a hit on Airbnb and VRBO, with glowing 5-star reviews and generating around $7,000 per month at 70% occupancy. Guests love the fresh flooring, sleek new kitchen cabinets, updated bathroom, and modern doors. Complete with its own washer/dryer and a cozy front yard, this unit provides a welcoming space that attracts steady short-term rental demand. The rear unit, also a 2-bedroom, 1-bath, is currently leased at $2,900 per month on a flexible month-to-month basis. It features tasteful updates, including refreshed flooring, a renovated kitchen, and an in-unit washer/dryer. A private backyard adds a touch of serenity, making it an attractive rental option. Both units are separately metered for gas and electricity, with a shared water meter for efficiency. This North Park property offers excellent income potential with flexible leasing options, making it a smart choice for investors looking to secure a profitable piece of this vibrant neighborhood.
Property Type(s):
Single Family
| Last Updated | 9/13/2024 | Tract | North Park |
|---|---|---|---|
| Year Built | 1963 | Community | North Park |
| Garage Spaces | 1.0 | County | San Diego |
Price History
| Prior to Sep 13, '24 | $1,495,000 |
|---|---|
| Sep 13, '24 - Today | $1,398,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Convection Oven, Counter Top, Dishwasher, Disposal, Free-Standing Range, Freezer, Gas Oven, Ice Maker, Microwave, Refrigerator |
| AREA | North Park |
| CONSTRUCTION | Wood Siding |
| GARAGE | Carport, Driveway, Other, Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | All Bedrooms Down, Entrance Foyer, Walk-In Pantry |
| LOT | 4285 sq ft |
| PARKING | Carport,Driveway,Other |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Craftsman |
| SUBDIVISION | North Park |
| WATER | Public |
| ZONING | R-2:MINOR |
Location
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Listed with Berkshire Hathaway HomeServices California Properties
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