1135 - 41 26th Street Unit 41 San Diego, CA 92102

Listing consists of two lots which must be sold together. 534-301-02-00 has the two one-bedroom cottages and 4 garages 534-301-01-00 is the vacant lot. Each lot is .06 acres. Live in one and rent-out the other to help pay for the mortgage! This duplex is located in a vibrant part of Golden Hill.... It is on the path of redevelopment. Each unit has a small patio and off-street parking which is highly desirable in this part of the town. There are 2 1-car garages below each cottage for a total of 4 garages. This property in the path of major redevelopment and has the potential for 30 units on its on and many more when combined with adjoining lots. There are many possibilities. Buyers to verify the number of entitlements with the City of San Diego. The cargo container can convey. The nephew of the listing agent has 4 egg-laying chickens on the property in a fenced in area on the vacant lot. The Projected Income was based on doubling the 1139 rent of $1050. However, it would be expected that the rents could command $1750/month each with the 4 garages commanding $200/month separately. Continue reading