3535 Eugene Pl
San Diego CA 92116
Community: normal heights
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Type: Detached
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Stories: 1
MLS#: 240005834
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Description
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.
Listing provided courtesy of Christopher Luna of Cypress Realty & Mortgage. Last updated 2024-04-19 20:00:39.000000. Listing information © 2023 Pacific Sothebys International Realty.
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851 South Coast Highway, Suite 300, Encinitas, California 92024 1111 Prospect St, Suite 100, La Jolla, California 92037 888 West Ash Street, San Diego, CA 92101 Joe Violi 01399733 joe@realtorjoe.com 7605337731 32.721160 -117.231730 https://www.royacdn.com/unsafe/smart/Site-48750597-fad4-4739-909d-ca390a15c8e5/theme3/roya_com_130.png 888 West Ash Street, San Diego, CA 92101 https://www.google.com/maps/place/1075+Rosecrans+St,+San+Diego,+CA+92106/@32.7212253,-117.2339434,17z/data=!3m1!4b1!4m5!3m4!1s0x80deaba2d04edec5:0x63652e0031627d85!8m2!3d32.7212208!4d-117.2317547 +1-