1336 29th St, San Diego, CA 92102

Property Description

Historic, value-add duplex or single-family home in South Park. Charming, well-maintained, 1920s craftsman later converted to a legal duplex with original wood accents, original hardwood floors, arched entryways, built-in shelving, and private front porch. There is a very secluded rear patio area with terraced garden area and mature landscaping. Current month-month tenant paying $3.3K/month who is scheduled to move out around 12/1. Has a duplex use-code and 2-electric meters (only 1 currently in-use). Currently operated as a 2bed/2bath SFR with rear laundry room, but it's highly likely someone could split up the 2 units back into the original 1bed/1bath + studio configuration legally. A rough floorplan is provided for reference. Has been selectively upgraded over the years. Recent improvements include newer wall texture and paint, newer flooring in some areas, a newer foundation, new fireplace/chimney, and refurbished exterior. Some electrical and plumbing has also been more recently updated. Additional interior improvements will yield max. rent or ARV potential. Permits for current configuration are unknown. There's a 240 SF garage/shed which might be great as a small ADU. Driveway parking for multiple cars. There is a formal historical designation for this property, and it may therefore qualify for Mills Act tax savings. Long-term current owner. Zoned RS-1-7 with Transit Priority Area, Transit Area Overlay, and Historic Overlay zones.