2471 JEFFERSON ST, San Diego, CA 92110

Property Description

PENDING status Back Up Offers Welcomed. 2 DETACHED HOMES on est. 5,000 s.f. LOT with ENDLESS WAYS to GROW YOUR WEALTH. MEGA ADD VALUE PROPERTY . Seller will look at all offers. Sq Ft. does not include add's. Currently the property consists of a single level 3-bedroom 2 bath home in the front with one of the bedrooms with its own entrance and bath, PLUS a 1 bedroom 1 bath cottage in the back. Both homes with private fenced yards, separate electric and gas meters, shared water meter, off street tandem parking, storage shed, skylights in main home, shared laundry area. This is a prime location of O.T. that rarely ever trades and you'll have plenty of opportunities to produce income or make it your own villa. .04 miles to TRANSIT CENTER. Close to everything O.T. has to offer but YET in a residential area. READ MORE BELOW IN SUPPLEMENTAL REMARKS... Ideas: 1. Live in one Rent out the Other 2. Live in one use other as Office. 3. Rent both units, projected income around $5,143 mo. 4. Take advantage of the City's density bonus programs and rent the rooms out, perfect for USD students housing shortage. 5. Incredible contractors opportunity to add ADU and/or MEGA value-add potential. Seller to approval any lenders fees and points. GREAT EXERCISE to Eatery's and Boutiques. Friends and Family will enjoy visiting. Single Level Homes one step and easy to install wheelchair handicap ramp. Ideas for property. 1. Live in one Rent out the Other 2. Live in one use other as Office. 3. Rent both units, projected income around $5,143 mo. or higher with vacation renters. 4. Make this your own villa, large yard to add a garden. 5. Take advantage of the City's density bonus programs and rent the rooms out, perfect for USD students housing shortage. 6. Incredible contractors / investors opportunity and MEGA value-add potential. Build Up or Redevelop the property. Transit center is less than half a mile from subject. BONUS: Owner has agreement with lot across the street to park there for 25 bucks a month. Check with SD Planning Department for all possibilities before submitting offer. The LOCATION and LAYOUT will attract long and short term tenants at a premium rate. Old Town is convenient to everything, located next to a major transit center with access to the train, trolley, buses and taxis. Close to USD, Sea World, Beaches, Mission Bay, Little Italy, Hillcrest, Point Loma, International Airport, Fiesta Island, etc. Easy access to ALL of SAN DIEGO. One block away from the World Famous San Diego Ave where you will find amazing restaurants, boutiques, coffee houses, historic parks, museums, and the Whaley House. Year round events keep the neighborhood buzzing creating a vibrant vibe for residents and tourist as well. Just in time for their annual celebration of Dia de Los Muertos on Nov. 2nd. Absolutely must see destination for anyone visiting San Diego therefore making this property a gold mine of an investment. Walkscore 73, Bike score 77, Transit score 64. Sewer: Septic Installed Unit # for Unit 1: 2 Number of Furnished Units: 2 Topography: LL