2631 Collier, San Diego, CA 92116

Property Description

Turn-key condition and positive cashflow in a great location! This 1923 Spanish duplex has spacious kitchens and large bedrooms all with original crown molding, wood windows and trim. 100% new electrical, energy-efficient appliances, owned solar, R-30 insulation, low-flow toilets and more total over $100k. Awesome large rear yard w/ deck and jacuzzi. Actual financials are 2015 vacation rental numbers. Projected financials reflect expected long-term rates. Furniture negotiable. Jacuzzi conveys. Upgrades during seller's ownership: Reverse osmosis water systems in both kitchens. New electrical service panel upgraded to 200 Amp and tied into seller-owned solar-electric system. New wiring throughout the entire property with all new outlets. R-30 insulation on all exterior walls and all attic spaces makes the single floor heaters very functional. Energy efficient appliances. New floor in kitchens. Painted and sanded and refinished all walls in the entire home. Painted the inside and the outside of the entire home. New fence between neighboring lot. Jacuzzi and electrical subpanel in garage. New indoor plumbing fixtures and valves including new low-flow toilets. New lighting fixtures throughout. New washer/dryers ,new refrigerators, new stoves, new dishwasher. New hardwood stairs in the back unit. Rear unit hardwood floors (master bedroom with picture frame hardwood) have been completely redone. All smoke detectors are hardwired and brought up to 2016 code. Jacuzzi conveys and has bi-weekly service set in place. New hot water heater in front unit, and rear unit is up to date. New roof with 18 years of transferable warranty left on upper roof. Landscaping redone. Security system in both units. Fruit tree in front are fig, lemon, and guava. Driveway is 8 feet wide at its narrowest point between the chimney and fence. Neighborhoods: University Heights Other Fees: 0 Unit # for Unit 1: 2631 Unit # for Unit 2: 2631.5 Number of Furnished Units: 2