3347 49 N 43rd St, San Diego, CA 92105

Property Description

Attention real estate investors! This turnkey duplex in rapidly redeveloping City Heights presents a prime opportunity for value-add and long-term growth. Both units are rented on month-to-month leases, with current rents significantly below market, offering immediate upside potential. The property features a single building with upper and lower 2 BD/1 BA units, each 864 SF, that have been fully renovated. Highlights include modern kitchens with quartz countertops, stainless steel appliances, white shaker cabinetry, washer/dryer hookups, and luxury vinyl plank flooring in the kitchen, dining, and expansive living areas. Recent updates also include interior paint, dual-pane windows, and remodeled baths with updated vanities and fixtures. (See supplement for more!) Infrastructure improvements, such as a new concrete parking slab, newer gas lines, a replaced water line in the upper unit, and roof maintenance, ensure low future maintenance costs. The lower unit enjoys a private rear yard with pavers, while both units share a fully fenced, spacious front yard—ideal for pets or children. Alley access, 2 off-street assigned parking spaces, and a massive front yard offer potential for expansion, possibly for an ADU (verify via CUPD-CU-3-6). Whether you are looking to capitalize on the upside potential by increasing rents, develop further, or live in one unit and rent out the other, this duplex offers a flexible and lucrative investment opportunity in a growing market!