3550 Meade, San Diego, CA 92116

Property Description

Gorgeous turnkey property - house and helper unit, just a close walk away from downtown Normal Heights and North Park. Check out 3D tour. Completely private and fully fenced two detached buildings with lots of charm. Presently provides great vacation rental income. Both homes are recently remodelled with wood floors, curved doorways, built in cabinets and modern baths and kitchens. Front home has large fenced private yard,2 bedrooms, seperate dining room, sliding doors,fans, historic details and mirrored closets. Back studio has private patio, high ceilings, full bath, large walk in closet and small kitchen. Parking space available on fenced property. Washer dryer included. Electrical, plumbing, a/c, roofs, windows, doors all installed recently and (fully paid for) solar means sellers have not paid more than $21 for electricity. Property is rented as vacation rental. Front house averages $180/night, 72% occupancy, $47,361 income per year. Back unit averages $101/night, 73%occupancy, 26,886 per year. Property is professionally managed and sellers pay 20% mgmt fee. Potential for self managed property to have higher income. Could sell fully furnished for immediate use. Sale subject to buyer doing 1031 exchange at no expense to seller. Equipment: Dryer, Washer Sewer: Sewer Connected Topography: LL