List Price: $1.6M

Listing Status: Active

Original List Price: $1.79M

Days on Market: 22

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 1941

Lot Size: 5,001 sq ft

MLS Number: NDP2608073

About This Property

Short Sale Opportunity! 4 professionally designed and fully furnished units down to the linens and kitchenware. STR guest-ready in the heart of Golden Hill, just minutes from downtown, Balboa Park, and the airport, in a 1940s historic Craftsman. Unit mix consists of one 2-bed/2-bath unit, two 1-bed/1-bath units, and a tiny house studio/1 bath. Property is set up and staged for short-term rental from the moment you take ownership. The infrastructure is already in place. Curated kitchens, cohesive decor, quality finishes, and a historic Craftsman character that guests simply cannot find in a hotel or a condo. Golden Hill is exactly the kind of walkable, personality-rich neighborhood that short-term rental guests seek out and return to. Recent capital improvements include a newer roof, dual-pane windows, and solar (PPA). Three units are individually metered, three include in-unit stackable washer/dryers, and off-street parking accommodates five to six vehicles, a rare operational advantage in this part of the city. 3 units are located in the main house. The tiny house studio unit is a separate structure in the back of the property and is non-conforming. Beyond short-term rentals, this property could support a range of investment strategies. Mid-term rentals catering to traveling nurses and corporate professionals. Multigenerational families will find flexibility in distinct living spaces under one roof. House hackers can live in one unit and let the remaining three offset their mortgage. The layouts and the setup support whichever direction makes the most sense for your goals. Few acquisitions come this ready. The design work, the furnishings, the setup, it is already done. This property is being sold as a short sale and is subject to lender approval. The 4th unit, the tiny house is non-conforming.

Listing provided by: Kate Goodwin DRE #02095930 888-294-1415