Courtesy of Coldwell Banker Realty.
Property Description
Location!Location! Newly renovated Single-Story Triplex (5590 FRNT & REAR and 5588) Centrally located one exit from San Diego State, very walkable to Lake Murray and 10 minutes from San Diego’s beautiful beaches & Downtown. Plenty of room to roam in this beautiful property. Currently, the property-generates, $12,000 per month from long-term, month-to-month tenants. (Current gross Income is $144,000 per year. ) There is not one component of this property that has not been redone, from the patios and new windows overlooking huge backyards exquisite finishes put together by a very talented interior designer, this property is a new build with an old soul. Each home has Private Backyards, lives like single family home and low-maintenance. Everything is new, soft closing cabinets with crown molding, under mound sinks, quartz countertops, high-efficiency appliances, automated gates for parking. Individual laundry rooms for each unit. The main house exudes modern elegance, with a spacious courtyard. You really should see to appreciate. Property future life/minimal near future maintenance is very low. Has approved plans to add 1,100 sqft through conversion of courtyard & garages into ADU 2 bedroom unit right-away for additional income. Almost Half of a city block of land, triplex sitting on a generous 16,117 SQ FT flat usable lot. The backyard has four carports, totals 8 car parking spots, offers ample parking and storage. R3 zoning & lot size also allows for development of 5 additional detached (ADU) units, or a maximum of 10-20 consecutive units up to 5 floors through city permi
Open House
Property Details and Features
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Bathrooms
- 4 full bathrooms
- 4 total bathrooms
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Bedrooms
- 5 bedrooms
- 5 total bedrooms
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Building
- 2,411 estimated square feet
- Source: Appraisal
- Built in 1954
- 1 story
- 3 units in complex
- 1 story
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Cooling
- Central Forced Air
- Wall/Window
- Electric
- Energy Star
- Gas
- High Efficiency
- Dual
-
Laundry
- Community
- Closet Full Sized
- Closet Stacked
- Garage
- Laundry Room
- Outside
- Electric
- Gas
- Washer Hookup
- Gas & Electric Dryer HU
-
Listing
- Source: SDMLS
- For Sale
- 52 days on market
- Listed on 2024-08-27
-
Location
- County: San Diego
-
Lot
- Approximately 16,117 square feet
- Approximately 0 acres
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Miscellaneous
- Value in Land
- Preserve/Public Land
- Suburban
- Urban
-
Garage
- 2 garage parking spaces
-
Parking
- 12 total parking spaces
-
Pool
- Pebble
-
Property
- Exclusive use yard
- Mountains/Hills
- Courtyard
- City Lights
-
Schools
- High School: Grossmont Union High School District
-
Sewer
- Public Sewer
