Description
SDSU College area home with plans submitted to the city for 4 bed 2 bath house + a detached 4 bed 2 bath 1200 SQFT ADU with large backyard. These units are pre-leased for $9,000 a month starting August 15 2022. ($4500/unit with 2 signed leases in hand transferred to new owners) New owners can keep current management in place at 6% or manage themselves to yield a higher rate of return. Ideally plans for 1200SF ADU should be approved in coming 1-2 months and ADU should be built May through August. Please don't disturb tenants.Agent has an ownership interest in the property.
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8BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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2,400SQFT
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$490$/SQFT
School Ratings & Info
Description
SDSU College area home with plans submitted to the city for 4 bed 2 bath house + a detached 4 bed 2 bath 1200 SQFT ADU with large backyard. These units are pre-leased for $9,000 a month starting August 15 2022. ($4500/unit with 2 signed leases in hand transferred to new owners) New owners can keep current management in place at 6% or manage themselves to yield a higher rate of return. Ideally plans for 1200SF ADU should be approved in coming 1-2 months and ADU should be built May through August. Please don't disturb tenants.Agent has an ownership interest in the property.
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Listing provided courtesy of Cypress Realty & Mortgage.
Listing information © 2022 San Diego MLS Inc.
Source: SDMLS