3535 Eugene Pl, San Diego CA, 92116
(Active)
$999,000
|
2 beds, 1 Full baths, 857 sqft
|
MLS# 240005834SD
Last Updated: 5/11/2024 1:58 AM
Description for
3535 Eugene Pl
San Diego, CA 92116
Great investment opportunity in Normal Heights to maximize a large 15,000SF lot to build 3 x 1200SF ADU's. Many different avenues an investor can take to get rents over $15,000/month by the time the entire property is developed to its highest and best use. Turn a single-family home property into a 4 unit in a neighborhood that is set to appreciate big time. A savy investor may choose to remodel the front house and move in while they get plans and permits approved to build 3x 1200SF ADU's in the backyard. Upon stabilization an investor could rent 3 units at market rate and the 4th unit as an affordable unit using San Diego code. Verify all with your architect.
Price
$999,000
Normal Heights
San Diego
2
1 Full
857 (approx)
240005834SD
Active
Description
Great investment opportunity in Normal Heights to maximize a large 15,000SF lot to build 3 x 1200SF ADU's. Many different avenues an investor can take to get rents over $15,000/month by the time the entire property is developed to its highest and best use. Turn a single-family home property into a 4 unit in a neighborhood that is set to appreciate big time. A savy investor may choose to remodel the front house and move in while they get plans and permits approved to build 3x 1200SF ADU's in the backyard. Upon stabilization an investor could rent 3 units at market rate and the 4th unit as an affordable unit using San Diego code. Verify all with your architect.
Listing Information
| Property Type: Single Family, 1 Story | ||
| 2 | 1 Full | |
| Assessor | 857 (approx) | 1913 |
| Yes-2 spaces | 1 | Wood |
Normal Heights
Neighborhood
Room Information
| Bathrooms | |||
| 1 | |||
Total: 2
Gas Dryer Hookup,In Garage
Interior Features
None
Gas Heat,
None
Exterior / Lot Features
2 Garage Spaces,
6 Parking Spaces,
0 Covered Parking Spaces,
Concrete
Wood
Shingle
None
Partial
Driving Directions
Cross Street: East Mountain View Drive.
Financial Considerations
| 4402500500 |
1031 Exchange
Listing Price History
San Diego Real Estate
San Diego is located in California. San Diego, California 92116 has a population of 1,401,996.
The median household income in San Diego, California 92116 is $78,275. The median household income for the surrounding county is $83,628 compared to the national median of $66,222. The median age of people living in San Diego 92116 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/19/2024 | Active | $999,000 USD -1.58% |
|
| 4/1/2024 | Active | $1,015,000 USD -1.93% |
|
| 3/22/2024 | Active | $1,035,000 USD 8.95% |
|
| 2/27/2024 | Sold | $950,000 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $4,888 USD | 2.75% | $403,276 USD | - |
| 2022 | $4,757 USD | 0.72% | $403,276 USD | 2.00% |
| 2021 | $4,723 USD | 1.27% | $395,369 USD | 3.06% |
| 2020 | $4,664 USD | 1.83% | $383,645 USD | - |
| 2019 | $4,580 USD | 6.98% | $383,645 USD | 2.00% |