2442 Union Street, San Diego, CA 92101
2442 Union Street, San Diego, CA 92101
2442 Union Street, San Diego, CA 92101
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Viola Wheelihan • Real Estate Coastal Style
$959,000
Est. payment /mo
3 Beds
3 Baths
1,785 SqFt
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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,785 sqft

Price per Sqft $537

MLS Listing ID 8N-2605762

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $400/mo

Year Built 2005

Property Sub-Type Condominium

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Dual – APN condo investment/Prime value – Add opportunity A stand out opportunity for the savvy investor or seasoned contractor. This 1800 square-foot residence currently encompasses two combined condominium units under a single ownership, each carrying its own APN – setting the stage for a compelling value – add project. The vision is straightforward: restore the property to its original two – unit configuration, creating two separately, rentable condos with strong income potential. With the dual – APN structure already in place, the groundwork for the strategy is built right into the deal. Adding to the appeal, each unit comes with its own assigned tandem underground gated garage parking-a highly desirable amenity that strengthens rental demand and long - term value in any market For the right buyer with the skills and foresight to execute, this is a rare chance to acquire a single asset with two exit strategies – rent both units, sell them individually, or hold as a multi – unit income property. Properties of this kind of built – in upside, don't come along often. Low HOA no Mello Roos

Location

State CA

County San Diego

Area 92101 - San Diego Downtown

Zoning Residential

Interior

Cooling None

Fireplaces Type Gas

Laundry Dryer Included, Washer Included

Exterior

Pool None

Community Features Sidewalks, Street Lights, Urban

View Y/N No

View None

Building

Sewer Public Sewer

Others

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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2442 Union Street