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Listed by Kate Goodwin • eXp Realty of Southern CA
$1,850,000
Est. payment /mo
2,415 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,415 sqft
Price per Sqft $766
MLS Listing ID 8N-2605780
Year Built 1941
Lot Size 5,001 Sqft
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Some portfolios take years to build. This 4-unit property is ready on day one. In the heart of Golden Hill, just minutes from downtown, Balboa Park, and the airport, this 1940s historic Craftsman 3-unit property plus a tiny house is set up and staged for short-term rental from the moment you take ownership. Four professionally designed units, fully furnished down to the linens, kitchenware, and every guest-ready detail. The infrastructure is already in place. Unit mix consists of one 2-bed/2-bath unit, two 1-bed/1-bath units, and a tiny house studio/1 bath. Each unit reflects intentional design and a genuine investment in the asset. 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. Three 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 rental, this property supports 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 or eliminate their mortgage entirely. 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 both lender and court approval through probate.
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning R-4
Interior
Heating Central
Flooring Tile, Wood
Laundry In Closet, Individual Room, Inside, Stackable
Exterior
Pool None
Community Features Biking, Curbs, Golf, Park, Sidewalks, Urban
View Y/N Yes
View City Lights
Building
Lot Description Front Yard, Back Yard
Sewer Public Sewer
Others
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900