3996 Gamma St, San Diego, CA 92113

$1,100,000 Approx. USD 5 beds, 2 baths
1,340 sqft

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Photo of Jesse Hlubik

Marketed By Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Agent Remarks

Where else can you get 2 detached homes in the city of San Diego for $550K each with the ability to build up, or add an ADU to each of them? This is the best value available. Value add opportunity in the redevelopment zone. You can add sq footage to existing homes. And, you can add Adu's to each unit with room to expand. Potential to split lots and sell separately. Discover this outstanding investment opportunity on a corner lot with views of Coronado. Featuring two remodeled homes, each with their own fenced yards and separate entrances. The first unit offers two bedrooms and one bath, Garage while the second unit includes two bedrooms and one bath. Both units showcase newer kitchens, bathrooms, doors, water heaters, wall heaters, and fresh paint. Additional upgrades include new flooring in the Gamma St unit and beautifully restored oak floors in the 40th St unit. Both units currently rented by amazing long term tenants, both paid rent through covid and are low maintenance. This property is ideally located close to major freeways, Downtown San Diego, the Convention Center, Petco Park, and Seaport Village, enhancing its potential as an Airbnb or a live-in plus rental scenario. Tenants currently pay for electric and gas, adding to the investment appeal. With separate outdoor spaces for each unit, this property combines privacy with convenience, making it an excellent choice for both investors and those seeking a versatile living arrangement.

Listing Details

Property type: 2-4 Units (Multi-family)

Status: ACTIVE

MLS# 250022037

Price: $1,100,000

HOA Fee is $0.00

Beds: 5

Baths: 2 (2 full)

Built in 1927

1,340 sqft

1 story

0.16 acres