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New property listed in 92116 - Normal Heights

I have listed a new property at 4671 Terrace in San Diego. See details here

Premier investment opportunity located in the sought after community of Kensington outshines with a Passive Net Operating Income (NOI) of $10,000 a month or $120,000 annually, demonstrating significant growth potential up to $174,000 via ADU/garage conversion. Highlighted by an attractive Cap Rate of 6.25%, the property underscores strong yield potential and investment stability. There's ample room for rental income growth; the current 4BD SF house brings in $5,000/mo, with projections to increase to $6,250/mo for a total of $75,000/yr net. Upgraded duplex adds $60,000/yr to the current income, anticipated to rise to $70,000, while a potential 4th unit garage conversion could contribute an additional $35,000, pushing the conservative passive annual income to an impressive $180,000. Lifetime-lasting seller improvements have meticulously enhanced this estate, featuring Ferguson Hansgrohe shower fixtures, luxurious 60” faux wood Minka Aire DC fans in every room w/wall controls, top-of-the-line Modena Living 6-foot vinyl plank floors throughout. Over $25K in hi-end stainless steel appliances and spacious bedrooms adorned with 6” contemporary dimmable recessed LED lights ensure even the most discerning buyers would be dazzled. Completely renovated down to the studs, this income-generating machine is a rare find, set to enhance even the most affluent of portfolios. It represents a perfect blend of affluent neighborhood appeal and an Investor’s Dream, offering a multi-unit dream home with exceptional finishes, Significant Income Potential, and room for expansion. This is the ONE! This premier investment opportunity in the highly sought-after community of Kensington has undergone over $400,000 in improvements in just the last few years, establishing itself as a beacon of luxury and modernity. Among the most recent investments, $100,000 was dedicated to exterior upgrades, including a new foundation, comprehensive updates to electrical and plumbing systems, installation of new aluminum bronze windows, a new roof, fresh exterior paint, new masonry privacy walls, a new garage door, and a new garage opener, alongside many other enhancements. These extensive renovations transform this property into a rare and desirable income-generating machine, captivating even the most affluent investors. The estate has been meticulously upgraded with seller improvements designed to last a lifetime, featuring premium Ferguson Hansgrohe shower fixtures, 60” faux wood Minka Aire DC fans with wall controls in every room, luxurious Modena Living 6-foot vinyl wood plank floors throughout, and $20K in high-end stainless steel appliances. The oversized bedrooms, illuminated by 6” contemporary dimmable recessed LED lights, add to the allure of this masterfully renovated property, ensuring it dazzles even the most discerning buyers. Completely renovated down to the studs, this property exemplifies a commitment to quality and sustainability. It boasts an impressive passive Net Operating Income (NOI) of $10,000 a month or $120,000 annually, with the potential to escalate to $174,000 through an ADU/garage conversion. Featuring an attractive cap rate of 6.25%, it underscores the strong yield potential and stability of this investment. The projected NET income, based on actual rental income, includes a current 4BD SF house generating $5,000/mo, with the potential to rise to $6,250/mo, alongside a duplex contributing $60,000/yr to the current income, with a projected increase to $70,000. Moreover, a 4th unit garage conversion could add an additional $35,000, elevating the conservative passive annual income to an impressive $180,000. This turn-key investment dream includes high-quality renovations with a 4BD 2BA single-family home and a spacious 1200sf 1BD 1BA duplex, all featuring chef’s dream kitchens with high-end SS appliances, luxury plank flooring, and $1,300 Minka Aire DC fans in every room. The property guarantees an enhanced tenant experience with ample dedi...

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New property listed in 92116 - Normal Heights

I have listed a new property at 4671 73 Terrace Drive in San Diego. See details here

Welcome to Kensington's gem at 4671-73 Terrace Dr., showcasing a Fully Renovated Turn-Key Tri-Plex, luxury living with generous passive income to offset the mortgage.This INCOME POWERHOUSE is expandable with an optional 4th unit via ADU/garage conversion, potentially elevating the NOI to $174,000/yr NET. The centerpiece is a meticulously modernized 4BD 2BA single-family home chef's dream kitchen equipped with top-of-the-line stainless steel appliances, luxury vinyl plank flooring, oodles of natural light beaming through several large custom aluminum double-sided bronzed dual-pane windows. With over $400,000 invested in the last 5 years, top of the line interior and exterior enhancements, including NEW electrical, plumbing, new foundation, brand new roof, new custom color stamped driveways and dozens of majestic palm trees adorn this the curb appeal is undeniable. This estate includes a private spacious duplex 1,200 sq ft 1BD 1BA duplex tucked at the rear, generating $5,000+ monthly, contributing to a total passive income of $10,000/month. Leave the car at home, just a 2 min stroll to vibrant Adams Ave, this TURNKEY one-of-a-kind investment is more than just a place to live; it’s a statement of success and a testament to meticulous renovation and design. Each unit offers privacy with individual meters, minimizing maintenance costs and maximizing convenience. Knock knock! Hello? Opportunity! Guaranteed this property will be your the Easiest Passive Income Generation Investments Everyone Dreams To Have! Opportunity only knocks once, answer the call! And make this property one of the best investment decisions you'll ever make! Step into Luxury with a Fully Renovated Tri-Plex Kensington estate, featuring a stunning single family 4BD 2BA home and a highly profitable Turn-Key Duplex current total Net Income of $10,000+/month. All three units individually metered ensures low maint. costs, ample off-street parking for 8 vehicles, private patios, in-unit laundry, ALL TOP-OF-THE-LINE UPGRADES THROUGHOUT. NEW plumbing, NEW roof, NEW 220 electrical, NEW foundation, NEW custom aluminum bronze dual pane windows, NEW travertine lined patios, NEW appliances throughout all three units, NEW garage door and opener, NEW exterior paint, NEW masonry privacy walls, NEW auto-irrigation, NEW landscape lighting, lifetime warranty bathroom trim fixtures, TOO MANY THINGS TO LIST! Opportunity only knocks once, answer the call and make this RARE GEM one of the best investment decisions of your lives. Guaranteed this property will be your the Easiest Passive Income Generation Investments Everyone Dreams To Have! Kensington, one of the most sought-after communities in San Diego County renowned for its historic charm and suburban elegance. This affluent neighborhood offers tastefully restored multi-million-dollar residences from the 1920s. Kensington's allure is unmistakable, with a median real estate price of $1.6M for small SF fixers and an average rental cost of $5,048. It's a testament to the area's affluence and the competitive nature of its housing market, where properties frequently sell at or above listing price. This blend of historical allure, affluence, and cultural diversity positions Kensington as one of the most attractive and vibrant communities in San Diego County.

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I have sold a property at 7 4753 35Th St in San Diego

I have sold a property at 7 4753 35Th St in San Diego. See details here

Don't miss this North Adams Condo! This top floor, end unit, 2 bedroom is walking distance to endless Adams Ave. bars, restaurants, shopping! The open floor plan surrounded by huge dual pane windows makes this home feel big and bright! Upgraded flooring throughout and a completely remodeled bathroom makes this home turnkey and ready for it's new owners! The small 7 unit complex provides gated entry and off-street parking.

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I have sold a property at 4730 Oregon St in San Diego

I have sold a property at 4730 Oregon St in San Diego. See details here

Offered at $745K-$775K. Perfect alternative to a condo- North of Adams Ave! This impeccably maintained Spanish bungalow offers numerous upgrades including an updated kitchen with quartz counters, quality appliances & fixtures, gas range, white shaker cabinets & beautiful tile. Stacked washer/dryer, hardwood flooring & efficient mini-split AC/heat. The designer jack & jill bathroom offers barn doors, custom walk-in shower, dual sink & storage. See supplemental remarks below for more information. Offered at $745K-$775K. Perfect alternative to a condo- North of Adams Ave! This impeccably maintained Spanish bungalow offers numerous upgrades including an updated kitchen with quartz counters, quality appliances & fixtures, gas range, white shaker cabinets & beautiful tile. Stacked washer/dryer, hardwood flooring & efficient mini-split AC/heat. The designer jack & jill bathroom offers barn doors, custom walk-in shower, dual sink & storage. Recent exterior paint, newer roof & vinyl windows, upgraded insulation, tankless water heater & a cozy back patio perfect for relaxing or entertaining. Close to all the restaurants, breweries & shopping along Adams Ave.

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I have sold a property at 1 4503 HAMILTON ST in San Diego

I have sold a property at 1 4503 HAMILTON ST in San Diego. See details here

BEAUTIFULLY REMODELED 1ST FLOOR GROUND LEVEL UNIT LOCATED IN FRONT PART OF THE BLDG. FRESHLY PAINTED INTERIOR, STAINLESS STEEL APPLIANCES, STAINLESS 3 DOOR REFRIGERATOR, REFINISHED KITCHEN CABINETS PAINTED WHITE, NEWER DUAL PANE VINYL WINDOWS, GORGEOUS REMODELED BATHROOMS. COMES WITH 1 PARKING SPOT IN FRONT OF UNIT NEXT TO THE WALKWAY. ADDITIONAL STORAGE UNIT IS #1 AND IS ACROSS FROM THE COMMUNITY LAUNDRY ROOM IN THE REAR OF THE COMPLEX. ALLEY ACCESS. MOTIVATED SELLER!!!

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I have sold a property at 4478 Kansas St in San Diego. See details here

Spacious 2 story Townhome in University Heights!! 4 unit complex with Low HOA Dues! This Amazing location is within walking distance to Breweries/Restaurants & stores! The Master Suite is on lower level with its own private Balcony. Main living area located on the 2nd level has plenty of natural lighting, nice Vaulted Ceilings, A/C, skylight & new SS Appliances in the kitchen, fireplace, Balcony, Bedroom w/ walk-in closet & ceiling fan. 2 car garage w/ direct entry into the unit has washer/dryer & private alley access. Equipment: Dryer, Washer Sewer: Sewer Connected Topography: LL

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