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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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2778 Island Ave, SAN DIEGO, CA – $878,988

  • $879k Price
  • 6 Beds
  • 4 Baths
  • 26 DOM
  • $879k Price
  • 6 Beds
  • 4 Baths
  • 26 DOM

2778 Island Ave

3 units Below Market Value ! Huge Opportunity for high vacation rental income! Beautiful style craftsman Two bedroom two bath with optional third bedroom house with 2 detached manufactured homes that are in process being permitted as Accessory Dwelling Units. Plans have been submitted to the city of SD to be permitted as 2 ADUs. Perfect opportunity for cash investor or general contractor to rehab and update interior on 2 adu units.Minutes to downtown San Diego. 1# unit 2 bedroom 1 bath 2# unit 2 bedroom 1 bath. Zoned for a Potential third bonus adu affordable unit. New permitted owned Solar system The adu homes are fixers and need rehabbing. No Va , conventional or FHA financing. Cash or hard money only Tax records show 938 ft.² for the main single-family detached. Per appraiser with bonus room is 1138 ft.² The permit status is unknown and total square footage for bonus room is unverified by seller. These units are in the Opportunity Zone time! Also in the High Transit,Overlay and Promise zones. The price is firm , so do contact me with any intent to offer less. Cash price is List price . Seller is a licensed a real estate agent

Essential Information

  • MLS® #240008475
  • Price$878,988
  • Bedrooms6
  • Bathrooms4.00
  • Acres0.00
  • Year Built1929
  • TypeResidential Income
  • StatusACTIVE

Community Information

  • Address2778 Island Ave
  • AreaSAN DIEGO (92102)
  • SubdivisionGrant Hill
  • CitySAN DIEGO
  • CountySan Diego
  • StateCA
  • Zip Code92102

Interior

  • CoolingCentral Forced Air
  • FireplaceYes
  • # of Fireplaces1
  • # of Stories1

Exterior

  • ExteriorWood/Stucco, Other/Remarks
  • RoofComposition, Other/Remarks

Additional Information

  • Date ListedApril 19th, 2024
  • Days on Market26
  • ZoningRM-1

Listing Details

  • OfficePremier Realty Associates
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Premier Realty Associates.

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Listing information last updated on May 20th, 2024 at 12:32pm PDT.