This fully renovated triplex at 1725-35 Edgemont St in San Diego’s desirable South Park neighborhood offers an exceptional investment opportunity with strong rental income potential and an assumable VA loan at 3.875%. The property includes three units: a detached 3BD/1.5BA rented for $4,150/month to great tenants, a 2BD/2BA currently occupied… Read More by the owner, and a 2BD/1BA operating as a successful Airbnb, generating $60K/year (after Airbnb fees and transient occupancy taxes). Recent updates include new appliances, electrical panels, a complete rewire for the 2bd units, AC/heat in all units, separate washers/dryers, dual-pane windows, a new large Tuffshed, turf and hardwood fencing for the front yard, and fresh exterior paint. With an asking price of $1,995,000 and a remaining VA loan balance of $1.676M, this property is perfect for an owner-occupier looking to live in one unit and rent the others, or for investors seeking a steady income stream. South Park is a vibrant, central area of San Diego, known for its charming atmosphere, local shops, and easy access to all the city has to offer. OM attached Read Less
Property listed by JLM Real Estate Inc, Jason Lee 949-207-8321
Listing Snapshot
Days Online
63
Last Updated
Property Type
Other
Year Built
1933
MLS Number
250022434SD
30 Days Snapshot Of 92102
$851k
+3%
(avg) sold price
10
-9%
homes sold
81
+55%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1933, Levels: Two, 2 stories, 2 buildings
Cooling
WallWindowUnits
Fence
Partial
Heating
NaturalGas
Income
Net operating income: $62,903
Roof
Composition
Tenant Pays
Gas, Sewer, TrashCollection, Water
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