3517-19 Menlo Ave features 3 fully renovated units that are currently generating impressive revenue metrics through both short term and long term rentals. The unit mix of the property consists of (1) 2bd/2ba unit, (1) 1bd/1ba unit, and (1) studio. Over the past 12 months, the 3 units reported $118,853… Read More in total gross earnings through the combination of short and long term rentals. This property has been ideal for visitors that are in search of a peaceful vacation rental in metro San Diego that is within close proximity of all major sights and scenes that San Diego has to offer. For this reason, finding success through long term rentals with this property is also available to an investor that decides to do so. Especially due to its proximity to downtown and other major employment hubs. The property will also be delivered with plans for (2) 700 square foot ADUs in the back. The plan is for 2 stories, each with 2 bedrooms/1 bathroom and a private deck for the second floor unit. The studio is unpermitted but there is an official lease attached to it. Read Less
Property listed by Nara Advisors, Inc., Jason Lee 858-336-9688
Listing Snapshot
Days Online
37
Last Updated
Property Type
Other
Lot Size
0.14 Acres
Year Built
1941
MLS Number
250025606SD
30 Days Snapshot Of 92105
$645k
-4%
(avg) sold price
17
-22%
homes sold
49
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1941, Levels: One, 1 story, 1 building
Cooling
SeeRemarks
Income
Net operating income: $77,254
Lot
0.1422 acres, 6,193 square feet, Size: 6,193
Tenant Pays
SeeRemarks
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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