1924 Oliver Ave, San Diego, CA 92109 | MLS 200044959 | Listing Information | Real Living Pacific Realty | Real Living Real Estate
Real Living Pacific Realty
(800) 660-9140
FOR SALE
$1,595,000

1924 Oliver Ave
San Diego, CA 92109

Cluster
Residence
0.11
Acre Lot
1of
Photos
Map
Courtesy: Timothy Tusa - Coldwell Banker Realty
Tropical beach house surrounded by lush palms, bamboo and fruit trees with separate duplex off of alley. Located only a few blocks from the bay near the highly desired Crown Point area of Pacific Beach. Amazing investment opportunity that can bring in approximately $90K/yr in rental income. Perfect for an owner to live in the front house while making a nice rental income from the duplex. All units are updated, very well maintained & rent easily. Turnkey! Owner is a CA real estate agent. Great income property that has always rented quickly with almost no vacancies over the last 20 years. Room to increase the rents as long term rentals or make even more as vacation rentals. The front house is a 1 bedroom 1 bath house with a large bonus room that works well as an office or spare bedroom. The duplex has an upper 2 bedroom 1 bath unit with private balcony and a lower nonconforming 2 bedroom 1 bath unit with a large yard/patio area. (Might be possible to convert to an ADU?) There are 2 parking spots off of the alley with room for a 3rd tandem parking spot. This property is Zoned RM 1-1 so it may be redeveloped into 2 homes of approximately 1,875 sq ft each with rooftop decks and bay/ocean/city views. The front house was taken down to the studs 20 years ago and remodeled. It is in great condition inside/out with bamboo & stone flooring, over-sized bathtub, AC in the bedroom, matching kitchen appliances and front loading washer/dryer. Relax after a day at the beach in your high end 6 person Jacuzzi hot tub as you are surrounded by bamboo and palms. The rear duplex has recently been updated with matching stainless steel refrigerators, stoves/ovens, dishwashers, microwaves, new cabinets, counter-tops, stylish glass tile back splashes, fresh paint and more. New roof and gutters were installed in 2018 and new vinyl windows were installed 3 years ago. The duplex has a shared laundry room with a coin operated commercial Speed Queen washer/dryer. The electric panels ha...
200044959
Cluster, Multi Level
San Diego
1960
0.11 Acres
Gas Water Heater
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Courtesy: Timothy Tusa - Coldwell Banker Realty
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