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  • MLS#: PTP2600264 ( Duplex )
  • Street Address: 220 Southlook Avenue
  • Viewed: 7
  • Price: $1,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2023
  • Bldg sqft: 0
  • Days On Market: 48
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92113
  • Provided by: Richard Montano, Broker
  • Contact: Richard Richard
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This property is more than a homeits a massive development opportunity. Already fully remodeled, the existing 3 bedroom, 2 bath detached home is currently rented, generating income. But the real value lies in the approved plans to build four additional 2 bedroom, 1 bath unitsall city approvals are complete, fees paid, and the sale comes with everything you need to start construction immediately. Its truly shovel ready. Upgrades to the existing home include a new roof, upgraded electrical panel and meters, brand new kitchen cabinets and bathroom vanities, new countertops, LVP flooring, updated doors, fresh interior/exterior paint, retrofit windows, new light fixtures and ceiling fans, new tankless water heater, and more. The exterior has been refreshed with new stucco, gates, landscaping, and exterior lighting. Located in Logan Heights, one of San Diegos most historic and culturally rich neighborhoods, the property is just minutes from the Gaslamp Quarter, East Village, Petco Park, and all that downtown San Diego has to offer. This is a rare opportunity to own a fully renovated income property with immediate expansion potentialall approvals in place, all fees paid, and all plans included. Construction can start tomorrow.
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Gas Oven
  4. Microwave
  5. Refrigerator
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 1388.00
Common Walls
  1. No Common Walls
Cooling
  1. Wall/Window Unit(s)
Days On Market
  1. 37
Electric Expense
  1. 0.00
Entry Location
  1. Front Door
Fencing
  1. Wood
Flooring
  1. Vinyl
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 4142.00
Laundry Features
  1. In Closet
Lot Features
  1. Landscaped
  2. Level with Street
Netoperatingincome
  1. 17798.00
Newtaxesexpense
  1. 14000.00
Parcel Number
  1. 5461812500
Pool Features
  1. None
Property Type
  1. Duplex
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 400104451:CRP
Totalexpenses
  1. 18142.00
Trash Expense
  1. 0.00
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/PTP2600264
Water Sewer Expense
  1. 0.00
Year Built
  1. 2023
Zoning
  1. R-2:MINOR MULTIPLE