Dual – APN condo investment/Prime value – Add opportunity A stand out opportunity for the savvy investor or seasoned contractor. This 1800 square-foot residence currently encompasses two combined condominium units under a single ownership, each carrying its own APN – setting the stage for a compelling value – add project. The vision is straightforward: restore the property to its original two – unit configuration, creating two separately, rentable condos with strong income potential. With the dual – APN structure already in place, the groundwork for the strategy is built right into the deal. Adding to the appeal, each unit comes with its own assigned tandem underground gated garage parking-a highly desirable amenity that strengthens rental demand and long - term value in any market For the right buyer with the skills and foresight to execute, this is a rare chance to acquire a single asset with two exit strategies – rent both units, sell them individually, or hold as a multi – unit income property. Properties of this kind of built – in upside, don’t come along often. Low HOA no Mello Roos
42 days
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230
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7
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Zillow last checked:
Listing updated:
Listed by:
Viola WheelihanDRE #01995818vwheelihan@gmail.com,
Real Estate Coastal Style
Source: CRMLS,MLS#: NDP2605762Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bathrooms: 3
Main level bedrooms: 3
Rooms
Room types: Bedroom, Den, Entry/Foyer, Great Room, Kitchen, Primary Bathroom, Other
Bedroom
Features: Bedroom on Main Level
Other
Features: Walk-In Closet(s)
Cooling
None
Appliances
Included: Dryer, Washer
Features
Bedroom on Main Level, Walk-In Closet(s)
Has fireplace: Yes
Fireplace features: Gas
Common walls with other units/homes: 2+ Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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