ATTENTION INVESTORS. RARE INVESTMENT OPPORTUNITY! THE GREATEST RENTAL INCOME PROPERTY YOU CAN FIND IN SAN DIEGO TODAY. BUY AS IS, OR PARTNER WITH OWNERS TO REBUILD, THEN RENT, OR SALE. HOUSE IS IN THE PROCESS OF RENOVATION, STRIPPED DOWN TO STUDS. ARCHITECTURAL CONSTRUCTION DRAWINGS WITH CITY PERMITS. RENTING INDIVIDUAL ROOMS ALLOWED. Large house with 10 bedrooms, 7 bathrooms, centrally located in Lemon Grove, on a flat corner lot, surrounded by trees and bushes. There is a parking lot in front of the property and a peaceful, private yard in the back. The property is in walking distance to grocery shops, restaurants, public transportation and offices. The house is being rebuild after the fire. This will be a brand new house. The buyer can decide on finishing touches according to your taste and standard. This is a residential income rental property, which could be used for independent living facility, or Airbnb; ideal investment for owner/manager... Rooms were renter individually bringing nice income. Forecasted gross monthly income based on the past history - over $10K. Expenses: utilities and management. Major expense - electricity can be reduced by installing solar panels. Low maintenance and no repairs, as it will be brand new house. PLEASE DO NOT CALL TO GET A LISTING! One of the owners is a real estate agent. Call GREG (619) 994-8066 to discuss the details if you are a SERIOUS buyer.
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