3969 Twiggs St is a charming three-unit property ideally situated in the heart of San Diego's historic Old Town neighborhood, one of San Diego’s leading tourist destinations that sees nearly 3 million annual visitors. The property consists of two generously sized, standalone units. The front house is an 800 SF one-bed/one-bath residence, while the detached rear building has two units: an upstairs 875 SF two-bed/one-bath and a downstairs bootleg studio unit of approximately 650 SF. The property features a driveway that leads to three surface parking spaces. There is also an oversized shared backyard area. The Old Town zoning designation of OTCC 2-2 allows for numerous uses including residential and many forms of commercial/retail. The base density of 1 per 1,750sf of lot allows for 4 residential units by-right. A significant value-add opportunity exists to convert the rear bootleg studio unit into a legal ADU. The studio already has a dedicated bathroom and easy access to hot & cold water and gas lines.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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