Dual Homes on One Lot with Expansion Potential! Introducing 1176-80 Flamingo Ave, a prime investment opportunity offering remarkable versatility and strong income potential. This property is ideal for investors seeking a profitable rental income, multigenerational housing solutions, or a strategic mortgage offset. The main home boasts over 1,900 SF of recently updated living space, featuring 3 spacious bedrooms, 2.5 baths, and an open floor plan, complete with energy-efficient solar panels. The second home, located just above the pool, provides an additional 1,000 SF of living space, offering 3 bedrooms and 2 baths collecting $3K in rents monthly. Situated on a generous 12,000 SF lot, there's ample space for both homes, with existing plans to add a third unit. This property not only delivers immediate rental returns but also offers significant upside potential through future development. Don't miss out on this rare investment opportunity with built-in expansion possibilities.
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DAYS ON MARKET
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51
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LAST UPDATED
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7/19/2024
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|
TRACT
|
Bostonia
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YEAR BUILT
|
1949
|
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COUNTY
|
San Diego
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STATUS
|
Active
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PROPERTY TYPE(S)
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Single Family
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher |
| CONSTRUCTION |
Stucco, Wood Siding |
| HEAT |
Electric, Forced Air |
| LOT |
0.28 acre(s) |
| LOT DESCRIPTION |
Rolling Slope |
| LOT DIMENSIONS |
.25 to .5 AC |
| PARKING |
No Garage |
| POOL DESCRIPTION |
In Ground |
| STORIES |
1 |
| STYLE |
Ranch |
| SUBDIVISION |
Bostonia |
| UTILITIES |
Sewer Connected |
| ZONING |
R-1:SINGLE |
Listed with Regal Properties
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