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.
DAYS ON MARKET
|
51
|
LAST UPDATED
|
7/19/2024
|
TRACT
|
Bostonia
|
YEAR BUILT
|
1949
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
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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