26
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$799,000
Est. payment /mo
3 Beds
2 Baths
981 SqFt
Active
631 S Gregory Street San Diego, CA 92113
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Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 981 sqft
Price per Sqft $814
MLS Listing ID NDP2603253
Bedrooms 3
Full Baths 2
Year Built 1940
Lot Size 3,694 Sqft
Property Sub-Type Townhome
Property Description
Rare opportunity to own a well-positioned duplex in the heart of San Diego ready for its next owner, offering strong rental history, flexibility, and upside potential at a price below market value. One unit is a spacious 2 bed / 1 bath, previously rented at $3,300/month, while the other unit is a 1 bed / 1 bath, previously rented at $2,200/month. Together, the property has demonstrated solid income potential with a history of consistent rental demand. Each unit includes its own laundry, enhancing tenant convenience. Both units also benefit from dedicated yard space, providing additional livability and appeal for long-term tenants. The property offers additional upside with space to expand a parking pad in the front yard area which is an opportunity to further improve functionality and potentially increase value. Whether youre an investor seeking reliable cash flow, or an owner-occupant looking to live in one unit while offsetting your mortgage with rental income, this duplex presents a compelling opportunity with immediate income and future upside. This property also offers a VA loan assumption for eligible VA Buyer's with entitlement available. Low gap and a rate below today's market. Inquire for details on the assumption.
Location
State CA
County San Diego
Zoning Multi Fami
Direction GPS
Interior
Cooling Wall/Window
Fireplaces Type Other/Remarks
Fireplace No
Appliance Dryer, Washer
Exterior
View Y/N Yes
Water Access Desc Other/Remarks
View Other/Remarks, Neighborhood
Building
Story 1
Sewer Public Sewer
Water Other/Remarks
Level or Stories 1
Others
Senior Community No
Tax ID 5456321000
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2603253
Listed by Rosey Tuttle, DRE#02177691 Real Broker
NEARBY SCHOOL & BUSINESS