4763 34th
San Diego, CA 92116

Gorgeous new duplex in Normal Heights, walk to restaurants, shops, schools & parks. Both units have NEW: kitchens, bathrooms, dual pane windows, flooring, roofs, plumbing, electrical, ss appliances. Significant storage & counters, new fixtures, house & landscaping professionally designed. Back has 115 sq ft sliding glass door balcony & tankless water heater. New work Permitted & up to code. Ample Parking. Actual Gross rent is $70,800! 5.9% actual Cap Rate! Seller may carry up to 20%! Very easy to rent Actual Cap Rate is 5.9% compared to 5.12% for this market. Rents are avg market rate for area and are at $1.96 per square foot for front house and $1.90 per square foot for back house. Potential to condo convert and sell each as each has separate SDG&E. Front house is a original 1940's craftsman with 2 story addition. Classic house was maintained and updated with 800 square foot, fully permitted and up to code addition, including master suite upstairs with office and walk-in closet, new kitchen, custom island, and 4th bedroom. New tank water heater, new roof on both old house and addition. Carefully restored original front windows with pulleys new dual pane windows in addition. Back house in fully permitted and up to code new construction, with tankless water heater and dual master bedrooms upstairs. Neighborhoods: North of Adams Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 4765 Unit # for Unit 2: 4763 Number of Furnished Units: 0 Topography: LL