3554 Sydney Place San Diego, CA 92116

2 Beds
2 Baths
630 Sqft
7,224 Sqft lot
0.17 Acre lot
Status: Active
Property Type: Detached
Year Built: 1980
Neighborhood: Adams Avenue North
Days on Website: 70

Courtesy of Century 21 Affiliated

Description

Entertaining offers between $1,000,000 - $1,089,990! Discover a prime investment opportunity in the heart of Adams Ave. North, San Diego, with this beautifully remodeled two-unit property. Built in 1980, this asset boasts modern upgrades tailored for savvy investors seeking high cash flow potential. The upper-level unit welcomes you with an open layout accentuated by elegant shaker white cabinets and stainless steel appliances. Enjoy the convenience of a mini split AC unit, washer/dryer hookups, and a spacious 350+ square foot outdoor deckperfect for attracting short-term rental guests or long-term tenants. Downstairs, the allure continues with a front balcony offering stunning canyon views. This unit mirrors the upper level's conveniences with its own mini split AC unit and in-unit laundry. Both units are turnkey and currently thrive as short-term rentals, consistently booked and generating impressive cash flow. Set against a picturesque canyon backdrop, the property provides an appealing outdoor setting that enhances its investment value. The vibrant Adams North neighborhood is a magnet for tenants, offering a dynamic lifestyle with trendy bars, diverse dining options, boutique shopping, and parks. Its proximity to major freeways ensures easy access for commuters and visitors alike! This property is a standout choice for investors eyeing a dual-income opportunity with potential for appreciation.

Open House

Property Details and Features

  • 2 full bathrooms
  • 2 total bathrooms
  • 2 bedrooms
  • 2 total bedrooms
  • 630 estimated square feet
  • Source: Assessor Record
  • Built in 1980
  • 2 stories
  • 2 units in complex
  • split level
  • Privacy
  • Tankless
  • Closet Stacked
  • Laundry Room
  • Outside
  • Gas & Electric Dryer HU
  • Source: SDMLS
  • For Sale
  • 70 days on market
  • Listed on 2024-11-08
  • County: San Diego
  • Approximately 7,224 square feet
  • 4,000-7,499 SF
  • Approximately 0 acres
  • Preserve/Public Land
  • Urban
  • Valley/Canyon
  • Shingle
  • Elementary School: San Diego Unified School District
  • Middle School: San Diego Unified School District
  • High School: San Diego Unified School District
  • Public Sewer