$1,299,000
3418-20 Monroe Ave, Normal Heights Ca 92116
Home Highlights
Property Type
Residential Income
Status
Active
Year Built
1928
Listing Date
2024-10-02
Listing ID
240023397
About this home
LOCATION! HI demand Normal Heights! CASH FLOW 120k annual income as Short & Midterm Rentals. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV!
Features
Cooling
Other/Remarks , Wall/Window Unit(s)
View
Evening Lights
Pool
None
Appliances
Gas Water Heater , Dishwasher , Range/Oven , Refrigerator , Dryer , Washer
Fireplace Yes/No
Heating
Electric , Fireplace(s) , Other/Remarks , Wall/Gravity
Listed by
Francesca Levy - Keller Williams La Jolla
sdlevyoffers@gmail.com