3554 Sydney Place, San Diego, CA 92116

$1,083,000 Asking Price

2 beds
2 baths
630  sqft
Built in 1980

Discover a prime investment opportunity in the heart of Adams 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.

Features & Amenities

Interior

Laundry:
Closet Stacked,Laundry Room,Outside
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

Roofing:
Shingle
General:
Split Level

Location

HOA Amenities:
0.0
Originating MLS:
CR Paragon
County:
San Diego

Lot

Zoning:
R-1:Single, 4401310500
View:
Valley/Canyon
Fencing:
Privacy

Utilities

Sewer:
Public Sewer

Financial

Source:
CR Paragon

This listing courtesy of:
Century 21 Affiliated, Tiffani Tu

About San Diego, CA

Housing

Number of Units
530,112
Median Home Value
$667,960
Median Rent
$1,659

53.36% of housing units are renter occupied.

5.63% are vacant.

Commute

Car
61.31%
Public Transportation
2.76%
Walk to Work
1.90%
Work from Home
32.44%
Other
0.70%

The median travel time to work is 19 minutes.

People

Population
1,316,972
Median Age
36.10
Median Household Size
2.80

Education

High School
14.65%
Associate’s Degree
7.39%
Bachelor’s Degree
28.27%
Graduate Degree
19.58%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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