2848-52 Morningside St, San Diego, CA 92139

$1,395,000 Asking Price

6 beds
4 baths
2,361  sqft
Built in 1975

Unicorn Alert! 3 units in one building. RARE and valuable investment opportunity! Updated main home is 1,104 sft 3/2 single level with gorgeous canyon views and panoramic sunsets over the Pacific & downtown from your large covered deck that runs the length of the house. 2023 newly built and legally permitted ADUs feature a 2BR ADU 758 sft & 1BR JADU 499 sft. Soundproofed and built for comfort, these two ADUs were taken down to the studs and well built. The west facing JADU also offers beautiful canyon views and gorgeous sunsets. The location is quiet and convenient. Hidden in a serene corner high on a mesa just north of Bonita, it’s only a 4 minute drive to Westfield Plaza Bonita, faster to I-805 and 54, and a quick drive to downtown. Significant rental income can help pay your mortgage! Move into a unit to qualify for a low-down payment mortgage OR approx. $7840/month renting all 3 units. This amazing investment opportunity offers 3 easily rented, units with separate: addresses, front doors, outdoor space, washers/dryers and electrical meters. Main home & JADU have terrific tenants until June at $3,070 and $2,125. 2BR ADU last rented for $2,645. Must see to appreciate the view and neighborhood.

Features & Amenities

Interior

Laundry:
Closet Full Sized
Flooring:
Vinyl Tile
A/C:
N/K
Heating:
Forced Air Unit, Natural Gas
Disability Feature:
Disability Features,No Interior Steps

Exterior

General:
Stucco
Pool:
N/K
Parking:
Driveway - Concrete, Parking spaces: 2

Construction

Roofing:
Composition
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
SDMLS
County:
San Diego

Lot

Topography:
Slope Steep
Zoning:
587-310-14-00
View:
Evening Lights,Parklike,Valley/Canyon
Fencing:
Fair Condition
Restrictions:
None Known

Utilities

Water:
Meter on Property
Sewer:
Sewer Connected

Financial

Source:
SDMLS
Ownership:
Fee Simple

This listing courtesy of:
Real Broker, Julie Adams

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.

Similar Homes

Message

Interested in this home?

Request more information: