Area: 1900 SqFt.
These award-winning units rarely come up for sale! This is a downtown detached single-family 4 bed/4bath home with no HOA. Attached oversized garage - gated entry/exit. Great for an investor! No time wasted on permits, construction, relying on installers or crew. All the hard work is done! Available as a turnkey! Currently used as a high-end vacation rental with a 5-Star rating from 61 traveler's reviews! Can be ran from out-of-state. Reliable cleaners already setup. 2019 - 7-month 108K gross/82 net/cap rate 10.0%. 2020 - gross 96K/68K net/cap rate 4.8% (pandemic). Detailed records available. Gutted and remodeled in 2019. New custom kitchen cab/quartz countertops/Wolf range/Kit Aid/Bosch appl/3 AC units/new tankless water heater/new porcelain tile flooring. 4 baths with new tile/shower fixtures/quartz countertops. All lighting/doors/casings/hardware/switches/outlets/and baseboards replaced. Washer/Dryer on 3rd floor/additional hookups in the garage. High ceilings, two balconies and lots of natural light. Soundproof windows in street facing bedrooms. Custom 17 X 10 entry mural painted by local artist. Designed from top to bottom to reflect a cool California vibe! Classified as a single-family home (has its own lot). Zoned CCPD-R which allows commercial uses. Prime location - 5 blocks to Petco Park and Gaslamp Quarter! The upstairs loft bedroom could be an enormous bonus room. High-end designer furnishings and décor available for additional consideration. Must see to appreciate the quality of the home! All information should be verified before close of escrow.
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