1912-16 33rd St

1912-16 33rd St is a 4 unit property located in the heart of the highly desirable South Park neighborhood of San Diego. The property consists of a renovated 4 Bedroom 1 Bath front house, 1 Bedroom / 1 Bath Cottage, and Duplex. The duplex structure was originally a 2bed/2bath that was split into two 1br units (without permits). This property is abundant of original mid-century character and curb appeal. A savvy owner-user might occupy the front house and utilize the rent from the other three units to subsidize the mortgage. This unique property has tremendous upside in rents and lies in a pocket of San Diego that is destined for continued growth. The front house is in mint condition featuring hardwood floors, a private front yard, a single car garage, and tile in the kitchen and bathroom. The back units have a private driveway, and private patios overlooking the canyon with views of the coronado bridge. From this property, tenants can walk to many of the shopping, eating, and entertainment options that South Park has to offer. In addition, Balboa Park and all of its wonderful amenities are also within walking distance. There is a large undersupply of units in San Diego so demand remains very strong - especially in South Park where the vacancy is historically low at about 2%. Don’t miss your opportunity to own this rare and unique property and lock in ultra low interest rates for the next 30 years!