4459 32nd St

Improvements including full exterior painting complete and all new roofs in progress. Irreplaceable 1926 built Spanish-style front 2bed+1bath house with plentiful charm and character, front yard, raised porch, and 2-car tandem driveway parking. New flooring, bathroom upgrades, and W/D hookups. (3) 2bed+1bath units in rear triplex built 1983. (4) storage garages in rear alley – POTENTIAL FOR ADUs $$$! Healthy current income at a 5%+ cap rate on current rents. If you're looking for cash flow, this is the deal to consider. Common area gated courtyard with coin-op laundry. Additional income from laundry, parking, and garage/storage with room to increase. Tenants pay all utilities! 2 off-street parking spaces in rear alley. Front yard is ready for additional parking. Units have vinyl wood-like flooring and SS appliances. Some units have additional storage or a bonus room. Highly desirable, central Normal Heights location near Adams Ave retail with easy access to 805 freeway. Convenient central San Diego location near public transit. 20-miuntes to downtown, Balboa Park, Zoo, beaches, airport, etc. Zoned RS-1-7; Transit Priority Area and Transit Area Overlay Zones.