Live in the front house and offset the mortgage by renting out the back two units! This 3 unit property offers you the best of both worlds - your dream home without the dream home monthly payment! Cap Rate: 5% and GRM: 14. The main house offers over 2,200 sq ft of elegant living space, featuring 4 bedrooms, 3 bathrooms, an open floor plan, a chef's kitchen with granite countertops, an expansive master suite w/ double vanity sinks, walk-in closet, separate laundry room, and attached 2 car garage. Step outside to a private, turfed backyard perfect quite nights with the family or entertaining friends and relatives. This property also includes two income-generating units: a fully remodeled 2-bedroom, 1-bathroom unit with in unit W/D hooks up and 2 tandem parking spaces. The upstairs unit, a modern stylish studio with a large deck and stunning bay views. Fully paid solar adds to its appeal, making this home both luxurious and sustainable. Embrace the best of California living with this unique real estate opportunity! Minutes to shops, restaurants, and beaches.
Veteran owned and operated, the Kappel Realty Group is a team of Realtors focused on educating and assisting real estate buyers and sellers in the San Diego region. Nearly all of our agents have advanced degrees and master’s degrees in real estate or finance and half our agents are military veterans.