2848-52 Morningside Street

San Diego, CA 92139

$1,395,000
Price
6
Beds
4
Baths
2,361 Sq. Ft.
$591 / Sq. Ft.
2,361
Sq. Ft.
$591
per Sq. Ft.

Description

Variance granted 2-4 Units. Money maker! 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...Variance granted 2-4 Units. Money maker! 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.
  1. Listed by Julie Adams • DRE #01409835 • Brokerage DRE #02022092 • Real Broker

Property Details for 2848-52 Morningside Street

Area
Paradise Hills (92139)
Neighborhood
South Paradise Hills
Community
PARADISE HILLS
City Postal ID
PARADISE HILLS (92139)
Cross Street(s)
Rolling Hills Dr
LISTING UPDATED: 12/23/2024 04:36 PM

Property Details for 2848-52 Morningside Street

StatusActive
MLS #240028708
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size-
CountySan Diego County

Building Information for 2848-52 Morningside Street

Stories2Residences-Year Built1975Building Size-Lot Size-

Property Information for 2848-52 Morningside Street

Summary Information
Property and Location
  • System ID: 240028708
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 1975
  • Street Number Numeric: 2848
  • Street Name: Morningside St
  • Age Restrictions: N/K
  • Market Area: South Bay
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 0
  • Num of Units w/Cooling: 1
  • Cooling: See Remarks
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: Partial
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Pets: Yes
  • Entry Only: No
  • Lot Size: .5 to 1 AC
  • Lot Size Source: Assessor Record
  • Complex/Park: none
  • Assessors Parcel Num: 587-310-14-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 2852
  • Unit 1 Num of Bedrooms: 3
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Deposit: $3,070
  • Unit 1 Estimated SqFt: 1,104
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $3,300
  • Unit 1 Rent Actual: $3,070
Unit 2
  • Unit Num for Unit 2: 2848
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Estimated SqFt: 758
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Vacant
  • Unit 2 Projected Rent: $2,645
  • Unit 2 Rent Actual: $0
Unit 3
  • Unit Num for Unit 3: 2850
  • Unit 3 Num of Bedrooms: 1
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $2,125
  • Unit 3 Estimated SqFt: 499
  • Unit 3 Exclusive Use Yard: Yes
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 3 Occupied: Tenant
  • Unit 3 Projected Rent: $2,125
  • Unit 3 Rent Actual: $2,125
Unit 4
  • Unit 4 Num of Total Baths: 0

Property History for 2848-52 Morningside Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2848-52 Morningside Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Lee Elementary School
PublicK to 5

Bell Middle School
Public6 to 8

Morse High School
Public9 to 12

San Diego Scpa School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2848-52 Morningside Street is a multi-family home for sale in San Diego, CA 92139. This property was listed for sale on December 2, 2024 by Real Broker, it's currently listed at $1,395,000. This listing's school district is San Diego Unified School District. Nearby schools include Lee Elementary School, Bell Middle School and Morse High School. 2848-52 Morningside Street is a 6-bed, 4-bath, 2,361 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, Julie Adams, DRE #01409835

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