3418-20 Monroe Avenue

San Diego, CA 92116

$1,299,000
Price
4
Beds
3
Baths
1,270 Sq. Ft.
$1,023 / Sq. Ft.
1,270
Sq. Ft.
$1,023
per Sq. Ft.

Description

Location! HI demand Normal Heights! CASH FLOW 120k annual income as Short & Midterm Rentals. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking!...Location! HI demand Normal Heights! CASH FLOW 120k annual income as Short & Midterm Rentals. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV!
  1. Listed by Francesca Levy • DRE #01078108 • Brokerage DRE #01932411 • Keller Williams La Jolla
  2. Listed by Alexa Ensminger • Brokerage DRE #01932411 • Keller Williams RealtyLa Jolla

Property Details for 3418-20 Monroe Avenue

Area
92116 - Normal Heights
Neighborhood
Normal Heights
Community
NORMAL HEIGHTS
View Description
Evening Lights
City Postal ID
NORMAL HEIGHTS (92116)
Cross Street(s)
34th St

Open Houses

Saturday, Oct 26th

11:00 AM - 1:00 PM

Public

Sunday, Oct 27th

1:00 PM - 3:00 PM

Public

LISTING UPDATED: 10/22/2024 10:31 AM

Property Details for 3418-20 Monroe Avenue

StatusActive
MLS #240023397
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.10 AC / 4,356 SF
CountySan Diego County

Building Information for 3418-20 Monroe Avenue

Stories1Residences-Year Built1928Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 3418-20 Monroe Avenue

Summary Information
Property and Location
  • System ID: 240023397
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Year Built: 1928
  • Street Number Numeric: 3418
  • Street Name: Monroe Ave
  • Map Coordinates: 1269F4
  • Complex Features: Laundry Facilities
  • Age Restrictions: N/K
  • Market Area: Metro Uptown
  • Telecommunications: Cable (coaxial)
Parking
  • Parking for RV: Potential Space
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Supplement
  • Supplement: LOCATION! HI demand Normal Heights! CASH FLOW 120k annual income as Short & Midterm Rentals. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV!
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 1
  • Num of Units w/Cooling: 2
  • Cooling: See Remarks, Wall/Window Unit(s)
  • Heat Equipment: Fireplace, Other/Remarks, Wall/Gravity
  • Water Heater Type: Gas
  • Heat Source: Electric
Exterior Features
  • Exterior: Stucco
  • Roof: Composition, Tile/Clay
  • Fencing: Full
  • Security: Eqpt Owned
  • Pool: N/K
  • Pool Heat: None Known
  • Spa Heat: None Known
Property Information
Property and Assessments
  • Total Stories: 1
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Frontage: N/K
  • Additional Property Use: N/K
  • Topography: Level
  • Site: Alley Access, Curbs, Public Street, Sidewalks, Street Paved
  • Zoning: R-3:RESTRI
  • Complex/Park: n/a
  • Assessors Parcel Num: 447-010-16-00
  • Miscellaneous: N/K
Utilities
  • Water: Meter on Property
  • Sewer/Septic: Sewer Connected
  • Irrigation: Manual
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 3418
  • Parking Garage Unit 1: N/K
  • Parking Non-Garage Unit 1: Gated, Uncovered
  • Unit 1 Num of Bedrooms: 3
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Deposit: $0
  • Unit 1 Estimated SqFt: 900
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Owner
  • Unit 1 Prkng Garage Space: 0
  • Unit 1 Rent Actual: $7,426
Unit 2
  • Unit Num for Unit 2: 3420
  • Parking Garage Unit 2: N/K
  • Parking Non-Garage Unit 2: Uncovered
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Estimated SqFt: 370
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Owner
  • Unit 2 Prkng Garage Space: 0
  • Unit 2 Rent Actual: $2,700
Unit 3
  • Parking Garage Unit 3: N/K
  • Parking Non-Garage Unit 3: None Known
  • Unit 3 Num of Total Baths: 0
Unit 4
  • Parking Garage Unit 4: N/K
  • Parking Non-Garage Unit 4: None Known
  • Unit 4 Num of Total Baths: 0
Building Details
  • Heating: Electric, Combination, See Remarks

Property History for 3418-20 Monroe Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3418-20 Monroe Avenue

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
Charter - K to 8
Rating
School
Distance
Adams Elementary School
PublicK to 5

Wilson Middle School
Public6 to 8

Hoover High School
Public9 to 12

San Diego Global Vision Academy
CharterK to 8

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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3418-20 Monroe Avenue is a multi-family home for sale in San Diego, CA 92116. This property was listed for sale on October 2, 2024 by Keller Williams La Jolla, it's currently listed at $1,299,000. This listing's school district is San Diego Unified School District. Nearby schools include Adams Elementary School, Wilson Middle School and Hoover High School. 3418-20 Monroe Avenue is a 4-bed, 3-bath, 1,270 sqft multi-family home built in 1928.

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 Keller Williams La Jolla, Francesca Levy, DRE #01078108; Keller Williams RealtyLa Jolla, Alexa Ensminger

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