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2044 Madison Ave

University Heights, CA 92116
  • $1,200,000
  • STATUS: BACK ON MARKET
  • ON SITE: 80 Days
  • ID#: 230018249
UPDATED: 218 min ago
$1,200,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Ratings & Info

Description

Fabulous two-on-one! Experience the warmth of this craftsman-style home, featuring a spacious family room adorned with a cozy fireplace, creating an inviting atmosphere. The large, eat-in kitchen boasts an abundance of cabinet and counter space. With two bedrooms and one bath, this residence offers comfort and charm. Additionally, a separate cottage awaits, complete with two bedrooms, one bathroom, a comfortable living room a separate dining room, and a tastefully designed kitchen. Perfect for personal enjoyment or as an income-generating asset, this property also boasts the convenience of four-car+ parking in the driveway. Welcome to a delightful blend of character and practicality. With the RS-1-7 zoning overlay and the benefits of the Complete Communities and Transit Priority initiatives, this fabulous two-on-one is positioned for opportunity. Whether you choose to move into the primary residence and rent the ADU, or explore other options for expansion, the potential for creating multiple rental units is a lucrative investment opportunity. Located in the heart of University Heights, this property is surrounded by the vibrant energy of the metropolitan community. From artistic attractions to gourmet restaurants and lush parks, you'll have access to a dynamic urban lifestyle just moments away from your doorstep.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/143475888
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2044 Madison Ave University Heights, CA 92116

  • Price: $1,200,000
  • Status: BACK ON MARKET
  • On Site: 80 Days
  • Updated: 218 min ago
  • ID#: 230018249
4
Beds
2
Baths
0
½ Baths
0.11
Acres
1945
Built
Neighborhood:
University Heights
County:
San Diego
Area:
Normal Heights (92116)
Property Description
Fabulous two-on-one! Experience the warmth of this craftsman-style home, featuring a spacious family room adorned with a cozy fireplace, creating an inviting atmosphere. The large, eat-in kitchen boasts an abundance of cabinet and counter space. With two bedrooms and one bath, this residence offers comfort and charm. Additionally, a separate cottage awaits, complete with two bedrooms, one bathroom, a comfortable living room a separate dining room, and a tastefully designed kitchen. Perfect for personal enjoyment or as an income-generating asset, this property also boasts the convenience of four-car+ parking in the driveway. Welcome to a delightful blend of character and practicality. With the RS-1-7 zoning overlay and the benefits of the Complete Communities and Transit Priority initiatives, this fabulous two-on-one is positioned for opportunity. Whether you choose to move into the primary residence and rent the ADU, or explore other options for expansion, the potential for creating multiple rental units is a lucrative investment opportunity. Located in the heart of University Heights, this property is surrounded by the vibrant energy of the metropolitan community. From artistic attractions to gourmet restaurants and lush parks, you'll have access to a dynamic urban lifestyle just moments away from your doorstep.
Exterior Features

Exterior Wood/Stucco Fencing Partial Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Spaces Total Unit1 1.0 Parking Spaces Total Unit2 1.0 Parking Spaces Total Unit3 0.0 Parking Spaces Total Unit4 0.0 Roof Composition Site Corner LotCurbsSidewalks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 1

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Wall/Gravity Heat Source Other/Remarks Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 2 Units With Fireplaces 1 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community UNIVERSITY HEIGHTS Complex Park k/n Cross Streets Alabama Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 0 Home Owners Assoc Fee Includes Sewer Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays N/K Terms CashConventional Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Rent Actual 0.0

San Diego MLS logo Listing provided courtesy of Craig Gagliardi of Berkshire Hathaway Homeservices California Properties: 858-551-7288. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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