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$ 850,000
Est. payment /mo
New
545 Radio San Diego, CA 92114
5 Beds
3 Baths
1,462 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 1,462 sqft
Price per Sqft $581
Subdivision Encanto
MLS Listing ID SB26087682
Bedrooms 5
Full Baths 3
Year Built 1955
Lot Size 0.444 Acres
Property Sub-Type Townhome
Property Description
Exceptional value-add opportunity featuring two homes on one lot with significant upside potential. This versatile property is ideal for investors seeking multiple income streams and future development opportunities. The front residence is a 3-bedroom, 1.5-bath home that was fully renovated in 2020, offering modern finishes and strong rental appeal. The rear unit is a well-maintained 2-bedroom, 1-bath home with washer and dryer hookups and a spacious private backyard, enhancing tenant desirability. Situated on a uniquely configured L-shaped lot, the property provides ample space for expansion, with additional land at the rear presenting potential for ADU development or other value-add projects (buyer to verify all possibilities and conduct their own due diligence). With its flexible layout, existing improvements, and development potential, this asset offers a compelling opportunity to increase cash flow, maximize land use, and drive long-term appreciation. Ideal for experienced investors looking to unlock additional value.
Location
State CA
County San Diego
Direction Cross Street: Market Street
Interior
Heating Wall/Gravity
Fireplace No
Laundry Washer Hookup
Exterior
View Y/N Yes
Water Access Desc Public
View Valley/Canyon
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Schools
School District San Diego Unified School Distric
Others
Senior Community No
Tax ID 5480802000
Acceptable Financing Exchange
Listing Terms Exchange
Special Listing Condition Standard
Listed by Anthony (Tony) Rogondino, DRE#02052749 Vista Sotheby’s International Realty