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631 Gregory Street S San Diego CA 92113
Price $ 799,000
Listing ID NDP2603253
Status Active
Property Type Duplex
County San Diego
Beds 3
Baths 2
House Size 981
Year Built 1940
Days on website 10
Description
Rare opportunity to own a well-positioned duplex in the heart of San Diego ready for its next owner, offering strong rental history, flexibility, and upside potential at a price below market value. One unit is a spacious 2 bed / 1 bath, previously rented at $3,300/month, while the other unit is a 1 bed / 1 bath, previously rented at $2,200/month. Together, the property has demonstrated solid income potential with a history of consistent rental demand. Each unit includes its own laundry, enhancing tenant convenience. Both units also benefit from dedicated yard space, providing additional livability and appeal for long-term tenants. The property offers additional upside with space to expand a parking pad in the front yard area which is an opportunity to further improve functionality and potentially increase value. Whether you’re an investor seeking reliable cash flow, or an owner-occupant looking to live in one unit while offsetting your mortgage with rental income, this duplex presents a compelling opportunity with immediate income and future upside. This property also offers a VA loan assumption for eligible VA Buyer's with entitlement available. Low gap and a rate below today's market. Inquire for details on the assumption.
Location
Financial Information
List Price: $ 799000
Property Features
Appliances: Dryer, Washer
Community Features: Sidewalks
High School District: See Remarks
Laundry Features: Outside
Levels: One
Lot Features: Yard
Senior Community YN: false
View: Neighborhood
High School District: See Remarks
Senior Community YN: false
MLS Area Major: 92113 - Logan Heights
City: San Diego
Listed By:   Rosey Tuttle   Real Broker 
CA Lic#
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