Active

3554 Sydney Place

Normal Heights CA, 92116

$1,000,000


$1,587.30 per sqft

Active

2 Beds

2 Baths

630 sqft

Residential

Built in 1980

Entertaining offers between $1,000,000 - $1,089,990! Discover a prime investment opportunity in the heart of Adams Ave. North, San Diego, with this beautifully remodeled two-unit property. Built in 1980, this asset boasts modern upgrades tailored for savvy investors seeking high cash flow potential. The upper-level unit welcomes you with an open layout accentuated by elegant shaker white cabinets and stainless steel appliances. Enjoy the convenience of a mini split AC unit, washer/dryer hookups, and a spacious 350+ square foot outdoor deckperfect for attracting short-term rental guests or long-term tenants. Downstairs, the allure continues with a front balcony offering stunning canyon views. This unit mirrors the upper level's conveniences with its own mini split AC unit and in-unit laundry. Both units are turnkey and currently thrive as short-term rentals, consistently booked and generating impressive cash flow. Set against a picturesque canyon backdrop, the property provides an appealing outdoor setting that enhances its investment value. The vibrant Adams North neighborhood is a magnet for tenants, offering a dynamic lifestyle with trendy bars, diverse dining options, boutique shopping, and parks. Its proximity to major freeways ensures easy access for commuters and visitors alike! This property is a standout choice for investors eyeing a dual-income opportunity with potential for appreciation.

NDP2410260

MLS ID

November 26, 2024

Listed

January 17, 2025

Updated

Map

3554 Sydney Place
Normal Heights CA, 92116

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Freezer, Gas Range, Tankless Water Heater


Laundry Description

Closet Stacked, Laundry Room, Outside, Gas Electric Dryer HU


Fireplace

No


Fireplace Description

None


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Cul-De-Sac, Curbs, Sidewalks, Landscaped, Preserve/Public Land, Urban


Roof

Shingle


Sewer

Public Sewer

School Information

School District

San Diego Unified School District

Other Property Details

Days on Market

70


Garage

No


Parking Total

0


View

Yes


View Description

Valley/Canyon


County

San Diego


Pool

No


Pool Features

None


Zoning

R-1:Single

Listing History

Date

Event

Price

1/16/2025

Price change

$1,000,000

-9%

1/16/2025

Price change

$1,089,990

0%

Listed by Century 21 Affiliated, Tiffani Tu,
Listing Contact: 619-882-8083 

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Data last updated 9:46 AM UTC, 1/17/2025

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