San Diego, CA 92114,522 Fergus St
San Diego, CA 92114,522 Fergus St
San Diego, CA 92114,522 Fergus St
$790,000
Est. payment /mo
$765,000
3.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4 Beds
4 Baths
1,377 SqFt
SOLD DATE : 03/08/2024

Key Details

Sold Price $790,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,377 sqft

Price per Sqft $573

Subdivision Encanto

MLS Listing ID 240000915SD

Sold Date 03/08/24

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1950

Lot Size 8,145 Sqft

Property Description

Welcome to this recently renovated 4-bedroom, 3-bathroom home that has undergone extensive updates, making it a true gem. As you step inside, you'll immediately notice the brand-new kitchen featuring solid Calcutta countertops and beautiful kitchen cabinets. The upgrades continue with new flooring throughout the entire house, providing a fresh and modern look as well as updated bathrooms and plumbing. Every room and living space have been illuminated with new lighting fixtures, creating a bright and welcoming atmosphere. Outside, the property has new beautiful synthetic turf, making it easy to maintain. Situated on a spacious lot just minutes from downtown, you'll enjoy both convenience and space. Solar is installed and paid for, keeping utilities cost very low. But that's not all – this property is ready to generate income! Two of the bedrooms have their own separate entrance, making them perfect for rental income. Additionally, there's a park-model RV on the premises, currently rented to long-term tenants. Furthermore, the garage is also generating rental income. If you're looking for an ADU (Accessory Dwelling Unit) opportunity, this property is ready for it! With a small investment, the garage can easily be converted into a 2-bedroom ADU, adding to the income potential of the property. The garage, complete with a bathroom, was previously used as a living unit, and plumbing and electrical work have already been installed. The owner will even provide schematic drawings to facilitate the conversion process. With the home rentals, ADU and RV rental, and this property has the potential to bring in an impressive monthly income. Investors will appreciate the home's proximity to mass transit, offering additional benefits. Located in a Promise Neighborhood, it qualifies for tax incentives and SB10, which could allow for up to 10 units on the property! Don't miss this fantastic opportunity to own a beautifully updated home with income potential and ADU possibilities in a prime location!

Location

State CA

County San Diego

Area 92114 - Encanto

Zoning COMMERCIAL

Interior

Interior Features Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Storage

Heating Electric, High Efficiency, Heat Pump

Cooling Heat Pump

Flooring Laminate

Fireplace No

Appliance Gas Cooking, Gas Cooktop, Gas Oven, Gas Range

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Outside, See Remarks

Exterior

Parking Features Driveway, Gated, Uncovered

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link, Fair Condition, Wrought Iron

Pool None

View Y/N Yes

View None

Roof Type Shingle

Attached Garage No

Total Parking Spaces 8

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5490521600

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Charles Wheeler • Redfin Corporation
Bought with Frances Inda • Century 21 Affiliated

GET MORE INFORMATION

Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.