970 Hanover ST #72 new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92114
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Encanto
MLS Listing ID SW24218013
Bedrooms 4
Full Baths 2
Year Built 1930
Lot Size 0.552 Acres
Property Description
Seller will carry with 10 percent down at a 5.5 percent interest rate. No bank approval needed. Amazing opportunity to get into a duplex with an unpermitted Tiny Home ADU in the back as a third unit. You could absoulety house hack this property and have a small mortgage or no mortgage at all after renting out the tiny home and the top unit. The top unit has a tenant that has been there for 3 years and has always paid rent on time. Tenant just went month to month starting in October after their year lease ended. They would like to stay if possible. There are great views of downtown SD from the top unit. The bottom unit is vacant and ready to be rented out. Each unit is seperately metered and the tiny home is hooked up to the 972 unit. Both units are 2 bedroom 1 bathroom units. The tiny home is 2 stories with a loft upstairs that is perfect size for a bed and some storage. It has a toilet and shower in the bathroom, and a sink in the living room with a vent and space for a small cook top. The home also comes with plans to build a 1200sq ft ADU in the back. The property is almost a half acre with plenty of room to expand and develop for even more cash flow. I have all the disclosures, property inspection, everything you would need to do your due diligence.
Location
State CA
County San Diego
Area 92114 - Encanto
Zoning RS-1-6
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Cooling None
Fireplaces Type None
Laundry Common Area
Exterior
Pool None
Community Features Gutter(s),Street Lights
View Y/N Yes
View City Lights
Building
Lot Description Rolling Slope
Dwelling Type Duplex
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District San Diego Unified
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA 203(b),FHA 203(k),FHA,Fannie Mae,Freddie Mac,Government Loan,Lease Back,Lease Option,Owner Will Carry
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA 203(b),FHA 203(k),FHA,Fannie Mae,Freddie Mac,Government Loan,Lease Back,Lease Option,Owner Will Carry
Special Listing Condition Standard