2848-52 Morningside St, PARADISE HILLS, CA

$1,395,000

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6

Beds

4

Baths

About 2848-52 Morningside St

Variance granted 2-4 Units. MONEY MAKER! 3 units in one building. RARE and valuable investment opportunity! Updated main home is 1,104 sft 3/2 single level with gorgeous westerly canyon views and panoramic sunsets over the Pacific & downtown from your large covered deck that runs the length of the house. 2023 newly built and legally permitted ADUs feature a 2BR ADU 758 sft & 1BR JADU 499 sft. Soundproofed and built for comfort, these two ADUs were taken down to the studs and well built. The west facing JADU also offers beautiful canyon views and gorgeous sunsets. The location is quiet and convenient. Hidden in a serene corner high on a mesa just north of Bonita, it’s only a 4 minute drive to Westfield Plaza Bonita, faster to I-805 and 54, and a quick drive to downtown. Significant rental income can help pay your mortgage! Move into a unit to qualify for a low-down payment mortgage OR $7660/month renting all 3 units. This amazing investment opportunity offers 3 easily rentable units with separate addresses, front doors, outdoor space, washers/dryers and electrical meters. Main home & JADU have terrific tenants until June 2025 at $3,070 and $2,125. 2BR ADU just signed 12 mo lease at $2,395. Must see to appreciate the view and neighborhood.

Features of 2848-52 Morningside St

MLS® # 240028708
Price $1,395,000
Bedrooms 6
Bathrooms 4.00
Acres 0.00
Year Built 1975
Type Residential Income
Status ACTIVE

Community Information

Address 2848-52 Morningside St
Area PARADISE HILLS (92139)
Subdivision South Paradise Hills
City PARADISE HILLS
County San Diego
State CA
Zip Code 92139

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Other/Remarks
Fireplace No
# of Stories 2

Exterior

Exterior Stucco
Roof Composition

Additional Information

Date Listed December 2nd, 2024
Days on Market 69
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker

Listing Map

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