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3418 3420 Monroe AveSan Diego, CA 92116

For Sale

$1,369,999

Smart Buyer Rebate $13,700

High Demand Normal Heights 2 on 1! CASH FLOW of 120k annual income w/STR. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV! High Demand Normal Heights 2 on 1! CASH FLOW of 120k annual income w/STR. Zoned R-3 Multiple & Remdld in 2019. Quintessential Spanish 3/2 Cottage hs w/separate Permitted ADU in coveted Normal Heights, 2 city blocks to lively Adams Ave! This METICULOUSLY maintained 3 bedrm 2 bath house is currently a high income producing STR & MTR! Features incl entertainment decks at both the front and rear of house and LARGE Private yards including gas firepit, Tuff Shed Storage and MORE parking! Showcases modern designed kitchen w/an open floorplan! Upgrades include wood laminate floors, white shaker cabinets, quartz countertops, stainless steel appliances, Spanish inspired tilework and recessed lighting throughout while keeping some of the old world charm of yesteryear architectural design. Lot has hi potential for additional builds! Renovation items includes new sewer line, new electrical panel, new plumbing, sealed roof, new water heater, new windows and reinforced foundation etc. Water tolerant landscape throughout including Turf in both private yards! The SEPARATE PERMITTED ADU Studio is currently used as a high income producing 'Mid-Term' rental (minimum 30 days) and features modern conveniences including great use of space, shaker cabinets, quartz counters, stainless steel appliances, recessed lighting and split unit AC. . Each home has Private yards, Parking and Entrances which make it PERFECT for current use or multi-generational living and/or Live in One w Supplemental income! This property has off street parking for minimum of 5 vehicles and/or RV!

Listed by Francesca Levy

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License #01078108

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Keller Williams La Jolla

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619-977-7442

Listed by Alexa Ensminger

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License #02197112

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Keller Williams La Jolla

Last updated January 27, 2025

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Source: CRMLS #250000568SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodAdams Park
  • Days on Prevu243

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/23/2025
Price Decreased
$1,369,999
01/07/2025
Listed by Keller Williams La Jolla
$1,379,999

Property Details for 3418 3420 Monroe Ave

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1928

Measurements

  • Lot Features: Sprinklers Manual
  • Lot Size Acres: 0.10
  • Lot Size Area: 4,483
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,483
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 4470101600

Interior

Features

  • Appliances: Gas Water Heater
  • Spa: Yes

Other

Location

  • Subdivision Name: Normal Heights

Utilities

Equipment

  • Cooling: See Remarks, Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Combination, Electric, See Remarks
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.