522 Fergus St, San Diego, CA 92114
Single-family home · 3 recorded sales since 2012
Sold March 2024
Listing Agent: Charles Wheeler (DRE #01969256) · Listing Office: Redfin Corporation · Contact: 877-973-3346 · Bought with: Frances Inda · Century 21 Affiliated · MLS #240000915SD · Source: CRMLS
About this single-family home
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!
Listing description from the March 2024 sale, as reported to CRMLS.
Sale history
