$1,299,900
4 beds / 2 baths / 1,505 sqft
3671 Madison Ave
San Diego, CA 92116
Logan Banta
(619) 745-0434

Massive Cashflow Advantage: Seller offering full 2-1 interest rate buydown credit! Potentially save over $1300/month on your mortgage payment in year one! Located in highly desirable Normal Heights near Von's and Ward Canyon Park, this turnkey duplex is a premium asset for investors or house hackers. Exceptional rental strength with a combined $6,600/month gross income ($3,300 per unit), the finances pencil out at current interest rates. Let the seller buy down your rate and secure this financing advantage. $60K in kitchen, bath and plumbing upgrades. Unique design with each 2 bedroom/1 bath unit, 3671 Madison and 4569 Cherokee, facing a different street for added privacy. Two car detached garage with workshop and one additional outdoor parking space. Potential ADU opportunity. Also potential to convert to a single family property. Buyers to research alternatives. Central heat and air conditioning. Each unit has own washer/dryer. Separate utility meters for gas and electricity. Water metered electronically for each unit. Tenants responsible for all utilities plus water and trash. Abundant outdoor spaces with pavers and pea gravel for entertaining and pets. Kitchens and bathrooms remodeled in 2022. Electrical and plumbing upgrades by previous owner. Mature fruit trees including lemon and avocado. Quiet location. Fully fenced with private spaces for each unit.

Floor plans

3671 Madison Ave San Diego, CA 92116
For Sale $1,299,900
Square feet 1,505
CRMLS #TR26169750

Features & Details

Beds 4
Baths total 2
County San Diego County
Neighborhood University Heights
Request a showing today!