631 Gregory Street, San Diego, CA 92113

Description

Rare opportunity to own a well-positioned duplex in the heart of San Diego ready for its next owner, offering strong rental history, flexibility, and upside potential at a price below market value. One unit is a spacious 2 bed / 1 bath, previously rented at $3,300/month, while the other unit is a 1 bed / 1 bath, previously rented at $2,200/month. Together, the property has demonstrated solid income potential with a history of consistent rental demand. Each unit includes its own laundry, enhancing tenant convenience. Both units also benefit from dedicated yard space, providing additional livability and appeal for long-term tenants. The property offers additional upside with space to expand a parking pad in the front yard area which is an opportunity to further improve functionality and potentially increase value. Whether you’re an investor seeking reliable cash flow, or an owner-occupant looking to live in one unit while offsetting your mortgage with rental income, this duplex presents a compelling opportunity with immediate income and future upside. This property also offers a VA loan assumption for eligible VA Buyer's with entitlement available. Low gap and a rate below today's market. Inquire for details on the assumption.

Features

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• 0.08 Acres
• 1 Story