3554 56 Sydney Place

San Diego, CA 92116

$1,083,000

List Price

2

bed Beds

2

shower Baths

630 sqft

straighten / sqft

1980

calendar_month Built

Property Description

Discover a prime investment opportunity in the heart of Adams North, San Diego, with this beautifully remodeled two-unit property. Built in 1980, this asset boasts modern upgrades tailored for savvy investors seeking high cash flow potential. The upper-level unit welcomes you with an open layout accentuated by elegant shaker white cabinets and stainless steel appliances. Enjoy the convenience of a mini split AC unit, washer/dryer hookups, and a spacious 350+ square foot outdoor deck—perfect for attracting short-term rental guests or long-term tenants. Downstairs, the allure continues with a front balcony offering stunning canyon views. This unit mirrors the upper level's conveniences with its own mini split AC unit and in-unit laundry. Both units are turnkey and currently thrive as short-term rentals, consistently booked and generating impressive cash flow. Set against a picturesque canyon backdrop, the property provides an appealing outdoor setting that enhances its investment value. The vibrant Adams North neighborhood is a magnet for tenants, offering a dynamic lifestyle with trendy bars, diverse dining options, boutique shopping, and parks. Its proximity to major freeways ensures easy access for commuters and visitors alike! This property is a standout choice for investors eyeing a dual-income opportunity with potential for appreciation.

Listing Information

List Price $1,083,000
Status Active
MLS NDP2410260
HOA $0
Type Residential
Subtype Duplex
Year Built 1980
Lot Size 7,224
Structure Size 630
DOM 9
Courtesy Of Century 21 Affiliated
Listing Agent Tiffani Tu DRE#02044515

Interior Features

Laundry Information
Location(s) Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Outside, Stacked
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 2
Fireplace Information
Features None
Additional Information
Additional Features Multiple Primary Suites
Cooling Type
Cooling Type Ductless

Exterior Information

Maps

Listing information courtesy of: Tiffani Tu, Century 21 Affiliated 619-882-8083. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.