About 3554 56 Sydney Place
Entertaining offers between $1,000,000 - $1,089,990! Discover a prime investment opportunity in the heart of Adams Ave. 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.
Features of 3554 56 Sydney Place
MLS® # | NDP2410260 |
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Price | $1,000,000 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 630 |
Acres | 0.17 |
Year Built | 1980 |
Type | Residential |
Sub-Type | Duplex |
Status | Active |
Community Information
Address | 3554 56 Sydney Place |
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Area | 92116 - Normal Heights |
City | San Diego |
County | San Diego |
State | CA |
Zip Code | 92116 |
Listing Map
Amenities
View | Canyon |
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Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Interior Features | Multiple Primary Suites |
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Appliances | Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer, Freezer, Tankless Water Heater |
Cooling | Ductless |
Has Basement | No |
Fireplace | Yes |
Fireplaces | None |
# of Stories | 2 |
Stories | Multi/Split |
Exterior
Lot Description | ZeroToOneUnitAcre, Landscaped, Cul-De-Sac |
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Roof | Shingle |
School Information
District | San Diego Unified |
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Additional Information
Date Listed | November 8th, 2024 |
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Days on Market | 124 |
Zoning | R-1:Single Fam-Res |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Tiffani Tu |
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Office | Century 21 Affiliated |