San Diego, CA 92114,522 Fergus St
San Diego, CA 92114,522 Fergus St
San Diego, CA 92114,522 Fergus St
San Diego, CA 92114,522 Fergus St
San Diego, CA 92114,522 Fergus St
San Diego, CA 92114,522 Fergus St
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$790,000

$765,000

3.3%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

1,377 SqFt


SOLD DATE : 03/08/2024

Key Details

Sold Price $790,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,377 sqft

Price per Sqft $573

Subdivision Encanto

MLS Listing ID 240000915

Sold Date 03/08/24

Style Detached

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1950

Lot Size 8,145 Sqft

Acres 0.19

Property Description

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!

Location

State CA

County San Diego

Community Encanto

Area Encanto (92114)

Zoning COMMERCIAL

Rooms

Guest Accommodations Other/Remarks

Master Bedroom 14x13

Bedroom 2 9x10

Bedroom 3 9x14

Bedroom 4 11x10

Living Room 24x14

Dining Room 13x13

Kitchen 16x8

Interior

Interior Features Ceiling Fan, Copper Plumbing Full, Granite Counters, Low Flow Toilet(s), Open Floor Plan, Recessed Lighting, Shower, Storage Space, Kitchen Open to Family Rm

Heating Electric

Cooling Heat Pump(s), SEER Rated 13-15, SEER Rated 16+

Flooring Laminate

Equipment Gas Oven, Gas Stove, Gas Range, Gas Cooking

Appliance Gas Oven, Gas Stove, Gas Range, Gas Cooking

Laundry Outside, Other/Remarks

Exterior

Exterior Feature Stucco

Garage Detached

Garage Spaces 2.0

Fence Full, Gate, Fair Condition, Wrought Iron, Chain Link

Roof Type Shingle

Total Parking Spaces 8

Building

Story 1

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 1 Story

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by Charles N Wheeler • Redfin Corporation
Bought with Frances Inda • Century 21 Affiliated
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