970 Hanover Street #72

San Diego, CA 92114
$900,000
0.55 acres | #SW24216097
Courtesy of Arrive Real Estate

Description

Seller will carry with 10 percent down at a 5.5 percent interest rate. No bank approval needed. Amazing opportunity to get into a duplex with an unpermitted Tiny Home ADU in the back as a third unit. You could absoulety house hack this property and have a small mortgage or no mortgage at all after renting out the tiny home and the top unit. The top unit has a tenant that has been there for 3 years and has always paid rent on time. Tenant just went month to month starting in October after their year lease ended. They would like to stay if possible. There are great views of downtown SD from the top unit. The bottom unit is vacant and ready to be rented out. Each unit is seperately metered and the tiny home is hooked up to the 972 unit. Both units are 2 bedroom 1 bathroom units. The tiny home is 2 stories with a loft upstairs that is perfect size for a bed and some storage. It has a toilet and shower in the bathroom, and a sink in the living room with a vent and space for a small cook top. The home also comes with plans to build a 1200sq ft ADU in the back. The property is almost a half acre with plenty of room to expand and develop for even more cash flow. I have all the disclosures,property inspection, everything you would need to do your due diligence.
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  • Property Details
    • Property
      • Stories:1
      • Lot description:SlopedDown
    • Measurements
      • Acres:0.5523
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1930
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Encanto
    • Location
      • County:San Diego
  • Financial Details
    • Pricing Details
      • Original List Price:$900, 000
  • Other
    • Source
      • MLS #:SW24216097

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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