Description
With the RS-1-7 zoning overlay and the benefits of the Complete Communities and Transit Priority initiatives, this fabulous two-on-one is positioned for opportunity. Whether you choose to move into the primary residence and rent the ADU, or explore other options for expansion, the potential for creating multiple rental units is a lucrative investment opportunity. The main residence at 2044 Madison Ave is a stunning craftsman style home with a large wrap-around deck, offering a beautiful and inviting space. Inside, the spacious family room with a cozy fireplace creates a warm and welcoming atmosphere. The eat-in kitchen provides ample counter and cabinet space, perfect for culinary enthusiasts. With two large bedrooms and a full bathroom, this residence offers comfortable living spaces. The existing primary residence may be converted to a duplex using the JADU (Junior Accessory Dwelling Unit) rules. By "carving out existing space or adding more floor area, the primary residence could be expanded and converted to 2 units. The existing ADU at 4610 Alabama adds even more value to the property. With two bedrooms, one bathroom, a comfortable living room, separate dining room, and a tastefully designed kitchen, this unit is ready to be enjoyed or rented out for additional income. The existing ADU may be converted to 1-2 units, possibly more, see the attached Bulletin from the City of San Diego - page 5, item J. ADU Bonus Program The possibilities for this property are endless as you can customize this property to suit your vision. With the potential for rental units, you can generate a steady income while enjoying the beauty and elegance of your home. Don't miss out on the opportunity to own this rare find in San Diego. Located in the heart of University Heights, this property is surrounded by the vibrant energy of the metropolitan community. From artistic attractions to gourmet restaurants and lush parks, you'll have access to a dynamic urban lifestyle just moments away from your doorstep. Step into a future where beauty and opportunity converge at 2044 Madison Ave. Embrace the harmonious balance of tranquil living spaces and a vibrant community, and experience the full spectrum of urban life in one of San Diego's most desirable locations.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
With the RS-1-7 zoning overlay and the benefits of the Complete Communities and Transit Priority initiatives, this fabulous two-on-one is positioned for opportunity. Whether you choose to move into the primary residence and rent the ADU, or explore other options for expansion, the potential for creating multiple rental units is a lucrative investment opportunity. The main residence at 2044 Madison Ave is a stunning craftsman style home with a large wrap-around deck, offering a beautiful and inviting space. Inside, the spacious family room with a cozy fireplace creates a warm and welcoming atmosphere. The eat-in kitchen provides ample counter and cabinet space, perfect for culinary enthusiasts. With two large bedrooms and a full bathroom, this residence offers comfortable living spaces. The existing primary residence may be converted to a duplex using the JADU (Junior Accessory Dwelling Unit) rules. By "carving out existing space or adding more floor area, the primary residence could be expanded and converted to 2 units. The existing ADU at 4610 Alabama adds even more value to the property. With two bedrooms, one bathroom, a comfortable living room, separate dining room, and a tastefully designed kitchen, this unit is ready to be enjoyed or rented out for additional income. The existing ADU may be converted to 1-2 units, possibly more, see the attached Bulletin from the City of San Diego - page 5, item J. ADU Bonus Program The possibilities for this property are endless as you can customize this property to suit your vision. With the potential for rental units, you can generate a steady income while enjoying the beauty and elegance of your home. Don't miss out on the opportunity to own this rare find in San Diego. Located in the heart of University Heights, this property is surrounded by the vibrant energy of the metropolitan community. From artistic attractions to gourmet restaurants and lush parks, you'll have access to a dynamic urban lifestyle just moments away from your doorstep. Step into a future where beauty and opportunity converge at 2044 Madison Ave. Embrace the harmonious balance of tranquil living spaces and a vibrant community, and experience the full spectrum of urban life in one of San Diego's most desirable locations.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T07:37:36.257. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.