3814 Merivale Ave, 92116

Assigned Agent
John Reeves
Real Estate Agency
John Reeves
Location
San Diego CA
Price
$ 849999

Property Attributes

  • Price$849999
  • LocationSan Diego
  • StatusActive for Sale 09/26/2017
  • Bedrooms3
  • Bathrooms2
  • Squarefootage1555

Property Description

Price reduction! Price to sell - bring offers.North of Adams Avenue, this elegant beauty consists of a 2 bed / 1 bath home PLUS an attached 1 bed / 1 bath Granny Flat PLUS a three-car garage! Can be used as two rental properties or as a 3 bed / 2 bath home with the attached flat used as a master. The three-car garage includes space for a workshop. Located central to parks, cultural areas, coffee houses and restaurants, this is move-in ready for a family or a savvy investor wanting to own in a prime area

This elegant beauty located north of Adams Avenue within the Normal Heights neighborhood is centrally located to parks, cultural areas, coffee houses and restaurants. Once you are home you will not feel the need to venture far. The floorplan of this home is multi-functional as either a spacious single-family residence or as a rental duplex due to its layout and amenities. Perfectly appointed as a single-family home boasting 3 bedrooms and 2 bathrooms, the property has rich, solid hardwood floors which flows throughout the living and dining room areas. Abundant natural light shines through the multiple sliding doors ensuring that the home is light and airy. The third bedroom has a sitting area, an ensuite bathroom, personal kitchen, private garage, and a private entry making it the perfect in-law, nanny suite or rental. The home has the luxury of a central air conditioning system, a rarity in San Diego properties. The outdoor living space consists of two patio areas off of the living room and master bedroom along with a third patio in the back of the home. The prize of the property is an enormous 3-car garage. The garage, one of the largest in Normal Heights, has been partitioned off into a 2-car garage with workshop space and an additional oversized 1-car garage. There is also RV parking available in the long driveway. The property can fully function as a 3 bedroom, 2 bathroom, 2 kitchen family home or as a rental property consisting of a 2 bed, 1 bath home and a separate 1 bed, 1 bath studio due to the partitioning of the studio and the studio’s self-contained kitchen and full size bathroom. If used as a duplex consisting of a 2-bed / 1 bath and a studio, the pro forma gross market rents are over $50,000 with a CAP rate of 4%. For further value-add, if used as a short-term rental, the property has the potential to produce 2 to 3 times the revenue. 3814 Merivale is a prime single-family residence or long-term rental property for any family or investor that wants to own within an exclusive residential neighborhood north of Adams Avenue and bordering Kensington.

Room Dimensions

  • Master Bedroom Dimensions:
    16x11
  • Bedroom 2 Dimensions:
    11x8
  • Bedroom 3 Dimensions:
    15x15
  • Dining Room Dimensions:
    9x7
  • Family Room Dimensions:
    0x0
  • Kitchen Dimensions:
    15x7
  • Living Room Dimensions:
    21x17
  • Extra Room 1 Dimensions:
    7x6 -

Amenities

More Amenities

  • Value Range Pricing:
    No
  • Short Sale:
    No
  • Internet Syndication YN:
    Yes
  • County:
    San Diego
  • Market Area:
    Metro Upto
  • Community:
    NORMAL HEI
  • Stories:
    1 Story
  • Internet Address Field:
    Full Addre
  • Lot Size:
    4,000-7,49
  • Assessors Parcel No:
    440-442-17-00
  • List Firm Code:
    4647
  • Neighborhood:
    Normal Heights
  • Cross Streets:
    39th
  • Bedrooms:
    3
  • Bedrooms Total:
    3
  • Year Built:
    1930
  • Baths Full:
    2
  • Parkng NonGaraged Spaces:
    2
  • Bath Totals:
    2
  • Estimated Square Feet:
    1555
  • Parking Garage Spaces:
    3
  • Parking Spaces Total:
    5
  • Max Search Price:
    849999
  • MT:
    26
  • Home Owner Fees:
    0.00
  • Home Owner Total Fees:
    0.00
  • Other Fees:
    0.00
  • CFD Mello Roos Fee:
    0.00
  • Space Rent:
    0.00
  • Listing Type:
    Exclusive Right (R)
  • List Agent BRE License no:
    01861983

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