Description
Prime investment duplex with 3rd level bonus unit that adds 1189sf! – 2832 & 2834 k street, san diego. owner may be open to seller financing. reach out for the om which provides more detail on property. presenting an exceptional opportunity to acquire a versatile and income-generating duplex in a centrally located and high-demand area of grant hill san diego. 2832 and 2834 k street offer two spacious 2-bedroom, 2-bathroom units, each boasting approximately 1,260 square feet of living space for a total of 2561sf. each unit includes a bonus room—ideal for use as a home office or easily converted into a third bedroom—enhancing both functionality and rental value. what truly sets this property apart is the expansive third-floor permitted recreation space, encompassing an estimated 1,189 square feet (total of 3683sf for building if included). this fully approved and permitted attic area offers tremendous upside potential. investors have the flexibility to: convert the space into a standalone 3-bedroom, 2-bathroom unit, generating an additional income stream, or integrate it with the 2834 k street unit to create a large, multi-level residence with expanded bedroom and bathroom counts, catering to tenants seeking more spacious accommodations. highlights include: -off-street parking available for tenants, supplemented by abundant street parking -select units feature recently upgraded appliances -strong potential for increased rental income through unit upgrades and redevelopment for attic -all rough in work (electrical, plumbing) is complete in the third level room current rental details: 2832 k street is leased on a 12-month lease at $3,540/month, with the owner covering water and electric. 2834 k street operates on a month-to-month lease at $3225/month, with the owner covering water and the tenant responsible for electric and all other utilities. positioned in grant hill, a neighborhood experiencing rapid revitalization with new developments, infrastructure upgrades, and growing tenant demand. this property offers both stability through current rents and substantial upside through redevelopment and unit expansion, making it ideal for investors, developers, or owner-occupiers looking to add long-term value. this property boasts significant advantages, including ample parking for current and future tenants. the off-street parking provides at least twelve accessible spaces, despite no assigned spots due to a nearby school. additionally, four off-street parking spaces, highlighted in red, offer secure vehicle storage and add value to the property. this area also allows flexibility for future development, making it appealing to potential buyers or investors seeking growth opportunities. link to the om -https://drive.google.com/drive/folders/1gxgrrvrikfyx99qxqpnfe_tjzprcmplm?usp=sharing
Property Type
Residential IncomeCounty
San DiegoStyle
Residential IncomeAD ID
50111708
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Roof : Composition
- Property Appliances: Gas Water Heater
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Natural Gas
- Has Heating
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Exterior Features
Building Information
- Year Built: 2008
- Roof: Composition
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Source: Assessor
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Listing Information
Listing Price Information
- Original List Price: 1,475,000
- Listing Contract Date: 2025-06-06
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 5451611700
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 92102 - San Diego
- Directions: CrossStreet: Hoitt st
- Zoning: RM-1-1
- Source Property Type: Residential Income
- Area: 92102 - San Diego
Building and Construction
- Property Age: 17
- Year Built Source: Vendor Enhanced
- Levels or Stories: Three Or More
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BuyOwner last updated this listing 06/09/2025 @ 22:58
- MLS: 250029890SD
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.