742 44 Morrison Street, San Diego, California 92102, San Diego, 92102 - 3 bed, 2 bath
ACTIVE$780,000
742 44 Morrison Street, San Diego, California 92102
3Beds
2Baths
1,032Sqft
3,049.2Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a newly renovated 2-unit duplex (2-bed/1-bath front, 1-bed/1-bath back), offering immediate potential for rental income and a strong investment opportunity.
Top Cons:
Advanced Age of Original Structure: Built in 1942, the property's underlying structure is old, which, despite recent renovations, may still present challenges or require future investments beyond the cosmetic updates.
Compared to the nearby listings
Price:$780.0K vs avg $772.5K (+$7,500)50%
Size:1,032 sqft vs avg 1,188 sqft50%
Price/sqft:$756 vs avg $66350%
More Insights
Built in 1942 (83 years old).
Condition: Despite being built in 1942, the property has undergone extensive and recent renovations, as explicitly stated and visually confirmed. Both units feature brand new white shaker cabinets, quartz countertops, stainless steel appliances (cooktops, dishwasher), modern sinks, and faucets in the kitchens. New greyish laminate/LVP flooring is installed throughout, complemented by fresh paint and recessed lighting. New windows and a new roof further contribute to its 'virtually new' condition. The property is move-in ready with all visible components meeting current quality standards, indicating no deferred maintenance on the renovated elements.
Year Built
1942
Close
-
List price
$780K
Original List price
$790K
Price/Sqft
$756
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508288
Home ConditionExcellent
Features
Patio
View-
About this home
Recent Price reduction!!! Newly renovated 2 Unit property located in San Diego! 2 bedroom, 1 bath front unit with a 1 bedroom, 1 bath unit in the back. Newly renovated 2 unit property. New roof, appliances, windows and flooring. Located near the 94, 805 and 5 freeways. Close to downtown, balboa park and shops.
Condition Rating
Excellent
Despite being built in 1942, the property has undergone extensive and recent renovations, as explicitly stated and visually confirmed. Both units feature brand new white shaker cabinets, quartz countertops, stainless steel appliances (cooktops, dishwasher), modern sinks, and faucets in the kitchens. New greyish laminate/LVP flooring is installed throughout, complemented by fresh paint and recessed lighting. New windows and a new roof further contribute to its 'virtually new' condition. The property is move-in ready with all visible components meeting current quality standards, indicating no deferred maintenance on the renovated elements.
Pros & Cons
Pros
Income-Generating Duplex: The property is a newly renovated 2-unit duplex (2-bed/1-bath front, 1-bed/1-bath back), offering immediate potential for rental income and a strong investment opportunity.
Extensive Recent Renovations: Significant upgrades including a new roof, appliances, windows, and flooring have been completed, minimizing immediate maintenance and capital expenditures for a new owner.
Prime Urban Accessibility: Strategically located near major freeways (94, 805, 5) and close to downtown San Diego, Balboa Park, and local shops, providing excellent connectivity and convenience.
Desirable San Diego Location: Situated in a highly sought-after San Diego market, known for its strong rental demand and potential for long-term property value appreciation.
Recent Price Reduction: A recent $10,000 price drop from the original list price signals a motivated seller and presents a potentially more attractive entry point for buyers.
Cons
Advanced Age of Original Structure: Built in 1942, the property's underlying structure is old, which, despite recent renovations, may still present challenges or require future investments beyond the cosmetic updates.
Limited Living and Lot Space: With 1032 sqft for two units and a small 3049.2 sqft lot, the property offers constrained living areas and minimal outdoor space, which may not appeal to all buyers or tenants.
Potential for Freeway Noise & Lack of Views: Its proximity to multiple freeways could lead to increased noise pollution, and the absence of any notable views ('None') might detract from its appeal in a premium market like San Diego.